Dear Sir,

Bay of Plenty Beacon, Volume 10, Issue 12, 16 August 1946, Page 4

Dear Sir,

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

THE BURNING QUESTION Sir,—The question of signing the Bretton Woods Pact, should be well considered; time is short, whilst we listen to the propaganda of Professors and students of thac baleful institution, the London School of Economics, w T hich was founded and supported by that Hierachy, the controllers of the Bank of International Settlements. I would draw attention to a leader in the Herald,

July 16, it says: There is more to the loan than a large scale deal between two countries in the sphere ■ of international finance and exchange. As I have already shown, the ‘lnternational’ is a danger to the world at large and the British people in particular. The dollar pool is immaterial as all sorts of concessions will be made, but there is one clause which irrespective of .the rest, tes the British Nation down, and that is the “Bretton Woods Pact.” Therefore it would appear that the policy of the Attlee Dalton cum Evatt Chiffley cum Nash-Fras-er combine would not be to the interests of the body politic. Professor Simkin repudiates the danger of signing the Gold Plot (Bretton Woods) and the International Currency Fund (both being in the hands of private individuals) therefore I would ask Professor Simkin where the gold deposits come in, if it is not to be a standard of false values, to be acknowledged as an accessary to the fact of economic enslavement. And Professor Simkiin led us on a chain of gold into the jaws of International Finance, and International Communism (the two are Siamese twins) which have produced wars to reduce our morale, and threaten us with further depressions and wars unless we submit to their control. Wall Street plans (by forcing the acceptance of Bretton Woods) a gold standard, and international loans to hold the rest of the world in pawn. Wall Street being the headquarters of the Wood Borer, pro tern; does not mean that it claims U.S.A. as the land of its birth, being an insidious international parasite. The surrender of our economic freedom should be decided by a referendum before going to the House.

Yours etc., W. BRADSHAW.

SHIPPING CONTROL Sir, —The idea that all things including shipping should be used for the benefit of the people and not for profit is most attractive. In furtherance of the idea governments set out to regulate or control shipping. Ships are directed to proceed in ballast from Britain to the Phillipines to collect a few parcels and return almost empty. Large and up-to-date vessels usually engaged in New Zealand trade are directed to proceed from Britain in ballest to the Atlantic coast of America there to load cargoes for the Far East. They travel thousands of miles to be ordered to return and unload their cargoes at the very ports at which they loaded. En route they

pass sister ships of the same company returning also to unload their cargoes at the places they loaded them. With goods waiting to be shipped from Britain to New Zealand ships travel from Britain to New Zealand with cargoes of sand. No British ship can leave any British port, load any cargo or proceed anywhere except where directed by the Government. These examples of the hopeless confusion are not the fault of those officials trying to introduce what is called orderly planning or control of shipping. The expected orderly planning must always be disorderly, must always lead to hopeless confusion and chaos because it is an inescapable accompaniment of the system of State planning. It is only the constant search for profit that can direct our activities into those channels wherein lie the needs of the people. * Yours etc., CITIZEN.