THE SOIL AND SOCIAL CREDIT

Otago Daily Times, Issue 26473, 29 May 1947, Page 4

THE SOIL AND SOCIAL CREDIT

Sir, —All thinking people must welcome the outspoken addresses of Sir Stanton Hicks on this subject. His radio talk last night contained both warning and instruction. Pre-occupation with atom bombs and disease prevents oiir giving attention to the true foundations of peace and health: " Only let us continue with our food production as we are doing in Australia and New Zealand to-day, and there will be little need for any enemy to take the trouble to use such a weapon.” “ The remedy lies,” continued Sir Stanton, “ in the full realisation of everyone,that farming is the basis of human health, not an industry to be classed with other gainful occupations, and above all not one on which to base prosperity from food export.” But that realisation will entail for any effectiveness it'is to have, a shifting of the very pivot on which our economic activities turn: We shall have to step out of the money economy, that order of things in which we work and trade to get money. As Douglas put it 28 years ago, "All financial considerations are quite beside the point. If finance cannot meet this simple proposition, then finance fails and, will be replaced ’’—debt —finance and the law of the balanced budget must go. How can farmers clogged with mortgages and costs rise to the new conception? How can local bodies and Governments choked with debt take the necessary steps? Social credit is the only answer,' though from the opposition . of monopolistic finance, and doctrinaire economics, as well as the apathy and prejudice of the propaganda-fed masses, it would seem as if the world preferred disease and the atomic bomb, -while enlightened science will talk in vain.—l am, etc., Dunedin, May 28. -Truth.