Article image
Article image
Article image
Article image

DOUGLAS CREDIT PLAN

PETITION TO PARLIAMENT The interest take in certain country districts in the Douglas social credit scheme is indicated in a- petition presented to tile New Zealand Parliament on Tuesday by the Minister of Agriculture, the Hon. C. ID. Macmillan. The petition is signed by W. G. Banyan, of Manawake, and 30 other residents of the Tauranga district. The petitioners refer to the suffering ,-jncl distress of the present- time as due to the fact that the buying power or currency is restricted by private institution. ‘ They ask that a credit board be .set un to ascertain the shortage of buying power and to enable the principles' of the Douglas . credit scheme to- he put intb operation in NeW. Zealand without delay. The petitioners ilsb fbcord theif bpposition to the establishment of a central bank.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HAWST19331019.2.66

Bibliographic details

Hawera Star, Volume LIII, 19 October 1933, Page 7

Word Count
137

DOUGLAS CREDIT PLAN Hawera Star, Volume LIII, 19 October 1933, Page 7

DOUGLAS CREDIT PLAN Hawera Star, Volume LIII, 19 October 1933, Page 7