Читать книгу Pictures of the Socialistic Future (freely adapted from Bebel) онлайн

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As the general election has not yet taken place, and as all the seats of those members who were elected by the so-called better classes were declared vacant, we found, as a matter of course, no other members present save our old colleagues the proved pioneers of the new order.

At the request of the Chancellor, the head of the Statistical Department opened the debate in a speech dealing largely with statistics, and showing the real magnitude of the question in hand. He said there were eight million depositors in the savings banks, with an aggregate of more than 5,000 millions of marks. (Hear, hear, from the Left.) The yearly sum formerly paid in interest amounted to more than 150 millions of marks. Of the deposits, 2,800 million marks were invested in mortgages, 1,700 millions in bonds, about 400 millions in public institutions and corporations, and the balance of 100 millions were floating debt. All bonds had been repudiated by law. (Quite right, from the Left.) With the transfer of all landed property to the State, all mortgages were, as a matter of course, annulled. It was, hence, clear that there were no funds out of which the claims of the savings bank depositors could be satisfied.