16 FEBRUARY 1940, Page 22


SIR,—It would be interesting to know by what financial pro- cess Dr. Annandale Troup would suggest that billions of German money might have found their way into the coffers of our Treasury. Marks, the only kind of money which Germany has the right to create, are no use in England, and sterling, the money which we do use, Germany does not possess the right of creating.—Yours very truly, TAVISTOCK.

Cairnsmore, Newton Stewart, Wigtownshire.