Jones: 'I believe that the instalment system of buying has
been a boon to America, since,
1) it has enabled the ordinary man to have what has hitherto
been only a luxury for the well-to-do;
2) it has raised the standard of living;
3) it has provided employment for many clerks, typists, etc., who must
keep instalment accounts.'
Smith: 'After all, the head of a gang of thieves provides gainful
employment, and so any defence of instalment buying on the grounds of
its providing employment is silly and evades the question as to whether
this kind of employment is desirable. Therefore, I don't see that you
have presented any substantial reason for favoring instalment buying.'
