ST. ALBANS SEAT

Press, Volume XCIX, Issue 29366, 19 November 1960, Page 14

ST. ALBANS SEAT

Social Credit Promises

Promises guaranteed by the “highest legal authority" and under a "legal contract" -were made by the Social Credit candidate for St. Albans (Mr G. R. Lynne' to an audience of about 10 children on a street corner in Mairehau last evening. “We make a firm promise—a guaranteed promise that we will abolish direct tax up to the first £520 a year, and introduce taxation exemptions of £2OB a year for a wife or dependant relative, and £lO4 a year for every child," said Mr Lynne. Death duties on up to £20.000 will be abolished, gift duties on up to £lOOO. petrol tax will be reduced to make the price of petrol 3s a gallon throughout the country, and taxes on wine, beer, spirits, cigarettes and tobacco will be brought back to their 1957 level, he said. “This is just a start. This is what we will do if you help us to do it.” Sales tax on all commercial vehicles will be removed and on private vehicles it will be reduced to 20 per cent. Increased Pensions

All pensions will be increased by 10s a week, the means test will be abolished, and land tax abolished.

Those persons who wished to have their pensioner parents living at home would be assisted in building a flat for them by a loan of up to £lOOO at 2 per cent, interest, £5OO of which would be an interest-free suspensory loan to be “written off” at the rate of £lOO a year provided one or both parents were using the flat, Mr Lynne said. Other Social Credit promises were for 15 per cent, subsidies on fish and meat, 10 per cent, on all clothing and footwear, and retention of the present subsidies on milk, butter and eggs.

“Social Credit has a full policy and we guarantee to put it into operation. We offer you a complete new deal. The £ will become your servant and not your master. We are taking control of the monetary system on your behalf—it will only cost us the value of the paper and ink to print it. If it is done by the Government there will be no debt; if there is no debt there will be no interest; and if there is no interest there will be no drain on. taxation,” Mr Lynne said.