The Douglas Theory othe Editer of the "Nontit-Civa Dany News"
'With' regard to Mr. Gray's your leader, and letters from "Reformer" and_ "Engineer." Mr. Gray quoted Sir Josiah Stamp and you oferred the quotation. The Femark is hardly of the ton® one would expect or worthy of a so-called big man. However, matters not, for if there is' one body. whose' opinions and utterances are completely distrusted by intelligent observers, that body the one composed of our so-called big °"men—politicians, bankers, economists, diplomats, Por at least ten years we have been Tegaled with "statements. like: "We have turned the comer." "The dawn has arrived." "We have seen the worst." "By the immutable laws of economics, it cannot go. on for ever." "The dark cloud has 'The deeds of the big men show up no better. 'They have tried all sorts of expedients, they have had their gold standard, they have had their managed currencies, they have played with tariffs, taxes, War Debts and Reparations, they' have conferences ad nauseam and the net result has eon that dak in every count of their misguided and feel on way back?" Why.
"Gray says we must, "grope"
feel our way forward? One of the main' reasons for our present Plight has een the fact that our leaders have given all their efforts plying" past' methods modern "needs. This is what the Conference in London will do. and
fore, that the result of all the tally gre can confidently predict, thareentirely' right ays that we want the National Dividend, want 2 the Just Price. The present world situation is. satirically summed up in the Green. Shirt slogan: "Would a Maggot Starve Because Apple was Too Big?"
that, the possibilities of machine He Is also right when he says production are so groat as to por manently release £9 leisure a lange art of the lstelal country, pulation in. any" ihe
Text read from the printed page and cleaned; old type leaves the occasional error.