Dear Sir

Bay of Plenty Beacon, Volume 10, Issue 15, 23 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.

WHAT IS DEMOCRACY?

Sir, —It was Mr Bradshaw who spoke of “Democratising” the control of credit. He admits that to “democratise” the ownership of the means of production and distribution is an illusion for its results in dictatorship. I am merely showing that there is the same illusion in “democratising” . the ownership or control of banking or credit.. Mr Bradshaw’s trouble arises from mythical beliefs. The control of the Bank of England was completely taken over by the Government in „ 1931 and ever since then it has been under the control of the government and is now owned by the State. It was in 1931 that Mr Montague Norman expressed his strong disapproval not only of the State taking over control but of the financial methods and policy of the Government. Although a servant of the Government he wished it to be known that fie disassociated himself from thepolicy. Can Mr Bradshaw tell us what hidden foreign power controls the New Zealand monetary system which is controlled by the State or the Federal Reserve Bank which is owned by the American Government? It is amazing that people should speak or write such utter nonsense.

Anonymity in voting at the Ballot Box or in the expression of opinions is the inherent right of the subject in any democracy for without such right there could be no democracy. Mr Bradshaw in attempting to deny that democratic right to me is showing signs of his inability to support his fallacious ideas. What Mr Bradshaw has failed to grasp is that democracy flows from widely spread private ownership of the means of production, tion and exchange plus the free com•petitive system. He fails to understand that already there is vested in the State full powers and the machinery necessary to control or regulate the whole volume of money or credit. The next step will be vesting in the State the right of deciding which particular individuals

shall obtain credit and when this happens then as Major Douglas points out democracy will become impossible. ; * Yours etc., ONLOOKER.

OUR BREAD SERVICE

Sir, —I would like to bring to your notice, the complete absence of a bread delivery service in this V town. All through the war years others in the business community, grocers and butchers gave a steady and splendid service to their customers under trying war conditions and restrictions. The proprietors of bake-houses in 1939, gave a splendid seiwice, whuch certainly does not exist today. What do we see now, mothers with prams trudging up the wet streets; young children parked with- the neighbours, while mother rims up the road for the bread and father comes home without the bread and gets the cane. All this aside, Sir, its time we had a bread delivery service. Restrictions are off now, - other businesses can deliver. Wake up Whakatane bakers lest you find a country baker has stolen your loaf with service to the public. Yours etc., “BREADLESS.”

THE TUARANGAIA BLOCK

Sir, —In reference to the column in your paper about the Rehab, prospects of the Tuarangaia Block, I would like to ask our President of the Camber of Commerce, Mr H. G. Warren, if he could tell me. and other Retuimed Soldiers v how much of this land it would take to run one good cow and what it would cost per acre to break in this wonderful block of rolling country which, at present for the most part is in fern, scrub and native bush. Would the President like to see the same thing happen to the Returned Soldiers of this war that happened to a lot of Diggers from last war when land of this kind was sold to them, in the end they had to walk off after working hard, losing all the money they had saved. Yours etc., s L - E. BULLOT.