Ancient Rome declined because it had a Senate, now what's going to happen to us with both a House and a Senate?
You see, in Washington they have these bodies, Senate and the House of Representatives. That is for the convenience of the visitors. If there is nothing funny happening in one, there is sure to be in the other, and in case one body passes a good bill, why, the other can see it in time and kill it.
Borrowing money on what's called 'easy terms,' is a one-way ticket to the Poor House. If you think it ain't a Sucker Game, why is your Banker the richest man in your Town? Why is your Bank the biggest and finest building in your Town? Instead of passing Bills to make borrowing easy, if Congress had passed a Bill that no Person could borrow a cent of Money from any other person, they would have gone down in History as committing the greatest bit of Legislation in the World.
In a real estate man's eye, the most expensive part of the city is where he has a house to sell
So here we are in a country with more wheat and corn and more money in the bank, more cotton, more everything in the world-there's not a product that you can name that we haven't got more of than any other country ever had on the face of the earth-and yet we've got people starving. We'll hold the distinction of being the only nation in the history of the world that ever went to the poor house in an automobile.
We Americans think we are pretty good! We want to build a house, we cut down some trees. We want to build a fire, we dig a little coal. But when we run out of all these things, then we will find out just how good we really are.
Land taxes is the thing. They got so high that there is no chance to make anything. Not only land but all property tax. You see in the old days, why the only thing they knew how to tax was land, or a house. Well, that condition went along for quite awhile, so even today the whole country tries to run its revenue on taxes on land. They never ask if the land makes anything. "It's land ain't it? Well tax it then."
We have been just going like a house afire, and we couldent see any reason why we shouldent keep right on burning. Our tastes were acquired on credit, and we wanted to keep on enjoying 'em on credit.
America is the first country where people go to the poor house in their car.
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