DOUGLAS PROPOSALS.
10 THE EDITOR. Sir, —Please forgive me for having a good hearty laugh on reading Mr Moss’s opening statement in reply to Mr MacMahus. When he states that Mr MacManus has no knowledge of the present financial system, surely it should be sufficient for Mr Moss to know that anyone understanding the present system knows- that it is not self-liquidating and he will look for another system to take its place. The day that Mr Moss understands it, goodbye to his dear old ideal of the myth of the gold standard and all of its ancient conventions. Will Mr Moss, without any illustrations whatever, tell us what our problem is? Is it one of production or one of distribution? If it is proved to be one of production, I shall be forced to agree that the Douglas proposals are utter rubbish. If, on the contrary, it is one- of distribution, I will state openly and fearlessly that Douglas has a watertight case, as witness all elections, with the exception of the British, being fought on monetary reform, and with what result? The whole world knows, with the possible exception of Mr Moss.—l am, etc., ,W- Pine. June 30.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ESD19360701.2.147.2
Bibliographic details
Evening Star, Issue 22379, 1 July 1936, Page 16
Word Count
200DOUGLAS PROPOSALS. Evening Star, Issue 22379, 1 July 1936, Page 16
Using This Item
Allied Press Ltd is the copyright owner for the Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in