The Social Crediter, Saturday, October 29th, 1938.

Vol. 1. No. 7. 3d. Weekly.Registered at G.P.O. as a News~per.Postage (home and abroad) !d. SATURDAY, OCTOBER 29th, 1938.

ECONOMICS, OR POLITI-CAL' ECONOMY?(By MAJOR C. H. DOUGLAS)

An Address to the Marshall Society of Cambridge(October 20th, 1938)

In those far distant days whenit was my painful duty to sit forthat charming examination knownas the "Little-Go" Greek was com-pulsory. I believe wiser counselshave since prevailed. Iknew about asmuch Greek as some of my criticsthink I know about economics, sothere was only one thing to do, andthat was to learn, by heart, the twobooks which were set for the ex-amination, together with a conve-nient 'crib.' To dispose of thisparticular aspect of the crime-wavewhich overtook me -at that time, Iobtained 87 per cent in Greek, whichshows what a really useful thingsome examinations are. I mightmention that the feature in thesituation which kept me awake atnight was whether I should trans-late several sentences more than theexamination paper required, sinceI was 110t quite sure where anyparticular sentence 'began or ended!However, all went well.

But there is good in everything.The two set books were the Gospelof St. Matthew and a little volumeby Xenophon called "Oeconomicus,"which, as I feel sure I need not tellyou, does not mean "economics" but"household management." Youwill no doubt be surprised to hearthat in my opinion, however, bothof these are treatises on politicaleconomy, although, no doubt, fromwidely different points of view.

In regard to the first, it mustsurely 'have occurred to many of

, you that the explanation, given ofthe persecution of early Christian-ity as having a religious basis, is

incredibly thin, when you considerthe tolerance of the Roman Empireof that day in regard to what areso amusingly called "pagan sects"at the present time. Without wish-ing to trench on a subject which isnot mine, it has always been myview (perhaps derived from the in-tensive study of St. Matthew justmentioned) that the four 'Gospelscontain an economic and politicalphilosophy which was immediatelyapprehended by the ruling powersof those times, and actively disliked,and I believe that the difficultiesand dangers with which the worldis faced to-day arise out of exactlythe same conflict.

As usual, the issues are not soclearly defined in Great Britain aselsewhere. Ars est celare artem ishighly developed in this country.We find the real objective disclosedin a cruder form in the totalitarianStates, such as Russia, Italy, Ger-many, in regard to which, in thisparticular matter, I make no specialdistinction. Put shortly, it is theexaltation of organizations overindividuals. The glorification ofthe State in the first place, and ofsuch things as Law, or the instru-ments of State sanctions, such asthe Army, etc., is a corollary.

The antithesis to this is theconception that any organization ismerely a convenience for collectiveaction which, both to retain itsessential nature and its virility,must be based on the assumptionthat everyone who joins it is freeto leave if they find that it is dis-appointing. I have frequently

suggested that the difference is thedifference between compulsorycricket and Saturday' afternooncricket. 'In no case does it meanthat the society holds a committeemeeting every five minutes to alterthe rules, but in one case it doesmean that an individual who doesnot like the rules can play golf,whereas in the other he has to "grinand bear it."

vVe are supposed to be a demo-cracy in this country. Weare, ofcourse, nothing of the kind. Weare a skilful and not very scrupu-lous oligarchy, tending rapidly to afinancial dictatorship, with an ad--ministrative dictatorship in thehackground. We have become

ON OTHER PAGES

A BANK AND A MAN'SRIGHT TO MARRY

By M. H.

COMMENTARY

Mrs. PALMER'S PAGE

OVERSEAS NEWS

WHAT IS A SOCIALCREDITER?

NO BILLETING ,CAMPAIGN

CACKLE AND 'OSSES. By W. Wilson.,

Page 2 THE SOCIAL CREDITER

infected with Oriental ideas, and allthe forces of education and propa-ganda are enlisted in their service.

At this point it may easilyoccur to anyone to ask "1;'0 whatdoes this tend? What is the ob-jective ?"

I t is not very easy to answerthis question concisely, but prob-ably the nearest approximation to acorrect short answer would be "Theperpetuation of the Slave State." Imay shock you by saying that Ibelieve that the Slave State wasnecessary to enable some people to/have leisure to think, but it is notnecessary now.

There is, I think, more to it

even than that. Organizationsappear to acquire a separate exist-ence and character of their own,even temporary organizations, suchas mobs, It is well-known that amob will commit excesses and en-dorse sentiments for which no singleindividual in the mob, if approachedseparately, would take responsibil-ity. The relations between nationsare on an immeasurably lower level.than those which would be toleratedbetween individuals, vet Govern-mental bodies pretend to imposetheir policies in the name of moral-ity. A Government Departmentwill act officially in a way whichwould land an individual in gaol, as

well as incurring for him completesocial ostracism, yet we are askedto regard them as the fine flowerof Socialist ideals.

It seems, therefore, taking allthese matters into consideration,that the problem which the world'has to face to-day is only second-arily a problem of economics, but isprimarily one of political economy.In other words, an appreciation andrectification of the use which ismade of economic realities is re-quired, rather than to modify veryseriously the facts of those econom-ic realities themselves.

(To be concluded),(Copyright: ali rights reserved.)

A Bank and a Man's Right to Marry.Once again the newspapers are

repor tirsg the case of the Scottishbank clerk who was dismissed onhis marriage against the regulationsof the bank

The clerk, W. E. Notman, issuing the Bank of Scotland for£5,000 in respect of alleged slanderby describing him as inefficient, andthe bank claims that the real reasonfor his dismissal was unsuitability-that he "had not respondedproperly to training," etc. .

One cannot comment on thecase itself which is still sub judice.But the general fact sticks out amile-that Mr., Notman's marriagewas made the ostensible cause ofhis dismissal.

Mr. Notman is 31. His salarywas .f180 per annum, £20 less thanthe marriageable limit. As longago as 1933, his fiancee, after abreakdown, was advised by a nervespecialist that she'ehoald marry andhave a home of her own. Mr.Notman's requestwas refused then,to the further detriment of hisfiancee's health. How incrediblesuch a refusal seems to men offeeling!

In 1935,' Mr. Notman againasked permission, intimating that arelative was prepared to make upthe salary to the required £200.

The' bank refused! The mone-tary difficulty was solved in practice-but the bank refused. Mr. Notrnanhad not jumped through the hooplong enough.

Mr. Notm'an then got married

in August of that year, withoutpermission. The bank at oncedismissed him.

Here, briefly told, are such factsabout the case as can be obtainedfrom the newspapers, The thingsthat are not told-the anxious yearsof coping with personal problems,Mr. Notman's state of mind athaving to postpone time and' againthe steps necessary for the im-provement of his fiancee's health,can be imagined by any living beingexcept a bank director. Mr. Not-man might well have seemed "in-efficient" at times in the office-though I do not suggest that hedid,

They say that Mr. Notmansuffered from "an inability to fitinto the scheme of things:' Wellfor him if he ifid, when the schemeof things is one that twists andtortures human lives to force theminto the arbitrary mould of figuresin a ledger.

The case came to an end onSaturday-subject to an appeal. Aten to one majority of the jury gavethe verdict to Mr. Notman, award-ing him .f1,OOO damages.

. In his summing up, Lord JusticeKeith said that the statement of thebank to the Minister was privilegedand an action for slander could notlie. But one for malice against thebank might. "If you think that thereal or chief motive was his inten-tion to marry ... if the plaintiff hasestablished malice, then you must

find for the plaintiff," Lord Keithadded. The jury found as stated.

On the question of damages, LordKeith directed, "You are entitledto award the plaintiff damage forinjury to his feelings, suffering andanxiety, and injury to his businessreputation?" - M. H.

For ExampleThe phrase "a committee of.

disinterested people" is constantlycropping up, Would a child prefera "disinterested" parent, a wife a"disinterested" husband, a shop-keeper a "disinterested" customer?

Buying' a Car?

ERNESTSUTTON

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

AUSTINSINGER

MORRISFIAT

FORDOPEL

The finest and largest stock ofimmaculate used Rover cars.

Call or Phone MAYFAIR 4748

We do a large used car businessand often have real bargains at-verylow .prices, Everyone knows thelucky motorist who "picked it up"for £20,It. was probably at Ernest Sutton's

ERNEST SUTTON LTD.24, BRUTON PLACE, w.i,

TH'E SOCIAL CREDITER Page 3

C,OMMENTAR YI believe I have expressed my

devotion for Mr. Nathaniel Gubbinsbefore-the newspaper gentlemanwho wrote "Dear Sir, Unless ...... "a book all about Mr. Bloodsucker,the taxgatherer.

* ** *Mr. Gubbins has been reading-

at least he HASN'T been reading-a letter sent to an Editor. OUREditor received two exactly thesame (and both from London, thehome of.. ,...... , etc., etc., etc.):

* * * *"Sir, As a plain man in the

street who tries to read between thenews lines ...... "

/

Mr. Gubbins read a little morethan that; but only a little more.Now listen to what Mr. Gubbinssays :-

"I have no interest ... except.to point out the futility of plainmen in the street trying to readbetween the lines ...For one thingthere is nothing between the lines...Moreover, if there were hiddenmeanings between the lines thelast person in the world to dis-cover them would be the plainman in the street. The poor chaphas been. fooled since the begin-ning of time. He was in thestreets of ancient Egypt andancient Rome offering his worth-less opinions. He. always thoughthe knew everything, but knewnothing. His belief in' his ownastuteness, combined with hiscomplete ignorance of Stateaffairs, has made him the willingtool of all Governments. He hasbeen tricked throughout the cen-turies, and he will be led up thegarden of eternity, All becausehe thinks he knows everythingand can read between the lines!'

* * * *"And he will be led up the

garden of eternity" ...well, perhaps!Apart from that, only Major

Douglas could have put it better!"A trap set by knaves to catchsimpletons." How's that?

* * * *And it seems that even Social

Crediters (but are they?) are notimmune.

* * *But why does the Truth appear

in the funny columns, while thefunny bits appear in the leadingarticles and solemn articles byCabinet Ministers?

* * **(See "Are We Awake?" by C.

H. Douglas, The Social Crediter,Vol. 1. No,S: "Perhaps one of themost crippling defects of the con-ventional English man and woman-so widespread-in 'educated' circlesas almost to excuse generalisation-is the catalogue mind-the delus-ion that labelling something is thesame as understanding it, It is adefect .. , fostered by our rulers!')

*" * **"Opinions are powerless, so

long as they only confuse the brain,without arming the hand. Sceptic-ism and free-thinking, as long asthey occupied only the minds of theINDOLENT AND PHILOSOPHI-CAL, have caused the ruin= of nothrone ...... "

* * * *Douglas? ... Oh! No!, Why

should Douglas write of ruininganything, much less a throne? No,Joseph von Hammer. Now,PLEASE don't go out and buy it, orI shall think that Robespierre wasright when he said: "Writers mustbe proscribed as the most dangerousenemies of the people!' But ofcourse they are.

* * * *A literary person is a person

who can't see anything until it's inprint ... and then it's black andwhite to him: grey if he stands farenough away from it. And mostof them stand quite close to whatthey've written themselves, and along way from anything anyone elsehas written ... and farther still fromwhat Douglas (who isn't a literaryperson) has written, and farthestof all from what he is writing.

* * * *"If in reality, Socialism is a

rising of the 'have-nets' against the

'haves', how is it that most of themoney seems to be on the side ofthe 'have-nots'? For whilst or-ganisations working for law andorder are hampered at every turnfor funds, no financial considerationsever seem to interfere with theactivities of the so-called 'Labourmovement! Socialism, in fact,appears to be a thoroughly 'payingconcern,' into which a young manenters as he might go into theCity, with the reasonable expecta-tion of 'doing well.' It is onlynecessary to glance at the history ofthe past hundred years to realizethat 'agitation' has provided apleasant and remunerative careerfor hundreds of middle-class authors,journalists, speakers, organisers,and dilettantes of all kinds whowould otherwise have been con-demned to pass their lives on office-stools or at schoolmasters' desks.And when we read the accounts ofthe delightful treats provided forthese 'devoted workers' in the causeof the proletariat as given in therecords of the First Internationaleor the pages of Mrs. Snowden ["APolitical Pilgrim in Europe,"] webegin to understand the attractionsof Socialism as a profession."

* * * *Then the author (N. H. Web-

ster) asks: "Who provides thefunds?" ... "It seems unlikely," shesays, "that it can be derived fromthe British owners of wealth andproperty whom the Socialists areopenly out to dispossess; the onlybodv of financiers which can there-for~ be suspected of contributingtowards this end is the body knownas 'International Finance!' ... (Well,never mind about what comes next!)

~-~"""""_'''''''''-'''''''''~~''''''''~~II~.~'''I "THE FIG TREE" il NOTICE. ll A claim has recently been put Il forward by the Social Credit tl Secretariat LIMITED to be li the owners of this periodical. l: Major C. H. Douglas and Mr. l~ Miles Hyatt, the Editor and 1l Associate-Editor of the tl periodical since its inception, li wish it to be known by sub- l; scribers and readers that l; they have now no connection l; with that Company. l

~· ......~~ .......~~·~·~· ....··~· .......•.....~cit

---;:::-- -~.

Page 4

Mrs. Palmer's Page

THE SOCIAL CREDITER

To Those WhoT have had a very happy week

with some friends who can onlyvisit London at long intervals. Onenight we' made up a theatre partyto see Charles Morgan's "TheFlashing Stream."

To me it was a thoroughly en-joyable evening. But I was nearlyas interested in the reactions of theaudience as in the play, I cannotafford either the money or the timeto visit the theatre frequently, andhave no pretentions as a dramaticcritic, but it must have been plainto anyone that the usual West-endtheatre-crowd was, somehow,different. It seemed to me thatthe actors were not merely playingto an audience, but that the audiencewere part of the show, were identi-fying themselves with the emotionsof the characters in the drama. Whyelse that curious sense of expect-ancy, and the applause that brokeout at these words, "What is theuse of saving the lives of peoplewho don't know how to live?"

The subject of the play is ap-propriate to the mood of themoment. A mathematician hasinvented an aerial torpedo which"

. will bring down any .aeroplaneagainst which it is launched, Heclaims that this will make aerialwarfare impossible. The necessarydramatic material is provided by theappointment of a woman to theresearch department, and by the in-evitable struggle between the"official" minds at the War Officeand the man of genius.

The fact that you cannotachieve peace by preparing for war,or even by merely desisting frompreparation for war is perceived byMr. Charles Morgan. His is aplay with a purpose, and he is notashamed to avow it. An extractfrom the preface to the play isprinted In the programme, present-ing the view that what we needto-day is a renewal of the qualitywhich has heen called "singlenessof heart."

The same theme is elaboratedby the inventor when he speaks ofthe discipline of the laboratory.

Say: "I May Be . Wrong "Once having taken his place in theteam, the scientist is one of a bodyof men who are moved by no otherconsideration than the perfection ofan aerial torpedo. This means acomplete acceptance of facts asthey are made manifest. Nothingis more difficult to men of imagina-tion.

Mr. Morgan calls this accom-plishment "singleness 'of heart," or"impersonal passion."

I think a good many SocialCrediters have alreadv learned thislesson. I think what CharlesMorgan is giving us is anothersidelight on Social Credit, a pictureof people associating together toattain a specific objective, and,during the period of their associa-tion, allowing no other considerationwhatever, personal or idealistic, tomar that association, And thisdiscipline must be maintained untilthe end is achieved.

The inventor did not think thatwomen were capable of such dis-cipline. "A woman is a personalanimal, that's her strength," hesays. A t first he opposes herappointment, One of the grandthings about Social Credit is that,women can take their place in theteam.

Charles Morgan helieves thatwhen everyone is willing to live hislife with "singleness of heart,", mostof our troubles will he over.

I believe he is feeling his waytowards the truth, but the troubleis that at present we are not allblest, as is the hero in his play, witha definite purpose in life worthy ofthis "impersonal passion," Juclgingfrom another passage in the play,he believes it is our duty to find one,and almost infers that any aim isbetter than no aim at all. Nothingis more damning than those wordswhich we hear on every side to-day-"I may be wrong"-they are thewords of people with no firmness ofcharacter, and no purpose in life.They do not arise from modesty butfrom indifference: not from respect

for truth but from contempt for it.And so the play closes-if only

it had said just a little more to thathighly stimulated and receptiveaudience!

Realistically speaking, the rightis always ascertainable, MajorDouglas made this clear in the firstnumber of the "Fig Tree."

"There is a third factor, how-ever, to which I have on occasionreferred as the Canon. Probablynone of us knows what it is, butnearly all of us recognise it whenwe meet it. Adam, the architect,had it, as anyone who knew thedisappearing Adelphi Terrace wouldadmit. The hungaloid growthswhich disfigure our South Coast;emphatically have' not got it, northe newspapers whose circulation isbased on trials of murder anddivorce cases.

"The new Bank of England,which is a. calculating machine-fortress inside and a Sir Tohn SoaneClassical Facade outside, has notgot it. An apt phrase, a racingyacht, the Quebec Bridge, all intheir special way may have it. Theyare Right in the sense that theengineer speaks of having got itRight-because they are as nearlyas possible the embodiment of theideal in the mind of their creators,and they do their job.

"Probablv few of those whohave had the patience to read theforegoing words would denv thatcivilisation has departed from theCanon. We believe that the majorreason for this is quite simply thata financial criterion rather than arealistic standard of Rightness hasbecome its guide, and that, in con-sequence, the world is given over tothe Father of Lies-the Enemy ofTruth-and that the monev svstemis his chief tool!' ..

Those to whom "I may bewrong," is an oft quoted sentiment,are ternporising, hoping that, someday, (by no effort of - their own)they may be ahle to say, "I knowI am rizht f" Thev will not haveto wait '~uch longer, for the choiceis at hand, We may either, as a

THE SOCIAL CREDITER

nation, depart entirely from theCanon and merge all sense of per-sonal responsibility in some form oftotalitarian state (note that "single-ness of heart" would only make thisdisaster more complete), or we may,painfully, step by step, build up anew civilisation, founded onrealities, one of which is that theonly object of production is con-sumption.

I realise that new readers ofthis paper may read. those wordswithout understanding their signific-ance. I t is so widely acceptedthat a fundamental truth must besomething transcendental, abstractand vague, as for example, the"service of humanity," or "the est-ablishment of christian community."

The founder of Christianity fedand healed the people before hepreached to them.

- B. M. PALMER.

MA YONNAISE.Mrs. Palmer will be glad to

. have contributions for this corner.Recipes should, be worthy of theAge of Plenty" and will be publish-ed with, the name and address ofthe sender, who, it is understood, iswilling to accept the responsibilityof having tested the recipe in herown ki tchen.

This Mayonnaise is made withlemon-juice in place of vinegar.

Well whisk one yolk of eggwith a dessert spoonful of lemon-juice and salt and pepper to taste.Add.slowly, whisking all the time,one gill of olive oil. If too thick,a little boiled water, or more lemon-juice can be added.

This recipe is a boon when youare in a hurry, as it is far less likelyto curdle in the mixing, But itneeds to be stored in a refrigerator.

-B. M.P.

OVERSEAS NEWS--By Miles Hyatt,

Alberta Credit HousesOn Friday, September 30, the

Alberta Government opened five"credit houses" at Granda Prairie,Andrew, St. Paul, Rocky .MontainHouse and Killam. For the present,these credit houses are to acceptdeposits, and act as clearing housesfor vouchers issued to people whoare "working off" their taxes. Ofthese vouchers, only two-thirds areto off-set taxation; the extra thirdis in the form of credits for goodsand services with such businesshouses as have agreed to acceptthem., The credit house at Andrew

was opened by Mr. Glen Maclachlan,Chairman of the Alberta SocialCredit Board, and it will interestreaders over here to know that hewas accompanied by Mr. L. D.Byrne. Here 18 stores are co-operating with the Government,and many depositors entered toopen accounts as soon as Mr.MacLachlan had turned the key.

At Killam, Mr. J. A. Neety, theMayor, said: "We have got alongvery nicely without the Bank ofMontreal since it left-and also be-fore it came," $1,000 were sub-scribed here in half an hour.

The Hon: Solon E. Low, Pro-vincial Treasurer, stated that all

the resources of Alberta were behindthese "treasury branches." "Thesebranches," he said, "will give bene-fits to Alberta people rather thanto shareholders in Ontario andelsewhere!'

Mr. Manning showed that,while the third stage of the move-ment had not yet been reached(owing, as Mr. Aberhart hadpreviously pointed out, to the "un-warranted and vicious opposition toour attempts to perform or tolegislate toward the fulfilment ofour promises") yet, in five differentways, the interim plan for the credithouses would increase purchasingpower and make the obtaining ofgoods and services easier, by:

(1) The general use of thepeoples credit as far as possible inall transactions, There was to beno circula ting medium (money),The peoples' credit would be trans-ferred by means of non-negotiablecredit-vouchers or certificates.

(2) The attainment of thebenefits of association on an exten-sive scale. It was hoped to dem-onstrate the real meaning of theincrement of association.

(3) Encouragement of indust-ries within the Provinces.

(4) Greater benefits from co-

Page 5

operative buying.(5) Bonuses to the people in so

far as co-operation is successful indevelopment of the Province.

Later, Mr. Manning announcedthat the opening of treasurybranches would be extended to meetthe large demand for them atnumbers of districts all over theProvince.

It is obviously, early to commenton this far-reaching scheme,especially at this distance., Butcertain features are especiallypraiseworthy. This is co-operation,but, unlike orthodox co-operativemovements elsewhere, it beginswith the means of payment as themechanism of prior importance.Then it is not a "plan" imposedupon the Province. Machinery ispresented, by utilising which, everyindividual citizen and trader mayfacilitate the exchange of goods andservices if he wishes, So thecredit houses are essentially demo-cratic.

Finally, their present functionsand arrangements are "interim."When the final battle against thestranglehold of "absentee" financiersis won-as it will be won, and notonly in Alberta but all over Canada-there is little doubt that thisamazing Province will have' achiev-ed the working out of a mechanismwhich Canada, and perhaps thewhole world, will study as themodel, tried and proved by experi-ment for a democratic economy.

Colonel LindberghMiss Ellen Wilkinson in a

quarter-page article in the "SundayReferee" (Oct. 23) asks whe'therLindbergh's "great reputation with'the ordinary people of the world" is"being used for political and finan-cial tie-ups"? Another question is:"has Charles Lindbergh become theColonel Lawrence of the USA."?

Lindbergh married Anne Mor-row in 1929, "daughter," says MissvVilkinson "of the J. P. Morganpartner his father fought."

Apparently the objective ofMiss Wilkinson's article is to showthat Lindbergh knows more aboutGeneral Goering's. opinions thanabout Russian aviation. There isa curious mention of Mr. Tom Jones"who knew all the Cabinet secretsduring the war."

Page 6 THE SOCIAL CREDITER

THE SOCIAL CREDlTERThe Social Credit Secretariat is a non-party, non-classorganisation and it is neither connected with nor does itsupport any particular political party, Social Credit or

otherwise.SUBSCRIPTION RATES:

Home and abroad, post free: One year 15s.; Six months 75. 6d.;Three months 3s: 9d,

Vol. 1. No.7. Saturday, October 29th, 1938.

What Is A Crediter?In the first place, a Social

Crediter is one who is aware of afact, namely the fact that peopleassociate in order to reap an ad-vantage from their association. Thisis called the 'increment of associa-tion' and it takes many forms, e.g.the safe handling of a fishing boatof which the sails and .the ruddercannot be convenientlv controlled byone man, or the defence of a citywhich cannot be safely or success-fully conducted according to twodivergent plans.

The Social Crediter knows that,although 'manipulation' of suchassociations can be carried on un-fairly and unprofitably to thoseassociating (or many, or most ofthem,) such pervertions are not in-herently necessary and WILL beprevented whenever it is possible topr even t them, by the breaking upof the association. What can anddoes happen whenever possible

Socialshows the Social Crediter what IS

natural as opposed to artificial inassocia tions (or 'Societies').

A Social Crediter foreseescertain results which would ensuefrom additions to the freedom ofindividuals to enter into or escapefrom associations. An importantresult which he foresees is thatnaturally such freedom would becontrolled by the advantage of theindividuals concerned-the purposefor which associations exist.

Social Crediters accept this'verdict of experience' in preferenceto 'propagandist' or 'ideal' verdictsof any kind: they would be :willingto 'try and see what is good for us'rather than to accept 'authority'which says 'this is good for you.'They think that 'results' are, gen-erally speaking, the 'right' check

This general outlook of SocialCrediters is strongly supported by

observed facts of the vast 'associa-tion' which is called Society with acapital S. They definitely take theview that wars, famines of 'trade'origin, poverty, are not 'good' forpeople, because all people of soundmind try to escape from wars,famines, poverty and even workwhich is dictated to them by otherpeople, whenever escape is possible.

Closer inspection of the opera-tion of our Society shows SocialCrediters that much greater incre-ments would result from associationunless artificial checks were inoperation, They' call such checks'wrong' not in the sense that theyare contrary to some self-appointed'moral' authority, but in the sensethat they don't work 'right.' Thiscanon of rightness is important toSocial Crediters, who, as individuals,desire the associations into whichthey enter to yield the maximum of'good' for themselves with theminimum of effort. They wish tobe free to choose such associationsand, necessarily, concede the 'right'to do the same to all other peoplewho might associate with them.

Social Crediters might be calledPolitical and Economic Realists.They do not know of any evidencesupporting the claims of some in-dividuals to know what results oughtto ensue from life in society. andwould set aside such claims whenpractical experience shows' theresults to be contrary to the desiresof the individuals concerned.

Democracy is frequently andfalselv defined as the rule of themajor ity-c-a definition quite suffici-ent to account for its unpopularitywi.th many persons whose opinion

. is not unworthy of consideration,As so defined, it is a mere trap, setby knaves to catch simpletons; therule of the majority never has ex-isted, and, fortunately never willexist. If such a thing werepossible, it would be the ultimateTerror, beside which, the worstindividual despot would seem akindly patriarch. It is under coverof this definition, however, that un-scrupulous men in every countryare enabled to evade the consequen-ces which anti-social intriguingwould bring {lpon them, by workingup a spurious, because uninformed.public opinion, which is the greatest

barrier to effective and rapid pro-gTess known to the hidden hands offinance and politics, Real democracyis something different, and is theexpression of the policy of themajority, and, so far as that policyis concerned with economics, is thefreedom of an increasing majorityof individuals to make use of thefacilities provided for them, in thefirst place, by a number of personswho will always be, as they havealways been, in the minority.

Any other conception of demo-cracy simply does not take cognis-ance of the facts, does not believein human nature as it is, and con-sequently, taking its stand on thedoctrine of original sin, requires asa first postulate of improvement achange of heart which is expectedto make all men and women over

again, so that a standardised worldwill be uniformly attractive to allof them. A standardised worldrequires someone to set the stand-ards, and it is to this authoritativedemocracy that the capitalisticgovernments of the world are will-ing, if they must, to resign thesceptre of Kaiserism and plutocracy,knowing quite well that it will availnothing that Labour has its admin-istrative councils, its shop com-mittees, its constituent assemblies.or even its Soviets, so long as thecontrol of credit enables the realpolicy of the world-the policywhich controls the conditions underwhich mankind obtains board andclothing, without which the mighti-est genius is more helpless' than awell-fed idot-to be dictated fromthe sources, out of which it nowproceeds. - C. H. DOUGLASin

"Credit Power and Democracy."

THE SOCIAL CREDITER Page 7

To the man who has a job todo, all words except those whichfurther the completion of his workare superflous. He hasn't time forelegan t English or abstract philoso-phies.

The carpenter to. his mate:"Throw the chisel, Bill... " "No-thebig one... " "Here, hold this ... " "Twomore screws ... " "Is the glue hot?"Few words, but all helping the jobalong.

Put the same two men beforepots of beer in the local and theywill expound for an hour on theway old Muggins mucked up hisfowl-pen, how Swedish pine isn'twhat it used to be, what they wouldhave done with the vicarage fenceif they had been the vicar. Manywords to no purpose.

A blind townsman listening tothe two talkers while at work, while

AND 'OSSESover their pints, would undoubtedlyfind the second series of wordsmore amusing, probably more in-structive than the first series. Fortwo reasons; because he is blindand because he can never be acarpenter anyway.

But notice Bill's ten-year-oldson, the one who dreams of be-coming the best woodworker in thevillage when he grows up, Hehangs around during, working hoursand watches the carpenter's hands,To him, any words spoken aremerely aids to those hands. Seehim race his Dad to the- glue-pot tosee whether it is hot.

* *

Words to us are useful onlyinsofar as they define and developaction, Newcomers who need in-struction will get as much as theycan immediately assimilate bywatching (and, if it pleases them,helping in) the work. If they feelthe need for more technical know-ledge our Studies Section is attheir disposal.

You will have noticed thatwhenever any conflict has arisen inthe ranks of the social credit move-ment the underlying issue has al-ways been "Shall it be cackle or'asses?" ' Are we in existence toamuse blind men or to show willinglearners? Can we progress byslapping each others backs or bydriving screws?

Which course will YOU putyour money on? W. WILSON.

* *We have a great and exacting

work to do, We are actually en-gaged on the job. It is extremlyurgent, We must work overtime.The pint of beer must wait.

If:a ~ ~ ~ f.~ ,~~ ~~ ~ .,

I The Study 0/ Social Credit I1.-.--------------.-,_;.--.-.-.------·.-·40

(Pointers from the Authorised Course)

\

The true cost of a givenprogramme of production isthe consumption of all pro-duction over an ' equivalentperiod of time.

As everybody knows, a standardmethod is in use of evaluating costin terms of money, Before we tryto discover the correctness or other-wise of the use which is made ofthis method, let us try to see whatis involved,

It is always better to take verysimple cases whenever the objectiveis, to discover fundamental prin-ciples, The modern industrialsystem is complicated, and it iseasy to lose track of the eventsoccuring within it and their realmeanings.

Suppose we go to that paradiseof economists, an island. Let it bean island where cocoanut palmsgrow, and where a small populationsubsists entirely upon 'the fruit.The pulp, let us say, provides the

people with food, the shells withhouses, the fibre with clothes. Ifthe island did not produce enoughfor a large population, the excess ofpopulation would die, so we neednot concern ourselves with thesufficiency of production. If thepopulation of the island cared toconcern themselves with 'this matter,they might increase production andincrease their own numbers thoughdoubtless not indefinitely in thesesimple conditions. In this case thecost of production of all the cocoa-nuts of the island would be all thecocoanuts of the island, or the costof a cocoanut would be a cocoanut.But suppose the islanders to beable and willing to' produce morecocoanuts than sufficed for theirneeds, let us say twice as many,then the production of the islandwould be twice the consumption,and the "penalty" exacted formaking two cocoanuts availablewould be one cocoanut, It is neverpossible for the mean consumption

rate to be greater than the meanproduction rate in a~y period with-out there being a source of goodsnot revealed in the productionfigures-that is to say without ex-tendin-g the period considered tocover an excess of production ofgoods which could be stored.

Now this is a very remarkableresult, which must surprise some ofus, who have so firmly in ourminds notions of equity that werecoil from the plain fact that it ispossible for the true cost of- avolume of goods to be a fractionof the goods, We are in the habitof thinking that since one cocoanuti~ as good as another, more or less,no exchange is equitable that isnot on the basis of cocoanut forcocoanut. Yet it is evident thatin certain circumstances, namely ahigher mean rate of productionthan of consumption, the true costof production is a fraction of itself.

To quote from C H. Douglas:"The true cost of a pro-

gramme of production is ingeneral not the money cost, butconsiderably less than the moneycost, and a given programme ofproduction can only be distributedto the buying public if sold at it.true cost!'

(Copyright).

Page 8 THE SOCIAL CREDITER

SPACE RESERVEDBY:

THE UNITED RATEPA YERS'ADVISOIRY ASSOCIATION

SECRETARY:JOHN MITCHELL.

AN ORGAN FOR POPULAR DEMANDSPublic Demand No. 1

LOWER RATES.

It is an inevitable consequenceof the bankers debt system that outof it should come increasing dis-content. The incidence of highrates and the revolt against it isorie example of this discontent. TheRates Campaign is the agencythrough which ratepayers are en-abled to associate in making specificdemands for relief from this un-necessary burden. The result ofthe campaign will be at least three-fold: The ratepayer will-

(I) Gain his objective.

(2) Gain a knowledge of im-portant FACTS about money.

(3) Learn a sense of powerand associate that with a definiteline of action.

He will thus be equipped to joinin a bigger campaign for a betterobjective.

The Rates Campaign is in anadvanced stage in at least ten towns

and is progressing satisfactorily inmany others,

Popular Demand No. 2NO BILLETING AND

ADEQUATE EVACUATIONSHELTERS.

The unpreparedness of thiscountrv for war is a result of thebanker's debt system, with itsartificial financial restrictions onthe development of our resources.This unpreparedness involved manythousands of people in rural areasduring the recent crisis in thedangers and discomforts connectedwith the billeting of refugees. Henceit is that a new campaign has com-menced in' districts not to the forein the Rates Campaign. TheURAA, is also acting in an ad-visory capacity to 'this campaign.Specific demands are being made onLocal Authorities for a preventionof a recurrence of such' billetingaction and for the provision ofeffective evacuation shelters.

Particulars of this campaign

are set out on this page, Theratepayer will:-

(1) Gain his objective and, asin the Rates Campaign will,

(2) Gain a knowledge of , im-port ant FACTS about money.

(3) Learn a sense of power andassociate that with a definite line ofaction.

, The two campaigns will, in noway, conflict, but will be of benefitto each other.. Each is directedagainst the enemy entrenched be-hind the Monopoly of Credit.

Other Campaigns will followlater. The operation of theseCampaigns will be greatly facilitat-ed if the URAA., has the whole-hearted co-operation of readers ofthis journal. Experience andknowledge are valuable both intheir launching and in their guid-ance, locally and centrally. It isup to everyone who desires free-dom in security, to lend a hand soas to relieve the relatively few nowengaged in organising action, uponwhom the burden is bearing heavily.

- J. M.

Pass this on from house to house.

NO BILLE,TING CAMPAIGNPlease read and pass on quickly.

Campaign for the Prevention of Refugee Billeting and theProvision of Adequate Evacuation Shelters

should be taken by the authorities to relieve them ofunnecessary dangers and discomforts.

Such measures should be taken AT ONCE,BEFORE engaging on dangerous foreign policies,such as that in Palestine, which is causing the manymillions of Arabs in the Near East to hate England-a situation which will bring us the gravest peril inthe event of war.

The recent billeting of thousands of childrenon the rural population has awakened people through-out the countryside to the appalling unpreparedness ofthis country for war. Had war come, hundreds ofthousands of other children and parents would havebeen billeted on people in country districts.

Doctors know, and everyone is now realising,the serious dangers which would have resultedfrom only a few weeks of such billeting. Over-crowding and insanitation would have caused epidemicdisease throughout the country.

The people of this country are humane andwilling to do their best in any emergency, but they.bave a right to demand that commonsense measures

THE REMEDYProfessor A. E, Richardson, AR.A., Vice-

President of the Royal Institute of British Architects

THE SOCIAL CREDITER Page 9

has described in a' national newspaper how easily theevacuation question can be solved.

The North Downs, the South Downs, theMendips, the Chilterns, the Peak Districts and manyother suitable places can quite easily be tunnelled forair-raid shelters, and adequate living shelters builtexternally.

THE LABOUR AND MATERIAL TO DOTHIS THING CAN QUITE EASILY BE FOUND.Sound commonsense says, therefore, that theseshelters should be built. The money can be found.

Where did the money com'e from to finance theGreat \iVar?

Where will the money come from to financeanother war? Where is the money coming fromto finance rearmament? Where CAN the moneycome from to finance adequate evacuation shelters?

The money DOES come from the BANKS,and CAN and MUST be provided in, increasingquantities to enable the abundant and now idle labourand material to be used in the construction of properevacuation shelters, It is money created practicallycostlessly, as explained in the opposite column, soItaxpayers need not pay heavy loan charges on it.

The Morale of the people is all important inwar time, Is there anything more calculated todestroy that morale than the invasion and command-eering' of their own homes for millions of refugees?There is a vast difference between billeting disciplinedtroops and hapless, bewildered multitudes.

Englishmen have had their FIRST taste ofCONSCRIPTION of property-ONLY A TASTE.

The practice of billeting was declared to beillegal by the Petition of Right, 1627, Can it he thatthis elementary and fundamental protection givento the subject has now been forgotten? In earlierdays billeting was considered an' abuse and was dealtwith by Parliament accordingly,

Nothing _else but a UNITED 'DEMAND willgive your governments (local or national) the powerto act-to make banks provide credit on reasonableterms, Unless this is done much higher taxation,resulting from increased and wholly unnecessary loancharges, will bring ruin to this country.

-DEMAND

u

Organise NO\iV. before it is too late; make thisdemand on your Local Authority:-

"\iVe, electors and ratepayers, emphaticallyprotest against the billeting of children and otherrefugees on rural populations; and demand that nosuch measures shall be adopted again in the future.

"We also demand that immediate steps betaken to provide adequate shelters in suitable districts

for all those evacuated from, large towns ; and thatsuch shelters should be built without an increase inrates or taxes."

W rite to the publishers of this broadsheet foradvice on how to organise a local campaign:-

The United Ratepayers' Advisory Association,(T. H. Story, J. Mitchell)

Sentinel House, Southampton Row, London, W.C.l.

From 1914 to 1918 the National Debt increasedfrom £650 millions to nearly £8,000 millions. Itmultiplied twelve times. .

The British people would have had to haveSAVED nearly all they earned during the War toequal this increase in debt.

T t is, therefore, a preposterous lie to say thatthey invested it out of their SAVINGS,

The bankers, themselves have told us in areport which they prepared for the Government in1918, exactly how thev created the great bulk ofthis \Nar Debt practically costlessly by book-entriesin ledgers, This is the Cunliffe Report which wasprepared by eight bankers, two Treasury officialsand an economist, presided over hy the then Gov-ernor of-the Bank of England.

These FACTS have been carefully concealedfrom the British public. This has only been pos-sible because nearly all organisations in thiscountry rely 011 the credit created by banks fortheir finance, including ne~wspapers and theadvertisers who give newspapers their income.

The cost to the bankers of creating the WarDebt was merely that of making the ledger entries,But since 1918, the British Taxpayer has paid loancharges totalling £6,000 millions-nearly as muchas the Debt itself-AND THEY STILL OWETHE 'DEBT.

Instead of these colossal loan charges, one pay-ment of :t per' cent would have been ample remun-eration to pay the banks for their book-keepingservice,

Bankers can provide COSTLESS money toenable the available labour and material to buildadequate, evacuation shelters. This can be donewithout increase in rates or taxes, and without, inany way, interfering with the investments ofprivate individuals.

DEMAND THAT IT BE DONE!

Page 10 THE SOCIAL CREDITER

SALVO! MEETINGLt. Col. J. Creagh Scott, D.S.O.,

O.B.E., in Newcastle.

A meeting organised by theNewcastle LRD.A., was addressedby LL CoL Creagh Scott, on Wed-nesday, October 19th, in the ChurchInstitute.

The meeting represented a re-markable achievement by thecampaigners in Newcastle, Greatcredit is due to them and theirCampaign Manager, Mr, C. R.Preston, and the U.RA.A., DistrictAgent, Mr. \V. A. Barratt.

The Campaign was started inNewcastle in the face of unusualapathy, and has been attacked in "every possible way. There is nodoubt that a very carefully plannedboycott was instituted against it invarious ways during the last fewweeks, Notwithstanding all this,the campaign is making fine head-way,

The following is a report fromMr. w. A, Barratt:

"In spite of the significantsilence of the press-they have notgiven any reference to the LowerRates Campaign for a few weeksnow-c-over 350 ratepayers attended,They all showed much appreciationof the FACTS concerning the cost-less creation of credit-financialcredit, as Colonel Scott was careful

to explain, because the banks donot want to create any real creditwhatever, the ratepayers themselvescreate the real physical assets bytheir work, knowledge, skill andorganisation.

Many questions were asked bymembers of the audience and muchenthusiasm was shown, severalpeople asking what they could do toremedy this artificial burden ofdebt which was increasing at suchan alarming rate.

Dr. Smart read out the follow-ing resolution to the meeting:-

The money paid in interest andrepayment of loan charges im-poses an intolerable burdenupon all of us. We therefore,demand. a drastic reduction inrates and assessments with nodecrease ill social services.The resolution was carried

unanimously.12 to 15 volunteers gave their

names in on specially preparedcards which were given to all onentry to the hall.

With regard to the above men-tioned cards it was the C.M!s ob-jective to obtain volunteers for eachstreet in the City. Some one whowould take on the responsibility tosee after the safe circulation ofA.C., and to give out leaflets andother material when called upon.The idea is a brilliant one and

Circular LetterThis circular was sent to 4,000

publicans in the Home Counties:- 'Dear Sir,

NO BILLETING CAMPAIGN.Will you be good enough to pin

up this notice where all yourcustomers can see it? The noticeconcerns, not only the privaterights of householders, but also thesafety of thousands of refugees inthe even t of war.

'DO THIS, AND EVERYBODYWILL BE GRATEFUL TO YOU.

Your House is a social centre.By putting the message on display,you are helping to spread the newsas quickly as possible, You willrealise that the question is extreme-ly urgent.

Plea,se render your patrons this·

to Publicansservice so that they may know thatthere is a solution to the problem?f the wholesale billeting of civil-ians.

Thank you.Yours faithfully,JOHN MITCHELL,

Secretary and Organiser.

* * * *WORDING OF POSTER.

NO BILLETING CAMPAIGNPrevent a Repetition of

Refugee Billeting.Insist that Proper Evacuation

Shelters be Provided.JOIN IN THE UNITED DEMAND

NOW.Full particulars from ..

could be used, ultimately, for aspeedy distribution of any informa-tion required.

Dr. Smart, in response to sev-eral requests gave a short outlineof the working of the AutomaticCanvasser as a means of letting theRatepayers tell their representa-tives what are their requirements.

QUESTIONSGentleman wanted to know

what would happen if the banksrefused to lend this money if thedemand was proceeded with.CoL Creagh Scott:

"Let them try and then we shallknow who manipulates PublicPolicy."

In one of his replies Col. Scottmade the cryptic statement "TheBanks have never lent anybodyanything, because they have nocredit of their own."

Another reply included thestatement :-

that Banks produce nothing.What do they produce? Comeup here anyone and tell uswhat-the Banks produce in thewav of Real Credit.Noi1e tried.

Gentleman: "If we have 'paid to theRanks 16,000 millions in interestcharges on the War Debt, doesit not mean that we have beenswindled out of the equivalentin goods and services?"

Col. Creagh Scott:"The money which is represent-ed by Municipal debt wasloaned to you and enabled youto build your public buildings,Market Halls, Town Halls, andpublic services. These, youwill admit are all real creditand are distinct assets, butinstead of being credited toyou as assets you are burden-ed with a debt in respect ofthem. In short, the Bankshave appropriated your owncredit through the operation oflending you this costlessly."

The Great majority of those peopiewho attended this meeting wereentirelv new contacts and this factwas most -encouraging to us allshowing that the Campaign is ~gathering momentum.

C. R PRESTON.

THE SOCIAL CREDITER Page 11

Another AntiquatedRates Theory

Lord Howard de Walden,Chairman of the National Union ofRatepayers' Associations, speakingat the annual meeting in London onOctober 19, said that the dead-weight debt of local authorities wasnow a thousand million pounds.

"The total cost per head oflocal government-that is, to rate-payers and taxpayers-was £74s. 3d.per head in 1931. It was £7 6s. 3d.,in 1936, and though official figuresare lacking, we can estimate that itis not less than' £7 lOs. Od., now,without taking into account thecost of .the recent emergency."

Curiously enough -Lord deWalden advocates the old-fashionedremedy of doing without swimmingpools to pay for defence, or doingwithout defence to pay for swim-ming pools.

READY NOW!

IMPORTANT PAMPHLET.

IMPORTANT PAMPHLET.

LOWERRATES

Published and issued by,U.R.A.A.

This pamphlet contains amasterly statement of theF ACTS upon which the de-mands for lower rates andassessments with no decreasein social services chiefly rests

It will be an invaluable aidfor informing new workers,councillors, and all those who,lacking a knowledge of theFACTS, support "economy"campaigns.

There will be a discount of33/1-3% on quantities of 50and over to all Quota Associa-tions. '

Price 3d. each.

U.R.A.A., Sentinel House,Southampton Row, London, :w:.C.1

'Phone Chancery 7248.

CARDIFF LOANSQUESTION OF DIVULGING

NAMES OF LENDERS .

Sir.i--With reference to thestatement recently made by theCardiff City Treasurer, Mr. E. W.

.Bar ker, that to divulge the namesof the holders of Cardiff's £9,000,000debt would be a breach of confi-dence, ratepayers will be interestedto learn that such an attitude onthe part of local authorities is notgeneral.

Chelmsford Borough Counciland the East Barnet Rural DistrictCouncil have both allowed the rate-payers to inspect their registers.Less than 10 per cent., of the debtof these two councils is held bvprivate individuals, the balance beingheld by financial institutions or thePublic Works Loans Board.

Surely Mr. Barker is awarethat the public can inspect the listof shareholders of any businessundertaking, with the exception ofthe Bank of England. No one ischarged with breach of confidencein such cases.

Mr. Barker mav rest assuredthat this associ'atio~ is, not' con-cerned with the private affairs ofindividual lenders, but is intent ondisclosing the creators of costlesscredit. £500,000of the rate-payers'money is paid to them annually.-Yours, &c., R. W. HANNAGEN,

Hon. Sec., Cardiff LowerRates Demand Association.

The Grove, Groveland-road,Birchgrove, Cardiff.

For THE TRUTH IN ALBERTA- - - Reaa "Toaay-analoniorrow"- - - --

Send your sub. to TODAY AND TOMORROW1016-1l8th Street, Edmonton, Alberta

Subscriptions $1.50 a year(at the present rate of exchange about 6s,)

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

The NEW,ERA. Australia's Social Credit Weekly24 Pages. Illustrated. 12 months, 12s.

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

Lord Austin's"Demand Results!"Speaking at the Austin Motor

Co" banquet in London, Lord Austinsaid: "If I were to make a suggest-ion it would be that the Governmentdepartments concerned quicklymake their decisions and tell indust-ry frankly and exactly what theywant . and when they want it.Industry without any mobilisationwill see that they get it and get itwithout delay."

The most suitable people toorganise industry were the indust-rialists themselves, and the lessGovernment control they experi-enced the more expeditiously andeconomically the job would be done.

New LeafletA Leaflet entitled "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 he lost onthose hundreds of thousands ofratepayers who are joining inthe lower rates campaign.

This leaflet is deserving of avery wide distribution; every

.councillor, should receive- -one,everyone who attends a. ratesmeeting and everyone who islending support to an economycampaign.

This leaflet can take theplace of the "Ratepayers'Money Spent Wrongly" leaflet011 the automatic canvassers.Price 2/6 per 100; 11/- for 509;

£1 per 1,000.Quota Discount 50 per cent.

From U.R.A.A., Sentinel House,Southampton Row, Lenden, W.C.I.

'Phone Chancery 7248.

Page 12 THE SOCIAL CREDITER

LECTURES AND STUDIES SECTION.ANNOUNCEMENTS AND MEETINGS

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

.BELFAST D.S.C. Group. Public meetingswill be held in the Social Credit Rooms,72, Ann Street, Belfast. N ext meetingsNovember 3rd, 10th, 17th, 'and 24th, at7-45 p.rn. The meetings will be addressedby a different speaker each evening onthe subject: "Money versus Man." Allwelcome. Admission Free.

BIRMINGHAM and District. SocialCrediters will find friends over tea andlight refreshments at Prince's Cafe,Temple Street, on Friday evenings, from(J p.m., in the King's Room.

BLACKBURN Social Credit Study Groupmeets each Tuesday at 8 p.rn., in' theY.M.CA, Limbrick. All welcome. En-quiries to Hon. Sec., 47, Whalley NewRoad, Blackburn,

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

DERBY & DISTRICT S.C. Association.Meetings are held fortnightly (Tuesdays)at The "Unity Hall," Room 14, at 7-45p.m. Next meeting November 1st. LowerRates Demand Association workers areinvited to attend at above-6-30 to 7-30V.m., for latest instructions. CampaignManager, D. & D. LRD. Association.

LIVERPOOL Social Credit Association:Public meetings held fortnightly at 8 p.m.,ill' Reece's .Cafe, Castle Street; admissionfree. Next meeting on Friday, November4th. Speaker: Mr.. C W. Rhodes. Subject:"You and Your Councillor." All enquiriesreadily attended to by Hon .. Secretary,"Greengates," Hillside Drive, Woolton.

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

NEWCASTLE D.S.C. Group. Literature,The Social Crediter, 01' any other inform-ation required will be supplied by theHon, Secretary, Social Credit Group, 10,\iVarrington Road, ~ewcastle, 3.

PORTSMOUTH D.S.C. Group. Weeklymeetings f,very Thursday at 8 p.m, 16,Ursula Grove. Elm Grove, Southsea.

SOUTHAMPTON Group. Please notethat the Headquarters have been removedto 8, CRANBURY PLACE, SOUTH-AMPTON. Members please call to seethe new and more advantageouslysituated premises, The next meeting onNovember Ist, at 7-45 p.rn. Open dis-cussion on "Nationalization."

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 w-«Street, Gateshead.

WALLASEY Social Credit Association.Enquiries welcomed by Hon. Sec., 2,Empress Road, Wallasey.

WOL VERHAMPTON D.S.C. Group.Fortnightly meetings in the Ante-Room,Cen tral Library.

Miscellaneous Notices.Rate Is. a line. Support our Advertisers.

NORTH Newcastle-on- Tyne LowerRates Association. All interestedplease get in touch with J. W. Coward,Deepdale, Holly Avenue, Fawdon, New-cas tie-on -Tyne, 3.

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

UNITED Ratepayers' Advisory Associa-tion, District Agent for S. Wales andMonmouthshire, Mr. P. Langmaid, 199,Heathwood Road, Cardiff.

TO THE DIRECTOR OF REVENUE,THE SOCIAL CREDIT SECRETARIAT,10, AMBERLEY STREET, LIVERPOOL, 8.

I wish to continue my support of the policy of Major C. H,Douglas through the organisation nominated by him to implementthat policy.

( per week

1 per monthper year

the Social Credit Secretariat.

I will give._::f :.__ __.:.

towards the funds of

Name: , , , , .Address " , ,,, ", " " .

~ .

Revised regulations for the Diplomaof Fellowship (Course B).*

Candidates for the Diploma of Fellowwill be required:

(1) To have passed the Examination forthe Diploma of Associate.j

(2) To present evidence that they have(a) initiated some course of action

approved by the Secretariat.(b) participated in approved

action in the field, and(c) performed the following Exer-

cises to the satisfaction of theExaminers :-

To prepare in such form as needsonly routine assistance in order to putthem into execution THREE practicalschemes in pursuit of limited objectivessuch as are regularly undertaken on theadvice of Major Douglas, and to aaswerrelative questions bearing upon pointsof technique which may be raised bythe proposals put forward;In regard to (c), candidates may pro-

pose, but may not choose, the objectivesto be set before them; and they mayreceive such assistance as may be avail-able from the Assistant Director, Lecturesand Studies Section. A time limit willbe set to the completion of each exercise;the written account of the results pre-sented by candidates will be the copyrightof the Social Credit Secretariat; and nofees, other than examination fees, will becharged. Candidates wishing to receivethe matter circulated for the HA" Coursemay do so on payment of the usual feefor that Course alone (in this case £1plus postal surcharge).

These regulations replace the regula-tions for Course HB" in the Prospectus of1937-8.

*tFurther particulars may be obtainedfrom "Diploma," c/o THE SOCIALCREDITER, 10, Amberley Street, UpperParliament Street, Liverpool.

The Social CrediterIf you are not a subscriber to THESOCIAL CREDITER, send thisorder without delay.The Social Credit Secretariat,10, Amberley Street,Upper' Parliament Street,Liverpool.

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 SocialCrediter."

Published by Tudor Jones and Miles Hyatt forthe Social Credit Secretariat.

Temporary Offices 10, Amberley Street. UpperParliament Street, Linrpooi.

Printed by J. Jiaye. &: cs; W_tCIIl. Linrpoui.