No More Learning

For, to accomplish that,
either the capitalists must relinquish their interest, which would
involve an abandonment of property; or the government must go into
bankruptcy, which would be a           denial of the political
principle; or it must pay the debt, which would require another loan;
or it must reduce expenses, which is impossible, since the loan
was contracted for the sole reason that the ordinary receipts
were insufficient; or the money expended by the government must be
reproductive, which requires an increase of productive capacity,--a
condition excluded by our hypothesis; or, finally, the tax-payers must
submit to a new tax in order to pay the debt,--an impossible thing.