BANKING AND THE PRESS

Press, Volume LXXI, Issue 21416, 7 March 1935, Page 9

BANKING AND THE PRESS

TO THE EDITOR OV THE PRESS. Sir—ln the interests of the public it is to' be hoped that the four letters under the above heading in your Tuesday's issue will not pass unnoticed by those who are in positions of responsibility and who should therefore be competent to refute or disprove any statements contrary to fact. When such a good case is made out for Social Credit as the alternative, the man in the street is apt to wonder why the other side is persistent m its M We Ce 'hear often enough that Major Douglas shuffled, side-stepped, dodged the issue, got out of New Zealand when asked to face the music—this and much more. Can it be substantiated? As an impartial reader of your correspondence columns it appears to me that these charges cannot be substantiated. At least out of fairness to a distinguished visitor and an -English gentleman I think that these charges should be investigated. _ There are many other statements in these letters appearing in your correspondence columns on Tuesday that should be refuted if refutation is possible The exponents of the present financial and banking system should not, I consider, retire behind a veil of dignified reticence, which seems to be their usual tactics when attacked, but should in the interests of truth and justice take up the cudgels if they consider they have a battle woith fighting. It is 15 years since the case for Douglas Social Credit was first presented and the relevant facts " shalled. Since then, erainmatic remarks of Mr Will Dyson "the facts havo ell shown themselves to be in the pay of the Every day one opens The Pi ess this seems to be more emphatically so than the day before. If the are evident are not bearing out the Douglas theory, perhaps Mr Winchester and his friends will enlighten us as to where the Douglas is fallacious and will also be so good as to present for public consideration a suggested remedy for the worlds economic and financial difficulties. v; n d If Tuesdays letters are of the Kina Mr Winchester referred to as 111-con-

sidered and pernicious criticism," he has a public duty to perform in guiding their writers back to the paths of rectitude—Yours, etc., IMPARTIAL. March C. 1935.