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Eight Per Cent: The Only Remaining Legislative Swindle to the Injury of the Working Classes (Classic Reprint) by Unknown Author (Paperback / softback, 2015)

Excerpt from Eight Per Cent: The Only Remaining Legislative Swindle to the Injury of the Working Classes In the above sentence there are three propositions, each of which, although really a truism, may create surprise. 1. That such excessive rate of discount is a legislative swindle. 2. That it is a legislative swindle to the injury of the working classes. 3. That it is the only remaining legislative swindle upon the Statute-book. In the first place, let me premise that I use the term swindle in the legal and moral sense, namely, obtaining money under false pretences; and I call it a legislative swindle because it is created by the Legislature. The Bank Directors, of whom it is impossible to speak too highly, either individually or collectively, are t to blame. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art techlogy to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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