Both the original version(in German) and its English translation of this part are available on the web as well.
Here we'll see that the interest works according to totally different a law. First of all Gesell says that the lower interest is the easier it is to start new business: if the interest were 1% you might turn desert into farm. This will help farmers buy machinery at lower cost as well, making it easier to clear freelands, menace for the rent. Another point is that the interest charged on the freight then was so big that it would have been half of the price then if interest had been zero, helping furthermore freeland farmers. So the lower interest rate is the best it is to make use of the natural resources.
(mig@lime.plala.or.jp)