Douglas and Labour.

Star (Christchurch), Volume LXVI, Issue 20425, 2 October 1934, Page 6

Douglas and Labour.

Dear Sir, —J. W. Timpson’s opinion of Douglasism is quite irrelevant to the point which I have raised, as is his inconsequential remark that I am 44 apparently another type of greybeard ” who “ abhors monetary reform ” and 44 enthuses ” over the report of the Monetary Committee. There exist no logical grounds whatever for unity between the Labour Party and Douglas Credit advocates -that is, if the Labour Party is a Socialist Party in something more than in name. Socialism affirms that it is impossible to socialise 44 credit ” while the material things of life are privately owned and the present production-for-profit system lasts. Douglasism affirms the opposite. So, at least hv implication, does the Labour Party if it has " adopted the socialisation of credit ” as an objective which can be realised independently of the socialisation of property. There is no escape from this conclusion, let the party prate about its adherence to Socialism as it may. It is the genuineness of this adherence that 1 challenge and have challenged. I agree with J. W. Timpson that “ the Labour benches are composed of men as sane and intelligent as those of the Coalition.” That is about the best that can be said for the present Labour members of Parliament.—l am, etc., AN ANSWER WANTED.