31 AUGUST 1974, Page 5

G loomy economist r: Borne newspapers and the BBC have I' v en

publicity to the fact that Harry ehultz, the gloomy economist and Pablisher of a newsletter, is leaving !;andon because he does not find it livable or lovable anymore. May I. as a riablis isher of another newspaper, sharing

views about the sad future of this count rY, explain to your readers why I, many other people like me, would dreap of leaving Britain even if the

Si tu ati on were twice as bad. . • Like Mr Schultz, I was born an 'alien' j)ilt during my first visit here, I fell in ,i've With England (it took me some time ,T discover Scotland and Wales) and aecided to settle. Love at first sight is Vt usually a good basis for marriage lit it proved to be a success in my case. This was 'in-• i35 When gloom and ' resPondency swept the country in 1939, had no hesitation in joining the British ilVIY although the chances of winning e War seemed extremely remote to rue, having seen the German Army in action. However, if you love a country CO right for it, no matter what the price may be.

r I knew— people people at that time who ,ao away because they considered Iternselves too talented and too unPortant to risk their precious lives in a Zar. Mr Schultz is not leaving because is life is threatened but because his Money is losing its value and he thinks tnilem is going to be a tinge of violence ca going by economic mismanagement. What a poor lover of England he is!

Admittedly, his type is very little use (if any) in times of trouble and we ought to be glad that we shall have one less mouth to feed no matter how brilliant is his ability to predict the future in economic matters.

• He writes about the debasement of currency as being the cause of most ills. , He, may be right but there are many of ' us who worry about the debasement of other values — like the love of a country and our friends in it. There are still many people who are ready to stay and fight to re-establish the high standard of morality which made this country 'great' which seem to us more ' important than high standard of pay or the chances of making easy money.

Let him go and wish him luck in making more money. 1 would rather stay and make more friends. I would rather be poor, as indeed we shall all be for a while, but thesood sense of Britons will prevail and they will in time reject the appalling materialism and find their true character again.

George H. Lane Economic News Agency Inc, 12 Petersham Place, London SW7