DOUGLAS SOCIAL CREDIT
Sir, —Once more the Auckland Douglas Credit Association have dodged answering either of my plain and fundamental questions. (1) Do they or do they not propose to use gold as the basis of, their monetary system. (2) If not, what form of paper money they propose to substitute. It is neither to the point nor collect to talk about gold being an " interloper," and to deny that it is the basis of our present monetary system. The question is: is it to bo the basis of theirs? . . . Again it is not for them to challenge inquirers to disprove their theories: it is for them to prove them.' But all they can do is to put forward their A and B theory, founded on false premises, and quote their fatuous Guernsey experiment. As they aro apparently unable to answer my simple and essential questions they stand discredited. Student.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19321125.2.174.3
Bibliographic details
New Zealand Herald, Volume LXIX, Issue 21349, 25 November 1932, Page 15
Word Count
150DOUGLAS SOCIAL CREDIT New Zealand Herald, Volume LXIX, Issue 21349, 25 November 1932, Page 15
Using This Item
NZME is the copyright owner for the New Zealand Herald. 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 NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.