SOCIAL CREDIT

Wanganui Chronicle, Volume 79, Issue 18, 22 January 1935, Page 8

SOCIAL CREDIT

THE DOUGLAS MOVEMENT. ANNUAL CONFERENCE. [ Par Press Association. I TA GRAN GA, Jan. 21. Some 300 members of the Douglas Credit Movement are now at Mount Maunganui. Captain Bushworth (Dominion president) will arrive to-day, and the formal opening of the conference will take place to-morrow morning. Messrs. H. Atmore, M.P., and A. C. A. Sexton, of Auckland, addressed a public meeting on Saturday night. Mr. Atmore, in the course of his address, said that to-day the producer was worse off than ever, and so desperate had the Government become that no Cabinet Minister was willing to face the people in any large town. At the tunc Mr. Montague Norman had accepted. the governorship of the. Bank of England from an American firm, the depression in England and bankruptcies had assumed colossal proportions. There was a time when New Zealand led the world in social ami humanitarian legislation, but to-day she was in the throes of reaction, and much we had cause to be proud of had been desecrated. He advised his hearers to make a few inquiries concerning the source of party funds. Ma jor Douglas was the only man who had shown how to increase purchasing power without increasing prices. He di«l not. crash before the Monetary Commission as some people tried to make out, but the Monetary Commission had crashed before him. Mr. Sexton, in dialing with the Agriculture Emergency Powers Act, said that the Government’s changed policy would result in decreased production and increased costs to be loaded on to the industry. A supreme council would be in control, consisting of Messrs. Justice Frazer, G. A. Duncan, and David Jones, men not by any means the best available or particularly sympathetic to Ih< embarrassed dairy farmer. The Government proposals for dealing with tubercular rows vj’re a hole and corner way of dodging its responsibilities.