Dear Sir

Bay of Plenty Beacon, Volume 9, Issue 36, 18 January 1946, Page 4

Dear Sir

Letters to the Editor must b« clearly written on one side of the paper only and where a nom-de-pluine is used the name of the Avriter must be included for reference purposes. The Editor reserves the right to abridge f amend or withhold any letter or letters.

“HONOUR THE DEAD, REMEMBER - THE LIVING” Sir—Through the columns of your paper avc wish to drew the attention of the residents of the County to the Avor’k of a committee approved at a public meeting, which is trying to assist the R.S.A. in a very Avorthv effort.

At that meeting a resolution Avas passed that each and every district in the County should appoint two delegates to form a central committee. The only districts so far wfio haA'e signified their willingness to co-operate and haA r e taken advantage of this honour are Awakeri Thorn-* ton Etlgecumbe, Otakiri and Te„ Teko. This Central Committee noAV. appeals to the residents of those other districts to join them and make this an effort that is worthy of the cause for which men have died and/or wasted years of their lives for every district to postpone their own local efforts for twelve months (what would this twelve months have been under Nazi or

Japanese rule!) and to expend their energy and money in making this effort something by which the living will know how we have appreciated services rendered. We all know that there is a large sum of money held in trust for these men by the Pat-* riotic Zone but there are a few who can estimate the amount required lie fore the last of these men to Avliom.

we owe our mode of living fade away. The few who can make this estimate are those Avho ha\ r e had to consider appeals for assistance—all too numerous in relation Avith the spending of the funds (all too few!) raised by or donated to the R.S.A. The programme of which the committee has so far approved is:—• Each district to appoint a Prin-* cess —district Azotes to haA-e a different so that each district’s Princess has an equal chance of be-t ing one of the two selected to compete against the Borough.

Tlie effort is to conclude, if a permit can be obtained, with a Race meeting the date of which is yet to be arranged. . .. In conclusion the committee makes a final appeal to those districts who have not yet signified their willingness to co-operate, to join them and send a delegate to their, next meeting which will be held at Edgecumbe at 8 p.m. on Monday, January 21. Yours etc., T. li. MAC KEN (Chairman) County R.S.A. Welfare v Memorial Appeal.

U.S.A. WAR BOND RACKET Sir, The following is from the U.S7 .. “Railroad Telegrapher” (March 1945) ‘Here is a pretty how-de-do! Con gressmen Jerry Voorliis, Progressive, California, and one of tbe ablest members of Congress, reveals the fact that the bulk of war bonds are held by banking institutions, and that •

the banks purchased them without using their own money or taking any risk. “Here’s how it is worked: If a bank wishes to buy a million dollars worth of bonds it gives the Government a credit for that amount.” If the bank should run short of cash, it can put up the bonds as security for a million dollars worth of shiny Government currency—invisible greenbacks Voorhis called them. The racket, according to Voorhis, is costing Uncle Sam more than four billion dollars a year. It isquite evident that California has not got it all on its own, and it would be interesting to know the percenage of bonds held by the banking institutions here in New Zealand. Every kind of loan weakens the State (that is the people) and is a want of understanding of the rights of the State. , Yours etc.. W. BRADSHAW.