LOAN PUBLICITY
Sir,—Your leading article suggesting improved publicity methods stretss* the possession of right .“materiW 1 When you add “The" material, ttte’Stib* stance of the case,-as the economist r or the banker knows it, is indispensably", you have more faith in ecbnoaiiipg than has that well-known Enghci banker, W. Beaumont Pease, who saijg: "When six economists gather together ' there are seven different opinions.” Imagine a committee of, say, Cole, J. M. Keynes, Colin Clark, add Hartley Withers! Whep. we come-to bankers, two temptations present themselves. Apart from subscribing direct, their readiness to finance cUents with overdrafts for war loan, would have its golden opportunity,' as plausible “ways and means.” Second. 3ha temptation to parade the big bad wolf, “Inflation”—through excess woud be irresistible, in.spite of pajjk overdrafts—“new money”—being thwi* .selves guilty unpublicised creatOf*>of it. Sound finance?— Yours, etc., FLAMBEAU. May 6, 1943.
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Press, Volume LXXIX, Issue 23942, 8 May 1943, Page 6
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142LOAN PUBLICITY Press, Volume LXXIX, Issue 23942, 8 May 1943, Page 6
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