Mad on money
Sir: Mr Nicholas Davenport's articles on finance are among the most enjoyable pieces in your paper. He knows his subject to perfection and insists on calling things by their real concrete names. He now says (July 10) inflation is a mental disease "caused by the social conflict endemic in the western capitalist societies." Why is the social conflict in question a mental disease? The workers want more of the national product; in fact they want it all. What is wrong with that if you take it that all gainfully employed people are workers and that there is no advantage to them and the nation in having a few people drawing on the national resources from investments other than those made with money saved out of their own salaries?
Harold King The Telegram, 36 Rue du Sertier, Paris 2
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