CURRENCY AND THE FARMER.

Press, Volume LXVIII, Issue 20496, 15 March 1932, Page 11

CURRENCY AND THE FARMER.

' TO .TUB EDITOR OF THE PRESS Sir,—ln The Press of the 14th inst. a letter appears over the signature of "Ex-Farmer" on the above subject. In my poor opinion the issue of '' Bradburys' in the in-terest of farmer or unemployed must naturally affect our present money currency., and. we are therefore better off without it. The idea of paying a producer' a stipulated percentage over market cost when prices are under the producing cost, is not good finance, and you would be indirectly pledging the community in doing this, not only financially, but compelling them to pay more for their re-

quirements. Such hoJp would be authorised t>_y the (jruveruuiunt, and guaranteed, and this guarantee every individual would be responsible for. Why should one section of our community bo spoonfed for another ? The crux of the matter is the capital invested, and if the produce is unable to pay the interest on this, any scheme to alleviate ' it is only prolonging the agony of making tlie necessary sacrifice that must come. Eegarding unemployment, I see only one thing that is conspicuous about existing methods, and that is the easiest means of getting rid of the moneys subscribed by the public, instead of relief works controlled by contractors who know their work and tender to the bodies concerned for such work, and are permitted to pay on results. I can hear the howl of derision that such a suggestion is ■ likely to meet, for it will be said to destroy our high living - standard, but where is our standard when we try .to sustain it on chafity ? No one wants sweating to-day, but at' least the value of the money spent in labour should give an equal return to that spent in other business. The Government and local bodies have in the past been too generous with public funds, and now they must economise if 'they mean to continue. —Yours, etc., VEBITAS.March 14th, 1932. TO THJS EMTOB OF THE FRE*B. Sir, — He thought of the .thing, he saw the lights .Through the smoke and mists of (inancialites, Defied the banks, upset the Jews, And far and wide spread the good news He said: Should keepers of land and goods, Makers of products, sellers of goods, Owners of brains and brawn and will Suffer, while banks make a.profit still? bo he issued paper, both pink iind hlue. Just saying King George would pav to you •p P ol,n d_°r more, five shillings or ten, ror services rendered by honest men.

For we lack nothing in this fair land To make us happy, but casli in hand. Cash should be servant, ever the siavu Of trade and commerce, to make and sa,ve. Here's to inflation, the only way To' end our /troubles, and. make us gay, Save our finances, end the session, Banish for ever, the bleak depression. —Yours, etc., ; L. Culverden, March 12th, 1932.