Usury has gnawed into England since the days of Elizabeth. First it was mortgages, mortgages on earls’ estates; usury against the feudal nobility. Then there were attacks on the common land, filchings of village common pasture. Then there developed a usury system, an international usury system, from Cromwell’s time, ever increasing.” In the end, Pound suggested, it would be the big money interests who would really win the war–not any particular nation-state–and the foundation for future wars would be set in place: “The nomadic parasites will shift out of London and into Manhattan. And this will be presented under a camouflage of national slogans. It will be represented as an American victory. It will not be an American victory. The moment is serious. The moment is also confusing. It is confusing because there are two sets of concurrent phenomena, namely, those connected with fighting this war, and those which sow seeds for the next one.” Pound believed one of the major problems of the day–which itself had contributed to war fever–was the manipulation of the press, particularly in the United States: “I naturally mistrust newspaper news from America,” he declared. “I grope in the mass of lies, knowing most of the sources are wholly untrustworthy.” According to Pound: “The United States has been misinformed. The United States has been led down the garden path, and may be down under the daisies. All through shutting out news.
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>Read the room.