USE OF PUBLIC CREDIT
(To the Editor.)
Sir, —Your correspondent "Be Prepared" in your issue of September 11 makes a sweeping statement that our "Ministers make it abundantly clear that to them money is no insuperable obstacle to doing anything." It is to the final word that exception is taken. To issue public credit for useful public works—roads, railways, etc.—is the only sound method. To borrow at interest for such works is unsound. But is "Be Prepared" or anyone else prepared to assert that warfare or the preparation for it is a useful public asset? Granted that guns and munitions are tangible assets, but they are only useful for the destruction of other
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Bibliographic details
Evening Post, Volume CXXII, Issue 68, 17 September 1936, Page 8
Word Count
113USE OF PUBLIC CREDIT Evening Post, Volume CXXII, Issue 68, 17 September 1936, Page 8
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