Douglas Credit—A Utopian Theory?

Radio Record, Volume VIII, Issue 22, 7 December 1934, Page 6

Douglas Credit—A Utopian Theory?

To the Editor. Sir-In his series of talks on the subject of "Utopias" from 2YA, Professor von Zedlitz proved quite as interesting and instructive as ever, but I was just a little surprised at his passing reference to Douglas Credit as a kind of present-day Utopian theory. I have always understood that this scheme professed to indicate how people could, if they chose, live comfortably and free from debt. If its sponsors can substantiate such a claim, jt will only be by intensely practical effort and considerable spade work, The muchesteemed professor had his reasons, doubtless, but I cannot believe that the times we live in are so degenerate as to render the approval of any practical scheme a thing so remote as to be in itself Utopian.-I am, ete..

WONDERLAND

Tauranga.