ALBERTA FINANCE
CONFIDENCE OF MAJOR DOUGLAS. (United Press Association —Copyright). LONDON, August 26. Major C. H. Douglas, the originator of the Douglas social credit scheme, in an interview, said that he was confident that the scheme would he implemented in Alberta. He insisted that Air W. Aberhart's promise of 25 dollars a month was practicable, although doubtless it would have to he developed by stages. “1 do not fear the banks,” he said. “They are made into bogeys. If there is any difficulty, their co-operation may have to he enforced. 11 I visit Alberta again it will be in the capacity of reconstruction adviser.”
Ho admitted that the local, as distinct from the universal adoption of his ideas would not provide ideal conditions for their success. He insisted however, that there was a steady world-wide movement in favour of his proposals. Alberta stocks in London are marked down four to five and a half paints, but sales are possible only by negotiation.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AG19350828.2.31
Bibliographic details
Ashburton Guardian, Volume 55, Issue 270, 28 August 1935, Page 5
Word Count
162ALBERTA FINANCE Ashburton Guardian, Volume 55, Issue 270, 28 August 1935, Page 5
Using This Item
Ashburton Guardian Ltd is the copyright owner for the Ashburton Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Ashburton Guardian Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in