TO eradicate poverty from a country such as ours whose national debt still includes repayment on loans to private bankers for the Napoleonic wars, we need look no further than the Channel Islands for the answer.

The Channel Islands refused to relinquish its right to issue its own money to private individuals for personal gain and thereby impose debt and poverty on its population. Instead, they are in the enviable position of being the only country with no national debt, no local government debt, no death duties, no VAT and very little income tax.

If our MPs are serious about ending the recession, eradicating poverty and creating full employment, they have only to enact the same legislation as the Channel Islands and remove the creation and control of money from the hands of private bankers who have made themselves recipients of fabulous wealth illegally and fraudulently and return this power back to parliament under the Crown.

This would cancel the national debt and the continued stranglehold on the economy.

SYLVIA NOBLE (Mrs), Albert Road, Colne.

Converted for the new archive on 14 July 2000. Some images and formatting may have been lost in the conversion.