Social Credit Strives For Ideal, Not Career

Press, Volume CVI, Issue 31221, 19 November 1966, Page 16

Social Credit Strives For Ideal, Not Career

“Social Creditors are striving for an ideal while other candidates are looking for a career,” Mr C. E. Cullen, the Social Credit candidate for Riccarton, told five adults and three youths attending a meeting in the Methodist Hall, Church Corner, last night. Mr Cullen said that the Labour Party swept into office in 1935 with considerable support from Social Creditors. In 1949 the National Party did the same with Social Credit support On neither occasion was it intended that Social Credit should be political. “In 1954 the Social Credit Political League was formed because neither party honoured what it said it would do. That is why Social Credit became political and why it is contesting 80 seats today,” Mr Cullen said. “Labour and National candidates obtain their first expertence by standing for some seat where they have no hope. If they make a good impression they stand for a better seat next time.

Tn Sydenham, for instance, any Labour candidate they care to put up will get in.

The wages today are quite good for a member of Parliament.”

Mr Cullen said the people of New Zealand at present worked four months of the year for the Government; soon it would be five months, and before long they would not have enough left for themselves to live on.

“We say that debt is not necessary- We say there is no need for the country to get into debt. The money bankers create comes out of the inkpot. “This money comes into being as the property of the banks and they charge you interest on it.

“Trading banks are in the unique position of being able to keep their reserves secret. They can produce fictitious balance sheets,” Mr Cullen said. “The bankers’ business is to get people into debt. They keep the purchasing power of the people short.”