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LURE OF EASY MONEY

WARNING BY LEADER OF OPPOSITION (United Press Association) WELLINGTON, April 20. “Before you change your present system which works passably well just make sure you substitute something that is an improvement upon what has stood the British people in good s'-iad for centuries,” said the Leader of the Opposition (the Hon. Adam Hamilton) in an address to the Wellington branch of the Douglas Social Credit Movement. Mr Hamilton said New Zealand was enjoying the best standard of living the world had ever known in spite of the slump. He warned the people not to be led astray by the lure of easy money. Social credit was very difficult to define while it involved a study of the monetary system and a study of anything was good. “The British people,” said the speaker, talk about their troubles and magnify them. Very often they give ten times more discussion to their troubles than to the blessings they enjoy. I often think of the old hymn, ‘Count your blessings and name them one by one.’ You magnify everything that is wrong but don t look upon everything that is right.” Mr Hamilton told his hearers that if they could evolve a perfect standard for money in place of the present system which had been built up over the centuries they would be performing a mighty big service to the world.

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https://paperspast.natlib.govt.nz/newspapers/ST19370421.2.65

Bibliographic details

Southland Times, Issue 23179, 21 April 1937, Page 5

Word Count
231

LURE OF EASY MONEY Southland Times, Issue 23179, 21 April 1937, Page 5

LURE OF EASY MONEY Southland Times, Issue 23179, 21 April 1937, Page 5