A NATIONAL CURRENCY.

Press, Volume LXVIII, Issue 20497, 16 March 1932, Page 13

A NATIONAL CURRENCY.

t0 f g SDXTOft 0* THE PBES3 Simon" isn't as simple m OT nd«. For his idea of rejff.ilM|r «tricken Napier was no less and puts to shame tie Gerermcent we were then cursed JJerer was there a case where a fljrcypiant could make use of the fggnUft CTfcdit for the country's beneft t *iii toore certainty of succeeding, a«J g»ining credit into the bargain, fa tto knd and the buildings to be mrild upon it, they would have ample for every penny lent. IfryLfaJl you about the danger 01 a national currency. After looking Mi history a little I reckon it's a «cat ileal tafer than currency issued Vr backs. For instance, sixty or seventy Man agp there was a tremendous fiiterein Biode Janeiro: the great house of and Co. put up its shutters, llua tamgjrt 4wn the great Bank at Broil, and aareral other of the (Mintfy'a-hanka rf issue. The Government vaa equal to the opportunity; it itnised the note tssue that it ought never to ban allowed to go out of its hands.' SiWf there have been u> bank Mw* I koor jtuf previously prosperous ptifk their all in the Napier mtMquia.- If our farmers and busiumfeode dbn't wake up to the truth of *Bai *®np!e Simon" and "Sambo" MX atnrf • national currency, a great inasfaftibein will lose their all, too. — but, etc., NAPIERITE. Ijhnb loth, 1932.