Museum fund
Sir,—When I was in Christchurch recently, I noticed the appeal for museum funds. To carry out that building programme we have everything here and now; material is in abundance and, as for labour, to our shame there are more than 100,000 clamouring for work, representing every profession. To fuse that labour and material we need money, which can come from our Reserve Bank at cost. That is what the bank is there for — to create credit when needed. If we had no material and labour we could not create it, but money can. Nowadays it is 90 per cent ink and paper, always in plentiful supply. The sooner our wizard Finance Minister knows this, the better. To allow priceless treasures to be destroyed for lack of money when we own a bank that creates our legal tender would show wrong values and intellectual immaturity. — Yours, etc., FRANK ALACK. September 8, 1988.
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Press, 14 September 1988, Page 20
Word Count
153Museum fund Press, 14 September 1988, Page 20
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