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SOCIAL CREDIT SCHEME

PROPOSAL IN CANADA. RULED OUT OF ORDER. (Press Association.—Copyright.) (Received 11.20 a.m.) Ottawa, February 21. “No inflation for Canada,” Mr. Dunning told the House pf Commons when opposing the Commonwealth Federation proposal to grant pensions to all Canadians at 60 years of age, through the issue of currency estimated by the Minister to cost 500,000,000 dollars annually. “No country ever grew rich through inflation,” he continued. “Canada is making progress regarding the control of public credit, but must proceed carefully along the lines laid down already in Parliament.” Mr. Bennett opposed the proposal on the ground that the plan was not contributory and was really intended to force all workers to retire at 60. It would militate against character building. The Social Cr'edit members supported the proposal, which was eventually ruled out of order.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/KCC19360222.2.27

Bibliographic details

King Country Chronicle, Volume XXX, Issue 4812, 22 February 1936, Page 5

Word Count
137

SOCIAL CREDIT SCHEME King Country Chronicle, Volume XXX, Issue 4812, 22 February 1936, Page 5

SOCIAL CREDIT SCHEME King Country Chronicle, Volume XXX, Issue 4812, 22 February 1936, Page 5

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