"OLD FINANCIAL SYSTEM IS CRUMBLING"

Press, Volume LXXVII, Issue 23514, 17 December 1941, Page 4

"OLD FINANCIAL SYSTEM IS CRUMBLING"

“ TRUTH ” NEWSPAPER NOW EXPOSING FINANCIAL GANGSTERDOM “Slowly—but inevitably, the old financial system is crumbling under the weight of modern conditions and the better education of the people; the sooner it crumbles the better, and the sooner it gives way to a better and more modern technique the sooner will the world achieve goodwill and peace among men.” These words were vividly written by Vincent Cartwright Vickers, for 22 years a Director of Vickers, Ltd., the big English armament firm, and for nine years a Governor of the Bank of England. A series of articles by Vickers is being published weekly by the “N.Z. Truth”—the first article appearing under the title “The Old Financial System Is Crumbling,” in the issue of last week, December 10. “Truth” states that Vickers’s articles are an important contribution to the problems of monetary reform, which is engaging the minds of all of us who think at all. In Vickers’s words are the answer to those who cling to orthodoxy in finance. They prove how the old money system stands in the way of progress, how it creates unrest, bars social betterment, and how “big business” and international finance dominates Government policy. Read these articles weekly yourself. Buy your “Truth”—which so ably adheres to its slogan: “Above all for New Zealand.” There is no doubt that in the publication of Vickers’s powerful. courageous, and searching articles,, “Truth" is doing more than interest its readers—it is giving them the real truth and the inspiration to plan for a belter social and economic order for all. -6