IN reply to Mr Alan Cure's letter (Worcester News, Wednesday, September 14).

Henry Ford 1, a pioneer of massed production wrote: "It is well that the people of the nation do not understand our monetary and banking system - if they did, I believe there would revolution before tomorrow morning."

The banker Nathan Mayer Rothschild said:

"Allow me to issue and control a country's money and I care not who writes its laws." Thomas Jefferson, a US President wrote: "I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a money aristocracy, which has set Government at defiance. The issuing power of money should be taken from the banks and restored to the people."

Vincent C Vickers, a former governor of the Bank of "England" and director of Vickers Ltd wrote: "Slowly but inevitably, the old financial system is crumbling under the weight of modern conditions and better education of the people; the sooner it crumbles the better, and the sooner it gives way to a better and modern technique the sooner will the world achieve goodwill among men."

E W CARR, Malvern.