20 SEPTEMBER 1935, Page 19

THE NATURE OF MONEY [To the . Editor of THE SPECTATOR.]

Sla,—If Mr, A. W. Biddy is so sure that his peculiar views on economics, contradicting as they do the perceptions of the nature of " money held by such respectable Writers as urne.'Loeke, Bishop Berkeley, Reginald McKenna, G. D. H. Cole, Robert Murray, the., &e., are nevertheless valid, why is he so furiously opposed to a test of then by experiment ? As to his remarks on bribery, and the " right " he so strenu- ously denies of every citizen to security against poverty, were he less ignorant of the works of C. H. Douglas he might have heard of the cultural Heritage, and the individual's nnequivocable share therein. Methinks he either understandeth not the Calgary proposals, or lie doth protest too much. It might be noted that the Associated Press dispatch of New York. gives a very lucid and unbiased account of Mr. Aberhardt, and • I suggest the British Press both daily and Weekly would be well advised to do likewise.—Yours, &c., 801 San. Gregorio; Venezia, Italy. EZRA POUND.