Page 9 Advertisements Column 1

Press, Volume LXXXIX, Issue 27208, 27 November 1953, Page 9

p " ’ ’ ’’ ' :■ •- < - NOTED AUSTRALIAN AUTHOR C. BARCLAY-SMITH, pays tribute to the engineer who t mW demonstrated the policy by which \ a new civilisation could be brought to birth. The policy of * our essentially Christian and Anglo-Saxon philosophy in the \ spheres of economics, politics and social relationships in contra to that of communism, socialism or dictatorship. HIS TRIBUTE:— In December last when I sat down to wrti C ‘ DOUGLASposaIs and philosophy of C. H. Douglas I “ ® hcl . B summin S up the progered—by the transcendental genius ofthe a 9“" struck—indeed, stagfeasible and practical solutions to all th» “d the mind which offered baffle statesmen and economists. ° major problems which appear to Just consider: His penetrating mind saw the flaw in c . , practical remedial measures. 106 hnancial system and he devised His proposals related monetary issues t„ „ j nor less, thus ruling out the alternatino ca P““tY. neither more His proposals made it possible to <rren«l« • boom and slump. at the same time effect a general rlductiXn n o 7p'rices ,he T ° lun, ° oi mon eY “nd lax enslavement’ 1 * * he WaY °* esco «« «*e encricling gloom of debt and He saw the cause of wars as the insecurity «« • .. . , . national and international scale, and he nr^ita 1 j divid “ al m . a 9nified to the to remove those causes. ' P rovide d a financial mechanism He realised the impact of the power mnrHno again gave the world the answer to the imnenX? 0 e “ plo Y m ® nt system, and or rather, unempayment. unpending problem of unemployment. And, finally, he lifted his great mind to the abßfrrrr-« i—-i j a practical philosophy of freedom, whereby t£> hJr t} “? d ? a^ e the worid maximum stature and happiness whereb Y the mdivrdual might reach his When one pieces the story together one feels u«jhaving been associated, even remotely and ’.o°! *5 a movement which transcends all other a " d ±r; p , les h , a j e becom ® contribution to the new its hue 8668 Douglas ' He gave the world a new conception of economic democracy, a new assess meat of the supreme importance of the individual, and an entirely new financial technique to make economic security physically possible. Y Sorfffl Drt't/- °‘ bOokshop I° r M - Distributors Gordon & Gotch.

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security OPENING Ist DECEMBER WELLINGTON CITY COUNCIL 47. BEARER 1 DEBENTURES ISSUE AT PAR £577,400 TERM—IO YEARS The Wellington City Council requires loan capital for a number of important development works, including street construction, sewerage and stormwater drainage, water supply, aerodrome and reserves. , One of the largest local bodies in the Dominion, the Wellington City Council's sound financial position makes its loan issues among the soundest major local body investments in the country. There has been a heavy demand for this popular security and the Debentures remaining are all for a ten year term. (Make your reservation NOW! Applications for Bearer Debentures (in £lOO denominations or larger by airangement) can be made now, but payment is not required until the Loan opens on Ist December. Interest accrues from date of payment on or after opening date. Apply now for this Trustee Security. Copies of Prospectus and Application Forms are obtainable from the City Treasury, Town Hall, Wellington, any Bank or Sharebroker.

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