February 9, 1938 (18th Parliament, 3rd Session)

Mr. MITCHELL:

Merely a list of employees, a very simple matter. I wonder why it is so difficult for people to recognize that there is an acute problem in connection with money. Perhaps an illustration such as this may be helpful. As a farmer I am able to produce certain goods. When I sell them for money I take that money just as much for granted as I do the goods. A government-this or any other-is not able to acquire money in any other way than by taxation or by borrowing. Those are the only two ways, according to the statutes now in effect. For that reason the policy of any government must of necessity be satisfactory to those who provide the means of payment.