MONEY NOT WEALTH.
(To the Editor.) Sir,—-The following sentence from Sir Norman Angel’s “Story of Money” is worthy of publication during a period of intensive debate on financial questions: “The common use of money gave rise to the notion that men could Increase wealth indefinitely by increasing the thing in which they measured it—the precious metals, or even. the tokens of the metals —so that we have had a never-ending succession of debasement or inflations of currency, mercantilist or bullionist fallacies and monetary bedevilments of all kinds.” • "Becoming wealthy by Increasing the tokens of wealth” is a fallacy.—l am, etc., ■A. WAR BURTON. Ngaruawahia, July 24, 1935.
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Waikato Times, Volume 118, Issue 19638, 26 July 1935, Page 9
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107MONEY NOT WEALTH. Waikato Times, Volume 118, Issue 19638, 26 July 1935, Page 9
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