for political and economic realism

12
The Social Crediter, Saturday, December 10th, 1938. FOR POLITICAL AND ECONOMIC REALISM THE -SOCIAL CREDITER Vot 1. No. 13. Registered at G.p.a. as· a Newspaper. Postage (home and abroad) 6<1. . 3d. Weekl,.. SATURDAY, DECEMBER 10th, 1938. THE MILK BILL By C. H. J. The Milk Industries Bill was placed before Parliament Oil November 18th. Bv the end of the month it had been withdrawn by the Government in face of a storm of protest from producers, dairymen and the Milk Board itself, and a threat of revolt by many Conservative M.P.'s. It is expected that a new Bill will be presented next year. What an astounding. thing that a "National" government should so fail to embody the wishes of its electors in a measure of this importance, affecting the whole nation! The exact reasons for this effronterv would be illuminating. . Eight "Dictators" The Bill proposed the setting up of a Milk Commission of eight members, none of whom should have any connection with the milk industry. (Is this purified bureaucracy P). The Commission was to be given complete authority over the Milk Marketing Board and over any organisation set up by distribut- ors. This was an open attempt to use an instrument (the Milk Marketing Board) forged and controlled, at least nominally, by producers, for the purposes of "independent" dictatorship. This is exactly what was forecast by the "Planners" in 1928 before there was an Agricultural "Marketing" Board in existence. It is but the thin end of the wedge. In 1931, the Government solemnly assured the farming community that "democratic control" in the administration of the marketing schemes would be assured by the fact that the bodies entrusted' with the administration of the schemes would be composed of the elected representatives of registered producers. Clause SS of the Rill would force the Milk Marketing Board into a position where they would be compelled to hand over their powers to the Commission to exercise. The Commission would have power to demand information from any producer and from the Milk Board, and power to inflict heavy penalties for non-compliance. Milk DistributiOll Mr. Cleveland Fyfe, General Secretary of the National Farmers" Union, writing in The Farmers' Weekly,. says ~ "But far more threatening are the powers proposed to be given to the Commission to interfere with the organisation of distribution and the proposals relating to pasteurisation orders. "Producer-retailers will, presumably, be effected by the regulations to be made by the Commission governing. the number of deliveries, description of containers, equipment and maintenance of premises, vehicles, etc. They will certainly be affected bv the schemes for the 'rationalisation' of distribution, and those whose business is wiped out by such schemes will get such compensation as may be ordained in the schemes framed by the sponsors of monopoly. "The whole tendency of the provisions relating to the organisation of distribution will be to drive the business of distribution into few hands-indeed, the side-heading of Clause 36 reads: 'Participants to have retail monopoly of milk in area covered by local rationalisation scheme'-and it is quite evident that the pasteurisation proposals are calculated to expedite the process. The five years' grace to the producer-retailer merely postpones for that period his virtual extinction. Retail Prices H •• And the low insurance-price basis rules out all possibility of a. reduction of retail prices. The liquid milk market must continue to subsidise the manufacturing market. "... So far as concerns any attempt to develop the industry and put it on a sound and prosperous foundation, we may take it that the Milk Marketing Board will be bound hand . and foot. The Milk Commission, on the other hand, will be directly answerable to Whitehall, and will have it in its power to get rid of the problem of overseas competition by regulating home production to suit its price-insurance ideas. "Part VII of the Bill provides a really classic example of bureaucratic perversity. It proposes to sabotage the research and publicity work now being , done by the Milk Marketing Board and the National Milk Publicity Council by requiring the Milk Com- mission to appoint a Research Committee and to

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Page 1: FOR POLITICAL AND ECONOMIC REALISM

The Social Crediter, Saturday, December 10th, 1938.

FOR POLITICAL AND ECONOMIC REALISMTHE -SOCIAL CREDITER

Vot 1. No. 13. Registered at G.p.a. as· a Newspaper.Postage (home and abroad) 6<1. . 3d. Weekl,..SATURDAY, DECEMBER 10th, 1938.

THE MILK BILLBy C. H. J.

The Milk Industries Bill was placed beforeParliament Oil November 18th. Bv the end of themonth it had been withdrawn by the Government inface of a storm of protest from producers, dairymenand the Milk Board itself, and a threat of revolt bymany Conservative M.P.'s. It is expected that anew Bill will be presented next year. What anastounding. thing that a "National" governmentshould so fail to embody the wishes of its electorsin a measure of this importance, affecting the wholenation! The exact reasons for this effronterv wouldbe illuminating. .

Eight "Dictators"The Bill proposed the setting up of a Milk

Commission of eight members, none of whom shouldhave any connection with the milk industry. (Isthis purified bureaucracy P). The Commission was tobe given complete authority over the Milk MarketingBoard and over any organisation set up by distribut-ors. This was an open attempt to use an instrument(the Milk Marketing Board) forged and controlled,at least nominally, by producers, for the purposes of"independent" dictatorship. This is exactly whatwas forecast by the "Planners" in 1928 before therewas an Agricultural "Marketing" Board in existence.I t is but the thin end of the wedge.

In 1931, the Government solemnly assured thefarming community that "democratic control" in theadministration of the marketing schemes would beassured by the fact that the bodies entrusted' withthe administration of the schemes would be composedof the elected representatives of registered producers.Clause SS of the Rill would force the Milk MarketingBoard into a position where they would be compelledto hand over their powers to the Commission toexercise. The Commission would have power todemand information from any producer and from theMilk Board, and power to inflict heavy penalties fornon-compliance.

Milk DistributiOllMr. Cleveland Fyfe, General Secretary of the

National Farmers" Union, writing in The Farmers'Weekly,. says ~ "But far more threatening are the

powers proposed to be given to the Commission tointerfere with the organisation of distribution andthe proposals relating to pasteurisation orders.

"Producer-retailers will, presumably, beeffected by the regulations to be made by theCommission governing. the number of deliveries,description of containers, equipment and maintenanceof premises, vehicles, etc. They will certainly beaffected bv the schemes for the 'rationalisation' ofdistribution, and those whose business is wiped outby such schemes will get such compensation as maybe ordained in the schemes framed by the sponsorsof monopoly.

"The whole tendency of the provisions relatingto the organisation of distribution will be to drivethe business of distribution into few hands-indeed,the side-heading of Clause 36 reads: 'Participants tohave retail monopoly of milk in area covered by localrationalisation scheme'-and it is quite evident thatthe pasteurisation proposals are calculated toexpedite the process. The five years' grace to theproducer-retailer merely postpones for that periodhis virtual extinction.

Retail PricesH •• And the low insurance-price basis rules out

all possibility of a. reduction of retail prices. Theliquid milk market must continue to subsidise themanufacturing market.

" ... So far as concerns any attempt to developthe industry and put it on a sound and prosperousfoundation, we may take it that the Milk MarketingBoard will be bound hand . and foot. The MilkCommission, on the other hand, will be directlyanswerable to Whitehall, and will have it in its powerto get rid of the problem of overseas competition byregulating home production to suit its price-insuranceideas.

"Part VII of the Bill provides a really classicexample of bureaucratic perversity. It proposes tosabotage the research and publicity work now being

, done by the Milk Marketing Board and the NationalMilk Publicity Council by requiring the Milk Com-mission to appoint a Research Committee and to

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Page 2 THE SOCIAL CREDITER

spend money (exacted from the industry) forresearch and for the promotion of milk sales.. "... The Bill ; .. will create discord and friction,

... and will not add .ld., per gallon to pool prices nortake. Id. per quart off fhe price to the consumer.

"In the case of cheap-milk schemes, these simplyrepresent a social service, and all .that the dairy

.farmer will get out of this service is the, definiteassurance that any extra milk allocated to it will besold' at less than the .cost of production.

What About the Consumer?\Ve have already "seen that no reduction in the

retail price of milk would be likely. The officialstatement of the National Farmers" Union goesfurther and says that the Bill, if enacted, would do"grave harm" to the best interests of the milkindustry and the consuming public.

The "massacre of producer retailers," as Mr. T.Baxter, Chairman of the Milk Board, put it, thatwould ensue, would bolster up the already enormousprofits and power of the milk distribution combines.The public would lose the personal service which "they'get from small retailers, and would cease to haveany voice at all in what milk they or their childrenshould drink.

children's teeth .tend to decay with pasteurised milk"Other points given about pasteurisation by The \

Daily Express are: Pasteurisation does not clean milkIt enables milk to be kept for three days and sold asfresh. Pasteurised milk' does not sour-it putrefies.The public would have to pay the cost of carrying themilk to the pasteurisation plant and back to theretailer. Pasteurisation would cause carelessness inthe production of milk The present drive for cleanmilk would lose effect. Tuberculosis in childreir-isnot caused ,by milk but by bad feeding and~--""surroundiags. . .

On November 29th, The paily Express says: "Andwhat do the advocates of pasteurisation say? -Thatthe vitamins des'troyed by this process can be replacedby adding orange juice. One orange costs a penny.Many families have not a penny to spare tor bothoranges and milk". Compulsory pasteurisation is thus exposed as adirect attack on the health and physique of thenation, as well as on numberle.ss hard-workingtradesmen and producer-retailers.

An N.F.U. Proposal"Increased 'consumption oi liquid milk must be

encouraged, and the cheap milk ,schemes must beextended as a national service, without placing theburden .upon producers." Precisely. Why shouldfarmers carry the double burden of actual productionand financing consumption?•The only solution is for retail prices to beadjusted until all the milk we can produce CAN BE \,BOUGHT by those 'who .need it, until their needs aresatisfied-or- the physicab~limits of ..iWoduc;tion_.arereached, and for, "price compensation" to be paid tothe farmer in the form of 'drafts on the NationalCredit. " C. H. J. _

Pasteurisation ,.In an interview reported in The Daily Express of

November 28th, Dr. A. H. McDonald, chief medicalofficer to Dr, Barnardo's Homes, said:

"We have found that pasteurised .milk lowersthe children's resistance to tuberculosis. In most' ofour homes the children. are given raw milk andtuberculosis is practically non-existent . . I . Pro-fessor Sprawson, our dental expert, has found that the

Messrs, Kuhn, Loeb & Co., whocontrolled all the contracts for theindustrialisation of Russia, whichwas done practically at starvationwages. Exactly the same thinghappened in Germany. /

I t is possible to sabotage afinancial system, just like anythingelse, but it does not follow 'that thesaboteurs will lose control.

Yours faithfully,C. H. DOUGLAS.

LETTER TO THE EDITORThe Editor,THE SOCIAL CREDITER,10, Amberley Street,Liverpool.

ON OTHER PAGES

COMMENTARY

Mrs. PALMER'S PAGE

MILES HYATT:A LONDON LETTER

HAMf:£T-.~-'-.-'---__IThe Model Intellectual

29th November, 1938.Dear Sir,

Your African- correspondentseems to think that there is somecontradiction between my suggest-ions that the financial system will

....mot survive the next war and that,had --there been'+a <war- -£01'-- thedefence of Czechoslovakia,. theinternational financiers would have The total morteaze debt ofcontrolled the world from America. Cardiff City Councii \Sb £4,565;776.

Come, Mr. African, think a We learn that less.than 10 per; cent ..little! - The first step taken in' of this is held by private individuals.Russia when the Bolshevists came £890,000 of the remainder isinto power was gigantic inflation, borrowed from other local authori-with the consequent destruction of ties, and, the balance is. held bythe monetary system. The first financial institutions and the Public

, beneficiaries of the Russian Revolu- ,Works Loan" Commissioners' , {a'. tion were the American financiers, department of the "Treasury);" ,

CARDIFF DEBT-A WHIG CONFERENCE

SOCIAL CREDIT ANDJEWRY

COUNCILLORS' BUSINESS

RATES CAMPAIGN

Page 3: FOR POLITICAL AND ECONOMIC REALISM

THE ,SOCIAL CREDITER Page 3

COMMENTARYA wistful laddie, The Times

leader-writer!

* * * *"Farming will always be subject

to the vagaries of the weather; NoGovernment can perfect Nature'sdispensations. "

* * * *Laddie, dinna sigh aboot it! Just

think how easily any. Governmentcould correct the Bank of England'sdispensations! \,

* * * *Why this is not done issubject of a new theory.

* * **Robins!

* * * *Aye, it's all because the robin

is a bird. And birds on coins areunlucky. And the new threepennybits have robins on them ..

* * * *A' lady correspondent of 1"heTimes has just noticed it and saysthat's why we've had all thesecrises this year.

* * * *. Will The Times which wasslow to publish cross-word puzzlessoon have its Astrologer's column?

* * * *I am told that the public is

learning, slowly but surely, to takeits political opinions not from theleading articles (however wistful)but from the stars. .Thus is dem-onstrated the popular preferencefor clarity.

* * * *All the leader-writer can do isto nod respectfully to such asser-tions as that the power of the publicto "put cash into farmers' pockets"is limited.

* * * *While the occultist can at leastsuggest that this limitation ,isconfined to those (temporarily)unfortunate individuals born inClover (or wherever it is) whonevertheless will have somethingcoming even to them on Friday orthereabouts.

* * * *Increased licence to astrologersmay well be the bankers' quid pro

the

quo for the popular (?) victory 111

regard to football pools.

* * * *In any case, the lady was

wrong; the little bird on the three-penny bit is not a robin, but a wren,and if only she would listen to it,I am sure it would whisper to hersomething consolatory - it mighteven whisper something aboutSocial Credit and its potencyagainst witch-craft of all kinds!

* * * *Then she could write to The

Times something they would justlove to print!

* * * *£1,819,900 to Swan Hunter and

Wigham Richardson will go towages, salaries, dividends andoverhead charges and back to thebank; £1,500,000 to wages, salaries,dividends and overhead chargesthrough locomotive manufacturersand van manufacturers and back tothe bank: total £3,319,000. Elevenpassenger and cargo steamers, 41locomotives and 200 goods vans willleave our shores and go to Turkey,The work done 'is additional to thework done by butchers, bakers,soldiers, sailors, rich men, poor men,begger-men and thieves in makingthings for the wages and salaries tobuy .. " And all because of a bankcredit to "Turkey" costlessly pro-duced in the City of London. Inview of the British RailwayCompanies' whine, why not keep the41 locomotives and 200 goods vanshere?

* * * *For 13 years the Rosyth dock-

yard has been on a "care andmaintenance" basis.

* * * *While the population has beenon a hard. work and unemploymentbasis.

* * * *The "Strike Fiasco" posters

seem rather to overdo this piece ofpropaganda. The French partyleaders are obviously busy under-'mining the last remnant of authorityin France.' It will be easier forthem' to suppress orderly action fora popular objective when they have

finished.

* * * *Once there was a professor of

moral philosophy who told his classthat some people thought the brainsecreted thought as the stomachsecretes bile. (Fortunately itdoesn't !)

Now the Bishop of Exetercomes along with a new functionfor schools.

* * ,* *He has been telling the boys of

King Edward VI School, Totnes,(and their parents) that "the instinctfor truth is the highest prize theschool has to offer."

* * * *When .schools have the power

to implant instincts as well as topervert them, the end of man(though unknown) will be verynear.

* * * *Forgive me for ending on a less

serious note :- The Yorkshire Post inan important leading article on"Democracy and Leadership" (notthe Leadership, of course) says:-

(1) Direct instructions or pro-hibitions to newspapers by Govern-ments are unusual.

, (2) An effective censorship of asubtler order is through socialcontact with the owners of "chain"newspapers.

(3) Scattered newspapers arethus drilled to convey a misleadingimpression of public opinion ..

(4) Party discipline may add its,influence to this machinery for the"regulation" of opinion. '

(5) We are living in times whencritical, decisions affecting thewhole future of the British Empiremay be protected from criticism inthis way.

From which it may be inferredthat The Yorkshire Post is not a"chain" newspaper, or in favour ofthe critical decisions about to be.taken; or sure that its counsels willprevail.

* *' * *It may also be inferred that

publications of all kinds are of dim-inishing importance-even those aspopular as THE SOC I A L .CR~ITER.

* * * *The 'projected resurrection of

Liberalism seems to be "off."

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Page 4 THE SOCIAL CREDITER:

Mrs. Palmer's Page

ORGANISED COMMON SENSE II.Here is another letter."I agree with what you have

written to those who say 'I May BeWrong,' but what about the verymany people who get wildlyenthusiastic about things that theyknow hardly anything' about, theirchief attraction to these peoplebeing that they are new, or some-one has swayed their emotions by amoving speech? There are somany people like that. They makeme more furious than the other kind.It was myoId governess who irstformulated the idea of 'I May BeWrong,' to me.

She said: "Don't go aboutramming your opinions down everyone's throat. Listen to what othershave to say and you will find thatperhaps you may be wrong. Ofcourse it is quite different if youreally know what you are talkingabout, but not many people do.'''

The governess's advice wasquite sound, as far as it went. Thetrouble was that it left my friendhigh and dry on a little island in asea of difficulties which appalledher; So she fin-allydecided to ignorethose difficulties and contentherself with all the rich happinessof her personal life, which happensto be a peculiarly fortunate one. Iknow her very well, so I know shewill forgive me for writing this.

Why didn't the governess go onto explain that it was necessary todifferentiate between ideas, opinions,facts and convictions before anydecisions 'could be made? I thinkit was because she had made aspecial. study' of history from anacademic point of view. This hadleft her convinced that there weretwo -sides to. every' question; andthat in most cases it was necessaryto hold what she called a completelyimpartial, point of view.,

She discouraged all signs ofpartisanship, among her pupils.Pursued in this way, history becamethe study of a mere string of events,chained together by some sort ofcausal sequence, but otherwisemeaningless.

She had missed the basic fa.ct

that lies at the beginning of allhistory, that was made manifest.with the first glimmer of humanconsciousness. I wrote of it lastweek. The fact is that men cando nothing without formingassociations with others.

If the results of theseassociations are- good, . and aredesired, they can be dignified withthe name of "social credit." Butremember even this is only a namethat we use merely for the con-venience of referring to this fact ina couple of words.

The study of history is thestudy of the use that men have madeof their associations, We see theresults before our eyes to-day.Whether we wish it or not, we arecompelled to give our verdict as tothese results. Are they good orbad? Every significant actionmust be thrown into the scale onone side or the other, so that everyman and woman contributes in partto the result.

The trouble is that because wewill not use our minds to formjudgments, many of us do notrealise to which side of the scalewe are giving weight.

I said last 'week that the mindsof many people were full of ideas,facts and opinions in hopelessconfusion. These are the peopledescribed by my friend in her letter.How well we all know the type. Agood deal of emotion is thrown intothe maelstrom; most of us haveexperienced the weary hopelessnessthat is the result of a few minutesconversation with such muddle-heads.

I feel quite justified in speakingstrongly because so many of us areguilty, in greater or less degree, ofthis fault. And the results of ourwork for the movement will varyfrom good to bad 'insofar as we cansucceed in building up our own ideasand opinions. .

I suppose there must be atleast a dozen definitions of these'terms, and so my explanation maybe condemned by some as beingarbitrary. But the attempt must

be made.In every day life an idea can be

taken to be a notion, conceived bythe mind, a way of thinking, a vagu-ebelief or fancy. All these aredictionary terms. Most of us havethousands of ideas; what we haveto remember is that as a generalrule they are of no interest or useto other people. They may bevery nice as little toys to whileaway an idle hour, but they shouldbe kept out of all conversationdirected towards the study of socialcredit. Some of us, for instance,may have very definite ideas as tothe sort of lives other people oughtto lead; what they should eat, drinkand wear, and how they shouldspend their time. These notionsmay be valuable for ourselves, butthey must not be treated asuniversal facts; so they should bekept in the background.

It is, in fact, a definite respon-sibility laid on each of us. todistinguish between ideas and facts.There is one thing which you willdiscover when you have been atthis fascinating study for a littlewhile. Ideas are many, but factsare comparatively few. Andsocial credit is founded on facts noton ideas.

We can picture now the typeof person who so annoys mycorrespondent; it is the man orwoman who treats ideas as thoughthey were facts.

An opinion is a judgment orbelief based on facts. When wearc quite sure that we have isolatedthe facts our next duty is to forma judgment concerning them, as Itried to explain last week. Thereis only one way to do this, the wayof the scientific laboratory. Wemay make mistakes unless we arecareful to keep all personal con-siderations, emotions and prejudicesaway.

And now we have our opinions-what next?

Major Douglas wrote in 1934:-"The point to be noted is that

(continued at the foot of the next page)

Page 5: FOR POLITICAL AND ECONOMIC REALISM

-'THE, SOCIAL CREDITER Page 5

A -LOND'ON LETTER from Miles Hyatt

debt" does not really worry him."If it is, one day, possible to publish'the total," he asserts, "the worldwill be astonished to see how much.work-creation and re-armamentcould be carried through with sucha comparatively small expansion ofcredit." Dr. Schacht is asremorseful over his own unortho-:doxy as a puritanical elder mightbe over youthful wild oats.

It is rumoured that he is soonto come on a pilgrimage to Londonto expiate his sins.

In our own economy, Sir JohnSimon "makes the news" with aforecast of further credit expansion,for re-armament. That he calls it"further borrowing" for "defence"is, perhaps, something to do withhis own temperament or outlook, orto the fact that in Britain, credit-creation is not a costless process-not by no means, as they say inMayfair. True, the banker producesthe credit for practically nothing,but it costs us an annual tribute tohim of many millions.

Now, in view of all these "givesaway," one may well ask what is inthe wind? Perhaps we are goingto be stampeded into clamouring fora controlled economy and thecreation of unlimited credits forwork-creation. It has always beena dream of bankers, if people couldonly be trusted not to treat it as ajoke for the silly-season, or to takeit a little further, towards leisure-creation.

To the student of the lunaticvagaries of' what is still sometimescalled "sound" finance, copies of theDaily Telegraph of November 29 and30 con rain much that is of interest.

Twoletters about migration arealone worth the twopence. Mr.Kimble, lecturer in Geography atthe University of Reading, leads offby pointing out that between 1922and 1930, over £9 millions was spentto settle 1,700 families in WesternAustralia=-vin an area" as he says,"which compares very favourablyin physical and economic endowmentwith any of the open spaces namedby your correspondent." £5,000 afamily! But "so unremunerativedid farming prove" (in spite of thephysical advantages) that within 4years 33 per cent. of the settlershad abandoned it. "All the re-sources of an enlightened Govern-ment were at their disposal," yetthey failed miserably; and, thewriter add that "the key difficulty"was finance.

Sir Hal Colebatch, Agent-General for Western Australia,takes up the gage the next morningby excusing this failure on thegrounds that the scheme wasnecessarily hurried in its. prepara-tion, and was carried out at a time'when "everything, including money,was at top price." Mr. Kimble hadomitted to mention, too, that thesettlers who remained had their"indebtedness to the State verymaterially reduced,'" so that theabnormal cost referred to should not

fall on them. Sir Hal refrains fromsaying on whom it did fall.

In .the same issue, on theopposite side of the page, Mr. DanielWolf, founder of the InternationalJewish Colonisation Society, tellsit reporter that, to settle a millionJewish families, £400 million will beneeded. "If we can raise £100million," he says, "we may be ableto "finance" the other £300 million."He is reported just like that, withthe inverted commas round theword "finance." What did he mean?Or is it a misprint for "finesse?"

Because this is obviously whatDr. Schacht has been doing inGermany. Under the heading "NaziFinance .Explained," on page 16 ofthis candid issue, .he is reported asfollows: "There was not enoughcapital to finance this programme,so money had to be created."After making the statement thatin an uncontrolled economy, the'creation of new money for produc-tion would have led to price andwage increases (and . .withoutmentioning the alternative offinancing consumption) he statesthat "he had realised" from the

. beginning that this method couldonly be a temporary expedient aridthat re-armament must eventuallybe financed with taxation revenueand loans." He does not explainwhy, nor how it is that the "tem-porary expedient" showed no signsof breaking down until Schachtre-introduced the loan-system lastMarch. It is clear that the "secret

But as soon as your opinions areformed, then is the time to releasethe emotions, love and pity for yourfellows, will-power to do what youcan to help them. Then you haveyour convictions, the force thatbuilt Gothic cathedrals. The poweris released, and the machinery is setin motion.

So keep your ideas to yourself,or play parlour games with them,provided that those you play with-never forget they are only ideas.Drive home facts as effectively asyou can-the Rates Campaign willteach you how to do this. But don'tmake the mistake of thinking you

can form other peoples opinions forthem. Give them the facts andencourage them to form their ownopinions. Then you can work upthe steam for all you are worth.

But don't dare to play parlourgames with facts and opinions. 'Ifyou do you become a mere mouth-piece, talking, talking, all the time,and achieving nothing.

The governess was right whenshy said that many people didn'tknow what they were talking about.Rut we in this movement havesimply GOT to know. That is ourresponsibility .

(continued from previous page)action does not necessarily' proceedfrom opinion ....

. "It may be remembered thatHeine was asked how it was thatthe nineteenth' century was' unableto produce Gothic Cathedrals, and tohave replied that the nineteenthcentury was an age of opinions, andit took more than opinions, toproduce Gothic cathedrals-it tookconvictions."

There is no place for emotionin honest and clear thinking. Itmust be kept in the back-groundwhile you are dealing with your.facts and forming your opinions. B. M. PALMER.

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Page 6 ,THE SOCIAL -CREDITER

THE SOCIAL CREDITER_The Social Credit Secretariat is a non-party, non-classorganisation and it is neither connected with ~or does itsupport any particular political party, Social Credit or

otherwise.SUBSCRIPTION RATES:

Home and abroad, post free: o'ne year 155.; Six months 75. 6d.;Three months 35. 9d.

Vol. 1. No•.13. Saturday, December Hlth, 1938.

HAMLET~-The Model

Hamlet at the Old Vic: producedby Tyrone Guthrie, with:-

Alec Guinness as Hamlet.O. B. Clarence as Polonius,Hermione Hannen . as Ophelia.Andrew Cruickshank .. as King.

The least impressive of the castwere Horatio and Laertes. Poloniuswas sufficiently remarkable; hisplays on words were in inimitablestyle, in parenthesis and with asmirk, half apologetic; as if admit-ting them to be an old man's love ofwords, and -yet revealing the pridehe has in his own fertile fancy."You're noble son is mad: .. (ThatHe is mad, 'tis true; 'tis true, 'tispity; and pity 'tis 'tis' true.)'"

He brought us mirth, andOphelia grief; . audible from some

, part of the house, not so commonin these sophisticated days.

, The rendering of Hamlet wasunusually vivid, sound and true,every word clearly enunciated; thepoetry was spoken as poetry whichwas part of the man; and withcomplete absence of affectation. Noroom for surmise as to Shake-speare's, intention remained; it wasthus and thus-convincing.

,_ The stage management was in: accord. -- -For -the most part _.the,cast were relatively immobile, whileat certain definite crises the rapidmovement of the players-c-as in a"general post"-combined 'with amanipulation of light and sound,produced that heightened tensity offeeling appropriate to the interpre-tation of tragedy. The exit of theKing-"Give me some light ...Away!"-in its arrangement ex-pressed most adequately confusion,dismay rising to horror and panic;and yet it was not overdone. The

'Intellectual'"modern dress" did not detract, butpossibly illuminated the' text. Anotable performance.

The impressive staging empha-sized the uncanny accuracy of this

- portrait of a man we - know wellto-day-a man astray in a wildernessabundant with sterile ideas=-sterile,because he is unable to choose orrefuse ... Hamlet is the apotheosisof the "intellectual."

In extremity of desperation, hethinks to end it all in suicide; thisforms a considerable facet- of theplay.

"0, that this too, too solid fleshwould melt,

Thaw and resolve itself into, a dew!

Or that the Everlasting had notfix'd

His canon 'gainst self-slaughter!"-and again"

, "For who would bear"(innumerable miseries)

"But that the dread of somethingafter death

... puzzles the will,And, makes us rather bear those

ills We haveThan flv to others that we know

. not of."Hamlet deceives himself.What is it, which restrains

desperate humanity from takingthat easy way out? Exceptions mayexist but it is hard to think thatthe fear of what may happen afterdeath is that' which keeps thosewhose drab lives seem without hopeor flavour, still struggling in this"sea of troubles." No. Life doesnot hinge on fear of anything at all,but on something positive, deep;near to the roots. The will to live?Hope? Faith? But those are

merely words and the kernel liesdeeper, in life itself.

One could wish that Hamlet hadmeditated this mystery rather thandefective translations of the legalenactments of divinity, and thecelestial town-planning projects ofdivines.

'It is notable that, though here,speaking of death, he misses someessential principle of life-when'speaking"of life he' goes as near thecore of death as may be possible.

"Now, whether it beBeastial oblivion, or some craven

scrupleOf thinking too.precisely on the

event,-A thought which, quarter'd, hath

but one part wisdomAnd ever three parts coward,

I do not knowWhy I yet live to say 'this

thing's to do,'Sith I have cause, and will" and

strength, and' means,To rlo't."

Such irresolution is anti-life,you will not get much nearer to themeaning of death than that. And

< .if lif~-"c.a..n~,be .measured, the .yard-stick lies 'somewhere' thereabout;in the proportion-as we havecause and will-that we findstrength and means to do it.

H. E.

GERMAN ARMAMENTFINANCE

"But the Reichsbank, sure ofthe support of the whole apparatus,of government, took the. risk in-volved ,in an expansion of creditrunning to milliards of marks.

"There was not enough capitalto finance this programme, andmoney had" therefore, to be created.

"With the aid of this creditpolicy, Germany has provided herselfwith armaments inferior to those ofno other State. These armamentsin turn have made possible thesuccess of our policy."

Extracts from a report in theDaily Telegraph and Morning Post, ofa speech by Dr. Schacht to theEconomic Council of the GermanAcademy, in the issue of November30th.

\

Page 7: FOR POLITICAL AND ECONOMIC REALISM

THE SOCIAL CR'EDITER Page 7

A WHIG CONFERENCEI have just been reading a letter

-two letters-from the Antipodes.One, written by the State

President of the Douglas SocialCredit Association of New SouthWales, Mr. Macara, is not addressedto us. It says:-

.' "We have seen in Australia'-many\ 'little Douglases'; we have hadexperience of, those WI;lO protesttheir loyalty in words to C. H.Douglas and who try to shelterunder his,name, and who give every-thing but action along the lines he.,suggests. But when these 'littleDouglases' have cut themselves offfrom the only Douglas, we haveseen them peter out like streamsflowing into a desert." I havebeen privileged to read a large pileof letters which, like this one, carryreassurance to Douglas and expressanger that he should be assailed onhis own heath.

The other letter; with manystout and heartening messages,comes from New Zealand.

The writer has read an articlein THE SOCIAL CREDlTER. Hewrites the sort of letter the sort ofman who gets jilted writes to thesort of woman who jilts him.

He can scarcely believe it, ofcourse; yet somehow or other hehas been waiting for us to showourselves in our true colours (inother words he can believe it: thefact that his lady had any truecolours is almost due' to his discern-ment.) But they are not the righttrue colours for him.' He knowsthe right true colours when he seesthem, and with redoubled haste andardour is off to find them. Butwhere? The thought gives a sharp-ness to his complaint. After all thebaggage has done something she'ought not to have done,-and tohim, above all men, discerning as hewas. This, of course, is purewickedness, and so he splutters off=-but, again, where? So he paintsa picture of the right true coloursin pigments of abstract perfection.How like Plato! He has no pro-posals for making the best of thingsas they are, so he turns away fromthis world as it is to look upon theunchanging eternal world of ideas.His "pattern laid up in heaven" is

Pure Social Credit.Pure Social Credit is an ideal

state from whic'h our correspondentmay look back at us, and to which(he hopes) we shan perforce lookup to him. It's all very human, and,according to the tenderness of yourmind, painful. Bow did it all begin?Quite possibly in an infatuation, andinfatuation is a state of beingdeprived of judgement, of beingmade foolish (by somebody else, ofcourse). Deprived of his judgmentour accuser saw in us nothing butthe sublimest essence of all that hedesired (which - was Pure SocialCredit). In an unguarded momentwe uncovered Neville Chamberlain,which was not even NevilleChamberlain, either, really; butPure Fascism. Possibly by thistime he is penning remorsefullyrics of penitence. We may befor all we know, because the wideocean divides and time doth part,already the unconscious recipientsof loving, duty (combined-with

.judicious dignity-with self-denyingconfessions). But this 'sort ofthing is not good enough.

The future does not dependupon our correspondent's moralqualities, or his devotion in partic-ular, or the place we occupy in whathe may call his 'scale of values'. IfJustice (the Jade) does display.scales without weights, and Love(the Jilt) perhaps weights withoutscales, the future for societydepends upon scales and weightsbeing utilised in effective associa-tion. And what is effectiveassociation?

The chief thing about it is thatit shall be effective. Granted thatthe resources of human ingenuity,governmental or popular, suffice forthe misapplication of nearly all thelabels to nearly all the bottles, whatis there, short of translation toheaven (Plato's heaven where allperfect things reside in their Pure

.state, and Pure Social Credit with,them) what is there to guide theearthly human Social Crediter?

" .... the primary requisite isto obtain in the re-adjustment ofthe economic and political structuresuch control of initiative that by itsexercise every individual can availhimself of the benefits of science

and mechanism; that by their aidhe is placed in such a position of 'advantage, that in common with hisfellows he can choose with increas-ing freedom and complete independ-ence, whether he will or will notassist in any project which may beplaced before him."

To bring this down (or up) tothe field of practical application isstill the urgent need of themoment. The people of this gen-eration are far more profoundly'interested in whether our NewZealand correspondent will help tobring a little Social Credit down toearth than whether or not hesucceeds in finding Pure SocialCredit in heaven. But Earth is,so far as the control of initiative isconcerned, far fuller of Chamber-lains than of .Douglases, and thepractical problem is the problem oftransferring initiative, if notliterally from one to the other,certainly from the Chamberlains toa much larger number whoseinterests are our own.

If, by accident or design, oneof the Chamberlains shows himselfin opposition to forces still moreinimical than himself, the firstbusiness of social crediters is toascertain with as much speed andcertainty as possible, whether thisis so, whether there is a cleavage, aseparation of faces, and to widen itand prevent any closure of thebreach, if they can.

One of the 'leaders' (whetherto be described as comic or serio-comic may be left to individualtaste) was recently represented bya supporter as taking up thisposition. He took it up with greatliteralness on a line drawn fromGloucester to Hull. As the crowflies this line is about 160miles long,and thus we are not given the'leader's' position with so muchprecision as appears at first sight.He was, in any case, to take hisstand on this line. And WHENLondon and the South of" Englandwere stricken by the enemy'sbombs, their populations reduced toterror, panic and discontent, arabble moving northwards to find"food, shelter and clothing" (insecurity), THEN the 'leader' was tohold up his hand, firmly enjoin a

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Page 8 THE SOCIAL CREDITER

respectful and attentive silence, inthe hush of which he would telleverybody about the opening of,a national credit account, the JustPrice and the National Dividend.

This may be Pu~e' Social Credit.I ani more certain that it might be'something which might happen in

, ..'heaven, and, if it did, I am 'evenmore sure that it would be from anequally distantpoint of vantage the'leader' would witness it.

Between this'· outlook onpolitics and the outlook withadequate intellectual training behindit (as well as adequate natural-endowrnent) lies somewhere thefield which comprises Mr. Eden'svoyage across jhe Atlantic.

The Yorkshire Post (whichshould be well acquainted with Mr.Eden's .journeys and the reasonsfor them-we shall see in time),refers to the envoy's movements ina small paragraph from Reuter's

News Agency. The Times, asthough affected by' the rift whichnow extends through the popularpress, through the Joint StockBanks to whose policies the news-

'papers bear witness right into theBank of England, has, by corn-parison quite a lot to say. Mr.Sumner We1les,the Under-Secretaryof State, it appears, has told thePress •at Washington, that Mr.Eden will go to Washington onDecember 13th, but is not expectedto stay longer than 24 hours. Hisday will "undoubtedly include aninterview with President Roosevelt,

. and also luncheon at the NationalPress ,Club, of whose invitation Mr.Eden" has telegraphed his accept:'ance. He was to have spoken toa dinner of the National Associationof Manufacturers in New York onthe 9th, when 5,000 guests wereexpected, the subject being "Democ-racy and the Modern World." Onthe 12th, he is to be the guest of

honour at a dinner of the Economic 'Club of New York, where M. VanZeeland will be the chief speaker,and "The European Situation" willbe the topic. Mr. Winthrop W.'Aldrich, chairman of the ChaseNational Rank, and Mr. Owen D.Young will, speak as well as M. "VanZeeland.

A "Whig Conference!This is not a field to enter but

with "long and anxious preparation"as Mill called the necessary pre-paration of politicians. Highpolitics are not merely the subjectmatter of experts; they are. thelives of the people, and the peoplecannot assume initiative in regardto their lives without exercisinginitiative which limits the initiativeof those in control. ALL assump-tion of initiative BY thepeople limitsthe exercise of initiative by those incontrol. Therein lies all the hopethere is for the people.

TUDOR JONES.

SUPPORTERS O,VERSEAS...New 'Provisions for Affiliation with th~ 'Social 'CteaiFSeeretaFiat.'

," 'Please make this is widely known as possible.

On January 1st all overseas affiliations lapse.-; Groups or individuals are invited to apply forre=affiliation now. _

.Application should be made in the- sense of theaffiliation-undertaking published in .TH.E SOCIALCREDITER, Volume 1; No.8, for November Sth, 1938,p. 11; that is, it should be based, upon the understand-lllg that the SERVICE is wanted as an assistanceto,ACTION.

Affiliation is continued at the discretion either ofof the group or individuals concerned, or, of theSecretariat, and is subject 'to renewal annually.

The Director of Overseas Relations desires to~ receive at least one report each quarter from affiliated

groups. "and individuals, and, except in certain cases,

the minimum financial commitment will be onesubscription to THE SOCIAL CREDtTER, by eitherthe Secretary or the Supervisor, on behalf of thosegroup members who are not individual subscribers.

The importance of this provision may be realisedfrom the fact that a recent visitor to New' Zealandand Australia found many groups supposedly affiliatedto the Secretariat whose members had never seen aSecretariat publication.

While Assistant Directors deal with : detailedpoints of enquiry and service,. a general letter to alloverseas groups is to be found in THE SOCIALCREDITER, which is the means by which MajorDouglas keeps those who seek his advice fullyinformed and instructed.

MILES HYATT,Director of' Overseas Relations.

The' T uke CircularsA ..correspondent informs us

.that her copy of the circulars issuedby .Mr. J. E. Tuke included theletter from Major Douglas to Mr.A. L. Gibson that was printed inTHE SOCIAL CREDITER lastweek.

Australia's Social Credit Weekly24' Pages. Illustrated. 12 months, Ih.

The New Era. Radio Houa.,296 Pitt Street, Sydney, Au.tralia.

For THE TRUTH IN ALBERTARead "Today and Tomorrow"

Send your sub. to TODAY AND TOIYlORROW1016-118th Street, Edmonton, Alberta

Subscriptions $1.50 a year(at the present rate of exchange about 68.)

You can' 'Subscribe by International MoneyOrder, obtainable at any Post Office.

Page 9: FOR POLITICAL AND ECONOMIC REALISM

THE ,~SaelJ\LCREDITER' ' Page.9

SOCIAL CREDIT AND JEWRYThe following letter from

Mynheer Ernst Loeb of Der Nieuw-'Economische Groepe in Holland wasrecently published in the NewEnglish Weekly:-Sir,. The Jews, I imagine, bothwithin and without those countriesin which anti-semitism is "official,"feel themselves wronged. But thatby itself is scarcely a constructiveview to take of the problem.

I do not know whether the JewCommunities have tried to appreci-ate the mentality of those whowould make pariahs of them, but Ido think that it is vitally important"for ALL Jews to reflect upon theFinancial-Economic, .problem, andthus ·upon· the Social problem withwhich the world is at grips.

That world now finds itself onthe rocks. It is in great trouble.And at such times it has b,een theinvariable' practice throughout thecenturies for a' scapegoat to besought and sent out into the wilder-ness. The Jews must clear out.It is their fault they are responsible,or rather their traditional mentality. _

If I may be allowed to speakfrom my own experience., there isone feature which has struck mefor some years past. That trad-itional mentality, wherever present,does not prevent' many '.T ews from

NOTICES'APPOINTMENTS

Editor: Miss E. Edwards.Assistant Editor, and LondonAgen,t' of THE SOCIAL CRED-ITER: .l\1iles Hyatt.

Readers of THE SOCIAL,CREDITER who are interested ina special aspect of current problems-industry" agriculture, a particulartrade, profession or country, etc.,and who would be willing to submitcontributions to the paper, areasked to write to Miles Hyatt,4, Mecklenburgh Street, London,W.C!. (Terminus 5318) who wishesto find contributors' prepared to dealwith a particular subject whencalled-upon by the Editor to do so.

,

joining "extremist" political move-ments, but does prevent them fromjoining up with those who attemptto secure social conditions whichwould automatically remove thepossibility of guilt, and thereby theaccusation against the Jews.

The N.E'.G. (New EconomicGroup) which I called into beingsome five years ago; counts amongits members only one Jew, and onlya very' few are subscribers to itsperiodical, "Volkswelvaart." Thatphenomenon is not local. The"movement" of which the N.E.G., isthe national and independent linkcovers 32 .countries, in all parts ofthe world, and everywhere it is afact that the Jews, and alone theJews, stand aloof.

Do they ,~ish to assert therebythat THEY do not desire betterconditions? Do they wish to implythat THEY are quite satisfied thata money monopoly should exist? Dothey wish to admit by their silencethat that Money Power does, as itis asserted, in fact rule the world,and that in consequence it is truethat a Jewish minority doti1ihatesthe whole. civilised: world?

These questions intrigue me,and I should like to know theiranswers.

Be this as it may, I consider, inthe interest of Jewry itself, that themoment has come to call a spade aspade. If the Jews continue tostand aloof, I shall know, and therest of the world will know, thatJewry, having eyes, sees not, andhaving ears hears not, that theywish their own destruction, anddeserve it.

I do not wish to assert that I,or the N.E.G., offer "the" remedyfor all the ills of this world, but Imost emphatically declare that wedo offer the means of provmv thatneither Race, Religion, nor individ-uals, but solely a sanctified system,impersonal like all systems, isresponsible for . . . the persecutionof the Jews.

Thereto I wish to testify, and Icall upon you, Jewish Dutchmen,and Dutch Jews, I ask that you nolonger keep silence and prepareyour own graves. It is up' to you

to prove that your high ideals andyour traditions impose upon you aduty to assist in the establishmentof those social conditions whichmust be sought and secured, andwhich I cannot more adequately

,describe than as 'being in conformitywith the Christian principles of theC01.1l1tryin which you have thepri vilege to reside.

ERNST LOEB.Heemstede,October 15th, 1938.

Maj~r Douglas's Reply.With reference to this letter

Major Douglas has written:-Dear Mr. Loeb,

I concur with and congratulateyou in regard to the letter publishedin the New English Weekly, and ifyou like I will have this letterpublished in THE SOCIAL CRED-ITER.

While I have no doubt that ifyour challenge were accepted andany considerable number of individ-ual Jews were to join the SocialCredit movement they would rapidlymake their weight felt, I do not :myself believe that this will solvethe problem, which I know isagitating you and which I considermyself to be of first importance.

In my opinion, from which, of-course, you may differ, a great dealof the trouble anises from the dualna tionality of the Jew, and thestrong suspicion, which again. maynot be justified, that Jewry usesother nations against their owninterests when it acts as Jewry,although .T ews may, and unquestion-ably do, act in the interests of othernations when those interests do notconflict with the interests of Jewry.

For ,this reason, I think thatyour, most effective action, and onewhich I myself would stronglyendorse, would be to form a purelyT ewish Social Credit Movement.\rour acute mind' will follow thereasoning on ·which this suggestionis based, without it being necessaryfor me to elaborate it. '

'Whatever action you may takeyou have my assurance, if youdesire it, of my warm personalconsideration.

Yours very truly,(signed) C H. DOUGLAS.

November 30, 1938.

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Page 10' THE, SOCIAL CREDITER··

SPACE RESERVEDBY:

THEADVISORY

UNITED RATEPAYERS'ASSOCIATION

SECRETARY:JOHN MITCHELL.

THE C,OUNCILLORS' B,US,INESSDuring the past six months

many scores of public meetingshave been held throughout GreatBritain, the rnain purpose of whichhave been to put FACTS beforeratepayers, upon which they maysensibly demand a drastic reductionin rates and assessments withoutdecrease in social services.

At each of these meetingsresolutions have been put toascertain the mind of the ratepayersupon this subject. They haveshown that there is overwhelmingsupport for the demand. The dis-sentients to the resolutions wouldnot represent as much as one percent of all those who attended themeetings ..

In the face of this it wouldappear strange indeed if the publicrepresentatives of these self-same

ratepayers, having had the sameFACTS placed before them, did notlikewise publicly resolve theiragreemerit with the ratepayers.When in addition to this they arepresented with a signed. demandfrom a majority of householders(the method of canvassing mayhave elicited only one signaturefrom each house), the motives of acouncillor would certainly be widelyquestioned with (sooner or later)most damaging results to him if herashly placed himself in oppositionto this demand.

Hence, we arrive at the con-clusion that those councils, whoseindividual members are now beingpresented with the ratepayers'demand and the FACTS upon whichit is based, will find it their im-mediate duty to take two prelim-inary steps in connection with that

demand which are incontestablywithin their powers, and which willform the basis for further action.These steps are:-

(1) The production of properaccounts set out in such a way thatthe ratepayer can get a CLEAR ideain regard to what his money is beingspent on, -to whom it is being paidand what he is getting for it.

(2) Make a public statementacknowledging the ratepayers'demand, the FACTS upon which itis based, and their agreement withits fairness together with a resolu-tion that the Council should im-mediately take such action as willhasten its implementation.

It is each councillor's respon-sibility to see that his Council takesthese actions forthwith.

J. M.

GOVERNMENT REPLIESTO LORD TANKE~VILLE

The following is the officialreply to Lord Tankerville's questionin the House of Lords on the subjectof Billeting.

(Published in THE SOCIALCREDITER, November 26th; 1938).

During the recent crisis' certainpreparations were made which in->volved the billeting and boardingout of civilian refugees, and beforeimplementing those preparationsHis Majesty's 'Government wouldhave taken the necessary constit-utional measures.

His Majesty's Government are'aware that various criticisms havebeen expressed of the arrangementswhich were made at the time of thecrisis. Many of those criticismswere based on misapprehensions ofwhat was intended, though othersno doubt have been directed to realpoints of weakness, some of whichcould hardly have been avoided atthe time in view of the speed with

which the arrangements had to beimprovised.

These arrangements had to bemade as a matter of emergency in 'order to secure some means ofsafety for the population of greatand congested cities, and HisMajesty's Government believe thatthe policy of taking all possiblesteps to minimise the risks of lossof life in these crowded areas isone which would command generalsupport.

The arrangements which canbest be made to meet any futureemergency are now the subject ofthe most careful consideration, andin the plans now being prepared) itis the Government's intention thatall possible consideration shall begiven to individual circumstances inorder that the plans proposed shallrest upon the goodwill of the public.

The problem is one of great'magnitude: in order -to meet it, itwill be necessary' to explorethoroughly the practicability of thevarious methods of providingsupplementary accommodation.

\

New LeafletA Leaflet entitled-i'Bankers

Admit They Create Credit,"records the fact that, in theface of widespread presenta-tion of facts in regard to, thecreation of credit by banks,those people who receivedthese assertions with incred-ulity and denied their truth,have had to "eat their ownwords." It is a moral victoryfor all Lower Rates Associ-ations,' and will not be lost onthose hundreds of thousands ofratepayers who are joining inthe lower rates campaign. ,Price 2/6 per 100; 11/- for 506;

£1 ~r 1,000.

Quota Discount 50 per cent.'

From U.R.A.A., Sentinel Hoan,'Southampton Row, London, W.C.t.,

'Phone Chancery 7248.

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THE SOCIAL CREDITERI

Page 11.

FIXING RESPONSIBILITYThe Bradford Lower Rates'

Demand Association have begunpresenting to their councillors theDemand of the ratepayer? for lowerrates _and assessments with no-decrease in social services,

In many wards they have a bigmajority of householders in signedsupport of this demand, although insome. cases, due to a misunderstand-ing, only one ratepayer' signed ineach house' and there is not quitea majority of. all the ratepayers.

The following is the wording ofa letter sent by- the CampaignManager, Mr. Gordon Baxter, to allcouncillors and aldermen:-Dear Councillor,

Lower Rates DemandIt appears that there is con-

fusion in the minds of _ somecouncillors with regard to thisdemand, and a number have theimpression that we have some"theory" to put forward in connec-tion with a reduction in rates.Nothing could be further from thetruth.

This Association is basing itsactivities on the' following FACTS-"

(1) That 90 per cent. of theCity's rates are absorbed in paying

Loan Charges. (See City Abstractof Accounts, March, 1938).

(2) That the bulk of these LoanCharges are paid to banks. (Mem-bers of our association have seenthe City Treasurer about this andhad it confirmed).

(3) That the loans supplied bythe bank? are not depositor's money,but are created by book-keepingcredits at practically no cost to thebanks. (This fact has been -ad-rnitted by well-known bankers, andhas again been confirmed recentlyby the editor of "Branch Banking.")

(4) That there is a great weightof public opinion _in favour ofLower Rates and Assessments withno decrease in the Social Services,as ratepayers realise that the loancharges are an intolerable burden.(During the past few months, thisassociation has been marshaIIingpublic opinion on this question, andcan show that the great majority ofthe ratepayers are in favour of thisdemand). '

(5) That unless the loan chargequestion is solved and a reductionin these charges effected, the ratesar-e bound to increase., (The City,in order. to carryon must have morecredits and by the present system

of borrowing, the loan charges 'mustincrease, i.e., the rates' mustincrease. )

(6) The responsibility for anincrease or decrease in rates restswith the councillors. No rate in-crease can be passed without theirconsent. Unless councillors canshow their electors that they havedone all within their power tosecure lower rates, they will' have

, shirked that responsibili ty andshould resign.

Yours faithfully,Campaign Manager.

The following is a significantcommentby Mr. Baxter on an inter-view with a councillor r-s-

"I had a conversation with acouncillor the other morning. Hewas not at all sympathetic at firstuntil I began to "fix responsibil-itv." His reaction then was "Well,I -am prepared to do all I can toget the rates down."

M.P. IN FAVOURMr. Hepworth, M.P., Conserv-

ative member for Bradford, - hassigned the Ratepayers' Demand andsubscribed to the funds of theBradford L.R.D.A. .

.CREDIT IS CREDITIt has been part of the Bank

propaganda to make lay peoplebelieve that credit issued as a loanby banks has, a different economiceffect to credit issued free byGovernments. " Such a claim issheer nonsense but has been repeat-edly pressed. There ~re a numberof historic occasions such as theinflation deliberately caused byFrench Banks during the FrenchRevolution so as to discredit theGovernment-issued Assignats. Afterthe last War, the German Govern-ment, being in an impossible

,financial position, tried to coversome expenses out of the nationalcredit. This again was discreditedin _the eyes of the people' by the

, tremendous inflation brought abqutby-the Reichsbank and other GermanBanks for no other purpose than toprove 'Jo the people' the incompe-

tence _ of the then German the case of a loan there is 'a deflationGovernment. American history is and therefore a restriction offull of derogatory references to purchasing power on account ~)'fthe"green backs." :nonies collected on behalf of both

Th' . ff t th ti interest and repayment of debt.e economic e ect a e irneof issue of any large expansion _of _ ___ _ ____ _ _____ _ _ _:E!._ ~~ _~.~money mus-t; -of 'necessity, be t~e 't>-.-----.-------.---ofsame, whether that money IS I , Ichalked :lP as a ~ebt or is~u~d as I "'J'HE, FIG TREE' ;free credit. In eIt.her case It .IS, of ' NOTICE icourse a new creation of credit. To • . . •suggest that t~e ~ubsequent, repay- A claim has recently been put Iment or repudia.tion of. a deb~ can forward by the Social Credit I~ffect the result at. the. t~me of Issue I Secretariat, LIMITED to be, IIS, on the face of It, nd~culo~s, and l the oWJlersof this periodical. iyet so many people believe It. A I Major C. H. Douglas and Mr. iloan issued in per'l?etuity is eq~iv- Miles Hyatt, the Editor and ,talent to a free credit, At the time Associate-Editor of theof issue it canno~ ~e foreseen I periodical since its inception, Iwhethe: any loan WIll 111 the future l wish i.t to be known by sub- Ibe repaid or not. . I scribers and readers ~t I

Admittedly, the after-effects I t~ey have now no connectIon Iare very different. In the case of I WIth that Company. Ifree credit there is no aftermath. In ... ._. ~

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" '

Page 12 THE SOCIAL CREDITER

ANNOUNCEMENTS AND MEETINGS

Will advertisers please note thatthe latest 'time for accepting copyfor this column is 12 noon Mondayfor Saturday's issue.

BANGOR (County Down) D.S.C. Group.Meeting every Monday at 8 p.m., in theHeadquarters, 65b, Main Street, Bangor.Private sessions by arrangement. Visitthe reading room-keys -from caretaker.,All enquiries to Hon. Secretary.

BELFAST 'D.S.t. Group. Public meetingswill be held in the Social Credit Rooms.

, 72, Ann Street, Belfast. The meetingswill be 'addressed by a different speaker

. each evening. All welcome. AdmissionFree.

BIRMINGHAM and Di.trict. Social'Crediters will find friends over tea andlight refreshments at Prince's Cafe,Temple Street, on Friday evenings, from6 .p.rn., in the King's Room.,BLACKBURN Social Credit Study Groupmeets each Tuesday at 8 p.m., in theY.M.CA., Limbrick. All welcome. En-quiries to Hon. Sec., 47, Whalley NewRoad, Blackburn. '

BRADFORD United Demc!rata. All en-quiries welcome; also helpers wanted.Apply R. J. Northin, 7, Centre Street,Bradford.

DERBY &: DISTRICT S.C. A•• ociation.Meetings are held ·fortnightly-,(TuesEiays)at The "Unity Hall,'" Room 14, at 7-45p.m. Lower Rates Demand Associationworkers are invited to attend .at above-6-30 to 7-30 p.m., for latest instructions.Campaign Manager, D. & D. L.RD.Association.

LIVERPOOl:. Social Credit Association:A Public Meeting will be held in Reece'sCafe, Castle Street, om Friday, December16tla, at 8-0 p.m. Speaker.: R. Oakley.Subject: "The Importance of Knowing.",This will be the last meeting of this series.

LONDONERS! Please note that THESOCIAL CREDITER can be obtainedfrom Captain T. H. Story, Room 437,Sentinel ,House, Southampton Row,London, W.C.!.

NEWCASTLE D.S.C. Group. Literature,The Social Crediter, or any other inform-ation. required will be supplied by theHon. Secretary, Social Credit Group, 10,Warrington Road, Newcastle, 3.

PORTSMOl,JTH D.S.C. Group. Weeklymeetings every Thursday at 8 p.m, 16,Ursula Grove, Elm Grove, Southsea.

SOOTHAMPTON Group. Please notethat' the Headquarters have been removedto ,8, CR..<\NBURY PLACE,' 'SOUTH-AMPTON. Members please call to seethe : new and more advantageouslysituated premises.

TYNESIDE Social Credit Society inviteco-operation to establish a local centre forSocial Credit action in all its aspects.Apply W. L. Page, 74-6, High WestStreet, ,Gateshead.

WALLASEY Social Credit A•• ociation.Enquiries welcomed by' Hon. Sec., 2,Empress Road, Wallasey.

WOLVERHAMPTON D.S.C.' Group.Fortnightly meetings in the Ante-Room.Central Library.

Miscellaneous Neti~ •. -Rate Is. a line. Support our Advertisers.

_._. . .THE FIG TREE-Wlll any person who'has copies of back numbers of The FigTree with which they could dispense writeto the Secretary, Social Credit Secretariat,12~Lord Street; Liverpool, 2.

DERBY & DISTRICT Lower RatesDemand Association. Meetings are heldfortnightly (Tuesdays) in Room 14, UnityHall.

-----------------~-----------------------------~----------TO THE DIRECTOR OF REVENGE,THE SOCIAL C~EDIT SECRETARIAT,12, LORD STREET, LIVERPOOL, 2.

" I wish to support Social Credit Policy as defined in the termsof association of and .pursued by The Social Credit Secretariatunder the Chairmanship of Major C. H.. Douglas.

I will, until furthe~ notice, contributeriper week

£ : : , per monthper year

towards the funds of the Social Credit Secretariat.

Nome · ..Address ,.~ ;.., _ .

.~u •• , •• I " to an U , •••••• M U ~._ .

The NOaTH DURHAM Ratepayers'Ad'Visory Association would welcome-support, physical or financial fromsympathisers in Gateshead and Districtto carryon their campaign: for LowerRates and no Decrease in Social Services.Campaign Manager, N.D.R.A.A., 74-76-High West Street, Gateshead.

UNITED, RATEPAYERS' ADVISQRYASSOCIATION. District Agent for New-castle-on- Tyne area, W. A. Barratt; 10,Warrington Road, Fawdon, Newcastle-on-Tyne, ' 3" will be pleased to assist anyone-on new Lower Rates Associations.

UNITED Ratepayers' Advisory ,'A.I'OCia-tion. District Agent for S. Wales-andMonrnouthshire, Mr. P. Langmaid, 199,Heathwdod Road. Cardiff:

Buying a Car?

ERNESTSUTTON

Can supply you with new' orused cars for cash or credit.

AUSTINSINGER

MORRISFIAT

FORDOPEL

'the finest and largest stock of .immaculate used Rover, carll.

Can or Phone MAYFAIR 4748

We 40 a large used car businessand- often hav.e real, bargains at verylow prices.' Everyone knows thelucky motorist who "picked it up"for £20. •It'was probably at Erneat Sutton',

" ERNEST SUTTON LTD.24, BRUTON PLACE. W.1.

The Social CrediterIf you are not a subscriber to THESOCIAL CREDITER, send this-order without delay:The Social Credit Sec:r-ebiriat,12, Lord Street,Liverpool, 2.

Please send THE SOCIALCREDITER to me

Name ' ~ .

Address .For Twelve Months-I enclose 15;'-

», Six " "7/6,,"Three" ,,3/9

(Cheques and Postal. Orders should , becrossed and made payable to "The Social:Creditei:."

Published by TudQr Jj)!J!!S lU14 ~i1ea Bratt ftllL'. the Social Credit secretariat.

Oliices ,: 12, Lord Street. Li:vei-pool, a:.Prizttcd by J. Bayes .\ Co.,'Wooitoia. U~