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MONEY CONTROVERSY.

Another Barrister ' wrecks his own case as an advocate of the bank doctrine of "110 money except 011 terms or interest" when he states that with regard to the members of the community who have goods and services to exchange the payment of interest is unnecessary and never even contemplated. If the farmer could not pay for work done. 110 banker could come to his assistance, for the bank does not deal in goods or labour. As payment is rendering service, the onlv payment the bank makes to the communitv is the keeping of accounts. The community should, of course, pay the banker for keeping its accounts, but the br.nker should not contend or pretend he lends the goods and services produced and rendered bv workers other than himself. BARRISTER.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19360501.2.46.5

Bibliographic details

Auckland Star, Volume LXVII, Issue 102, 1 May 1936, Page 6

Word Count
132

MONEY CONTROVERSY. Auckland Star, Volume LXVII, Issue 102, 1 May 1936, Page 6

MONEY CONTROVERSY. Auckland Star, Volume LXVII, Issue 102, 1 May 1936, Page 6

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