WANTED, JUST'PLAIN FACTS

Nelson Evening Mail, Volume LXVI, 12 April 1934, Page 7

WANTED, JUST'PLAIN FACTS

A -I ’.(To the. Editor) q ! " Sir,—This., being the season or anniversary of' those who cried Reformer,- release to us mer. Brown’s” Easter letter is ih ordpr. I appreciate his humour, but find - it,is the sugar coat over some curious : I6gic. I will not-call it economics a there are no economists nowadays.*;' As they have cancelled themselves, out! we must look to the engineers,. etcl>i>exppnents„ of£ex.act. science. So' why not put ,to “Farmer Brown” V a few questions. ..For..instance, if he could, borrow £IOOO for one year at 6 per cent,, aidffie end.-.0f,. rib® year he has to return £IO6O. Now can lie tell us where the £6O comes from ? I do not believe him if he says it 'opmes from the exchange, or-that htt£jjpt;‘ it from the production of butter-fat-br apples. What we want to kjiojy i&wjbht brings each unit unto I will accept the same! adihipsion »tl)at Mr Fnsseß gave to over the Rural Credits issum'.hbtij4ne sheltering under 'the word/ ‘;abSfci%tt’’ to simpler questions. Is it not-logic! to believe that if. “Fussed kUockedtfßiiSnworth out to a fizzle” tb quote ,-Fanhef Brown” that the press • wou^d/f'jjjS.Ve boosted the report all 'over/New-;4Zei-land next day? Was it in consideration for Captain Rushworth’s • feelings •dr was it too hot for publication, the answer. Now, sir, /I' ’ask “Fanner Brown” to supply you with.lfr® “Fizzle” for publication and I/arif sure ./ you will be only too pleased- tb Oblige him. Our misgovernment to have the, present* currency system:;-ex- ■ amined by the Currency:.. Cbmniissidh and the bankers’ examination was-'the only chance opening for CiptaiA>;Kufehworth who had about four hourfc attd’a.H independent verbatim report of the,proceedings was taken. We will •tWf.ffia official record first. - ' - I agree with “Farmer Brown’-’./pujithißi-evils of inflation and would ask nijh'tb agree with nie that the origin pf/tpe del.; nression was inflation, gross bank: inflation of the currency. Thfevgiwefiiments had a hand in it too, arid-this.’dei pression which followed wds/ ciiutbd/by those ’in control of currency, deflittinff the past of the community—fapjVi'ptj 1 ) labour, manufacturer, etc.,—*so get the necessary added value to:back the inflation to turn it into sbUttd money. The mistake they madp was-jifye destruction of confidence in Thfe! pro'bbsS and judging by the slow movement Ail public opinion the depression witl/ rmi , at least two years vet. Quite right/Mr Brown, there are’“any amount- of qUias in New Zealand.” Tell us after tracing their origin, how many real, htiwuuahy counterfeit. And I would ask “F,aimer Brown” seeing that, lie ife favourable to deflation why he cannot support liaior Donclas as his iust price, factor'edit be deflationary. Docs ’mt want at.jiist price for the farmer? Incidentally thfc socialists and some labour are against the Donc-las scheme bemuse of its! just price, and the deflation of those who/ get more, the hairdresser and eye specialist. One more question for the p’pesbnt that I want “Farmer Brown” or' ariy farmer that farms the farmer to take*,Up.' Ts tin’s world brought into existence fbr ♦he benefit of money or mankind?— I am, etc.. . •T. P. PR.OTJSE. Bel grove, Bth April.