MONETARY SYSTEM

Timaru Herald, Volume CXXXVII, Issue 19623, 18 October 1933, Page 14

MONETARY SYSTEM

CALL FOR REORGANISATION. By reiMtrann pt«s Association AUCKLAND. October 17. The Anglican Synod last night resumed the discussion of the Rev. W. W. Averill's motion, caUing for reorganisation of the monetary system. An attempt to apply the closure was overwhelmingly defeated. Mr G. H. Regnall said they had heard the usual extravagance of lan- ; ullage and loosen ecz of thought which ! characterised most of the argument j against the existing monetary system. ! That system had evolved gradually, and had behind it the strong sanction of experience. Mr Averill should be supported in what he had said regarding the destruction of the fruits of industry, and the intolerable conditions under which some people lived. Legislation affecting the Arbitration i Court and other factor, were causing sweating. The Rev J. B Cable, speaking of experiences in relief camps, said most | of the men were cheerful, but it was ! inevitable that some should discuss ! with enthusiasm the doctrines of ' Lenin. “Would not some members of the Synod feel Bolshevik” he asked, ”if they were compelled to leave their homes and go into camps, while some iof the more fortunate members of society can go to their golf clubs and bridge parties 'whenever they please?” He commended Mr Averill for courage at a time when there were many "weathercocks” about Mr J Manning said the opponents of the motion lacked the pioneer spirit, they were clinging to outworn ways. He did not like to think a child had to go through a chaos like the present chaos evei to form a Christian character. The price was too great. Mr W. Skegg declared that the moj tion was undiluted Socialism of the ! most dangerous kind Mr F Sangar said they had been 1 told to leave the matter to experts His experience of experts had not been encouraging They always opposed any suggestion for the betterment of the industrial class. The present crisis had given the church an opportunity of righting a great wrong. Mr Averill, in reply, said he was not trying to beguile the Synod into the Douglas Credit. He was asking them to endoi. ° Christian principles It was possible for the Synod to say whether it was in accordance with Christ’s principles for a money system to stand between the people and the goods they needed. The debate was ..djoumed.