20 AUGUST 1937, Page 23

THE ALBERTA EXPERIMENT

- [To the Editor of THE SPECTATOR.]

SIR,—I am very much surprised that a journal of the standing of The Spectator should lower itself to criticise money policy in the manner you have done in your article on Alberta. You use the word tampering as if a postman had taken postal orders in the post.

When a body of people wish to effect a change in monetary policy there is no reason why private money interests should stand in the way, and I do not see why the State should not be able to look after the interests of the people of Alberta just as well as any private company of moneylenders.—Yours,