26 JUNE 1926, Page 16

INDUSTRY AND THE BANKS.

Ma. J. S. Mammon (The Old Hall, Lowdham, Notts); writes : " One so well informed as the Editor of the Spedato must be aware that there is an increasing number of thoughtful men and women, including many of his readers, who arei convinced that the solution of the economic problem is to be sought on lines diametrically opposed to those of orthodoi finance. When even the Banker, the latest organ of orthodox finance, admits that ' at the bottom of a not very clear; consciousness the public seems to feel,' that the qualities' which have made British banking the efficient machine that it is are not quite enough,' and that ' Banking must find an answer, if the present restlessness is to cease ; something must be said which the public can understand and apply to its daily problems,' there would appear to be at least a prima facie case for those urgent demands for enlightenment which are at present passed over in silence by the bulk of the Press."