GOVERNMENT’S FINANCE POLICY.
(To the Editor.) Sir, —Without a pronouncement as to the financial policy of the Government, some people take it for granted that, promised benefits will be implemented through taxation. In view of the danger of further taxation, and the fact that, seventeen of the members of the House were strongly supported at the last elections by the Social Credit movement, I think you will find that the social or national credit will be used, and issued through public works, pensions, etc. Another phase of our economic state is a hardening of produce and other prices, hailed by the press as a recovery from the world slump. A few minutes’ perusal of the papers will show that this hardening is due to huge volumes of credits being released for armaments the world over, so giving point to Douglas’s statement that the present economic system is provocative of and only kept going by a series of trade wars. —I am, etc., HEATH MASON.
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Bibliographic details
King Country Chronicle, Volume XXX, Issue 4811, 20 February 1936, Page 4
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164GOVERNMENT’S FINANCE POLICY. King Country Chronicle, Volume XXX, Issue 4811, 20 February 1936, Page 4
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