27 SEPTEMBER 1946, Page 14

LIQUID ASSETS

SIR,—Janus advises us to keep banking accounts in order to foil prospec- tive depredators. Is he right? More and more frequently, in the tube, I see extravagantly dressed and bulky people, men and women, transferring huge wads of notes from pocket to pocket or bag. Are they dog addicts, night-club gamblers or black-market dealers? In any case, we may be certain that none of them is guilty of possessing a pass-book, that most damning of all evidence for the most persistent of all depredators, the

Income Tax inspector.—Yours faithfully, H. P. GARWOOD. 2 Sussex House, Raymond Road, S.W.19.