The Social Crediter, Saturday, November 11th, 1939.

;THE SOCIAL CREDITERFOR POLITICAL AND· ECONOMIC REALISM

Vol. 3. No.9. Registered at G.P.O. as a NewspaperPostage (home and abroad) ~d. 6d. Weekly.SATURDAY, NOVEMBER 11th, 1939.

WHOSE SERVICE IS PERFECT FREEDOM (IX)By C. H. DOUGLAS

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In considering the nature of the measures which arenecessary to ensure effective financing of the world crisis (ofwhich the present abnormal war situation is merely thepreliminary episode) certain fairly obvious propositions willbear recall.

(a) If it is possible without exhausting our credit to spend£2000,000,000 per annum on pure economic waste, andit is possible, because we are doing it, it is possible tospend a much larger sum on the production of economicwealth which would be the basis of greater credit. Itfollows from this that the reason that we have beentaxed as no other people in the world have ever beentaxed, for the last twenty years, and are now to be stillmore heavily taxed, is purely arbitrary. To put thematter another way, either the spending power (whichnormally governs producing power) of the generalpopulation has been deliberately reduced in peace timeby unnecessary taxation, or it is intended that allexpenditure not financed by taxation shall be recoveredin future taxation, with the object of reducing stillfurther the consumers' purchasing power, and theconsequent possibility of wealth production financed byconsumer purchase in peace time. The policy is clearenough; it is to remove the margin of economic securityprovided by an "unearned" income and to force theindividual to apply either for work or relief.

(b) "Spending" has just the same results if it takes placeout of sums proceeding from "loans" as if from theproceeds of taxation, provided that money retains itsdefinition.

(c) The taxpayer loses his money permanently, althoughhe probably obtained it in return for his personalservices. This is just as true of so-called "unearned"incomes in the hands of the general public, as of wagesand salaries.

On the other hand the subscriber to a loan gets apermanent security for his money, which, over a period,is more valuable than the money he subscribes. Inthe case of the banks or issuing houses, which collect-ively provide probably 80 per cent. of the loans, themoney subscribed is counterfeit money, not representinga token of services rendered, as well as a claim onalternative services, as is the case with money in thehands of the public, but simply a new claim to whateverit: will buy. So that three kinds of money are used forGovernment finance; confiscated money, bought money,and counterfeit money. Of these, bought money aloneis justifiable.

(d) If prices of consumable goods are allowed to rise,the public is again taxed by the amount of the rise; andevery rise in prices is a departure of money from itsdefinition.

(e) Broadly, securities represent capital values; cash orcurrent deposits, consumable values.

(f) It is not necessary to make the general public perm-anently financially poorer in war time. If certainarticles are required for war purposes they can either bewithdrawn from the market, or rationed, but it is notnecessary to make the public pay for them by taxation.

Post war slumps are directly due to price rises andtaxation, which are only different forms of the samething.We hear a great deal on the subject of equality of

sacrifice in war time. It may perhaps be desirable toconsider: the question of equality of benefits.

The first step towards such equality, is obviously toinsure that all the money required for the service of rhestate shall be the same kind of money (cf.(c) supra). If itis correct that the financier shall obtain War Stock fornothing, it is equally correct that the citizen whose liabilityto the nation is collectively unlimited, should obtain WarStock for nothing. It would certainly appear to be beyondquestion that, instead of losing his hard earned money bytaxation, he should be protected from the results of the issue,by German and other Jews, of money which, as in the caseof the large credits provided by the Bank of England to"build up a strong Germany" as Mr. John Gunther puts it,may be used to deprive him of the very land he lives in.

I have already put forward, in skeleton form, certainsuggestions to this effect. Pending the application ofeffective pressure to secure a change of policy, I do notthink that any useful object would be served by furtherelaboration, beyond the observation that a system of com-pensated prices is an integral part of them.

The human mind is particularly given to "wishful

ON OTHER PAGES

This Plan to Control Britain .. , By J. Mitchell

Moving Mountains By Norman Webb

The Federalist Plot By T. J.Cotton Spinners and M(»ley.

Page 2 THE SOCIAL CREDITER November 11th, 1939.

thinking" at critical periods such as this, and one of thesetendencies is to persuade ourselves that there is hiddensomewhere, a bright idea which, if only we knew it, wouldsolve our difficulties. There is no such idea for the simplereason that no such idea has sufficient force behind it. Toanyone who will take the trouble to observe events with adispassionate mind, it is beyond dispute that what we arewitnessing is a supreme struggle for temporal power. N()amelioration of the human lot is possible until this issueis resolved, and its resolution will involve either victory ordefeat both for despotic bureaucracy and monopoly finance.

Fortunately, it is not necessary to accept my ownassurances on this question. Lord Lothian, whose presenceas Ambassador in the United States at this juncture is nomore accidental than is American enthusiasm for Mr.Winston Churchill, said recently in New York, at a dinnerof The Pilgrims of the United States.

"Peace comes from there being overwhelming powerbehind law."

I feel that perhaps the shortest comment on this dictum

is that of Sir W. S. Gilbert."The Law is the embodiment of everything that's

excellent,It has no kind of fault or flaw,

And I, my Lords, embody the Law."You see how it works. We arrange matters in Ger-

many, firstly that only a Dictatorship can emerge from thechaos made inevitable by the financiers who moulded thePeace Treaty. Then we finance the Dictator with Britishmoney, at the instance of international agents, in the sureand certain promise that he will make war inevitable.

Then we have a war to put down Hitlerism (not ofcourse, Stalinism) and we agree, even before the war hasreally started, that the only final cure for war is WorldSuper-Hitlerism. We proceed, in fact, from the PoliceState to the Police World.

Well, you can fool some of the people, all of the time ...

(To be continued). ~ /

(W orld copyright reserved). •• ~

\".

LETTE,RSNOT NAZI-ISM

Sir,The Home Secretary's remarks on

"a certain body which is well-known tobe anti-Semitic and is conducting pro-paganda in this country helpful to theNazi cause" seemed to imply thatanything anti-Semitic is inimical to theinterests of the British people.

It also appeared to suggest thatanything anti-Semitic was pro-Nazi.Nothing could be further from the truth.

Yours faithfully,A. H. WAINWRIGHT.

65, Fairlands Road, Sale, Cheshire;Nooember 2nd, 1939.

•SELLING

THE SOCIAL CREDITERDear Sir,

Each week I give two copies ofThe Social Crediter to a news agent-he has a regular reader for one, butusually I have the other back unsold.But since the war he has been selling theother copy quite often, to chance buyers.This is interesting, and I feel that otherindividuals should get newsagents todisplay a copy or two, as there is nodoubt that there are a considerablenumber of people thinking about thingsto-day. In addition, the news tradehave stopped taking returns fromretailers. The result 'of this is thatnewsagents only order what they candefinitely sell, and so have very little to

TO THEput out on their counter. Consequentlythey are particularly willing to-day todisplay our paper if they can return itif unsold. It really is a fine opportunityfor us and one of which we should makethe most.

Yours faithfully,ROBERT FOWLER.

117, Cathedral Road, Cardiff;October 30th, 1939.

FOR THE CENSORDear Sir,

May I make a suggestion to yourreaders that whenever they write tocorrespondents overseas they put insomething for the Censor. This weekmy message has been "Read 'The Pur-pose of Politics', price 3d., obtainablefrom" etc.

Yours faithfully,E.M. E.

SOCIAL CREDITERSAND WAR

Dear Sir,Seven years ago, I became familiar

with the writings of Major C. H.Douglas, and very quickly began tovisualise the wonderful world envisagedby social crediters.

This period of exhilaration,speedily gave rise to one of despair, thelike of which I had not previously ex-

EDITORperienced, due entirely to 'comparison ofthe social credit vision, with the worldof the day. Such despair becameincreasingly difficult to surmount.

To-day, I find in the midst of thisMoney Powered Chaos, called "WAR",a sense of complete peace, and thoughtfar removed from that of despair, dueto my knowledge of social credit, and thepossession of an ability to use it.

lt is this peace, and thought, whichis a constant aid in the preservation ofa balance of mind, in a world wheresuch balance is becoming an everincreasing difficulty.

Yours faithfully,CRAS. E. DEAN .

Gateacre, Liverpool; October 29, 1939.

BELIEF AND UNBELIEF

The most singular and deepestthemes in the History of the Universeand Mankind, to which all the rest aresubordinate, are those in which there isa conflict between Belief and Unbelief,and all epochs, wherein Belief prevails,under what form it will, are splendid,heart-elevating and fruitful. All epochs,on the contrary, when Unbelief, in whatform soever, maintains its sorry victory,should they even for a moment glitterwith a sham splendour, vanish from theeyes of posterity, because no one choosesto burden himself with the study of theunfruitful.

-Goethe.

November 11th, 1939. THE SOCIAL CREDITER Page 3

NE,WS ANDUNCLE SENDS ARMS

America cashes in on the EuropeanWar with the signing of the NeutralityBill repealing the Arms Embargo andenabling belligerents to buy arms in theU.S.A. on a "cash and carry" basis.Somebody, at least, "thought so allalong", for four days later we hear thatthe first consignment of aeroplaneengines from America is on its way toEngland. The report adds modestly thatit is "part of an order placed last June... which, when completed, would havebeen stored in New York, had the banon such exports not been removed."

A picturesque detail is that Presi-dent Roosevelt, in signing the bill usedtwo pens, one of which he afterwardspresented to Senator Key Pittman,chairman of the Senate ForeignRelations Committee, who in the springembarassed official circles in the UnitedStates by broadcasting the policy of thereal rulers of America. He assuredAmerican isolationists that the UnitedStates would not have to fight, whileexpressing the opinion that the .demo-cratic countries of Europe should beprepared to do so.

The second pen was presented toMr. Sol. Bloom, non-Aryan chairman ofthe House Foreign Affairs Committeewho piloted the Bill through Congress.

•In the last war arms were sent to

England from America: ."Millions upon millions of rounds

of small arms ammunition sent from. America were absolutely useless, as

proved to be the case later with alarge proportion of the shells.American ammunition for rifles andmachine guns . . . in some fifty percent. of the cases split in half on beingfired, where the junction of the twopieces occurred, with disastrousresults."

-Brigadier-General C. D. Baker-Carr in "From Chauffeur to Brig-adier."

•

)

"If anyone group obtained sub-stantial predominance in Europe, weshould be faced with the necessity ofdefending the Monroe doctrine on theAmerican continent."

-Senator Key Pittman./

VIEWSOUR BRAINS-TRUST

Since the statement made byCaptain Crookshank in the House ofCommons on October 3rd that Par-liament was to be asked to vote agrant to the Royal Institute of Inter-national Affairs, members have beencurious to know what the amount ofthis grant was to be. Further in-formation about this was given yester-day by Mr. R. A. Butler,Under-Secretary for Foreign Affairs,in a written reply to a question by SirHerbert Williams.

Mr. Butler's reply was that thegrant-in-aid previously referred to byCaptain Crookshank "has not yet beenfixed, but it will probably not exceed£35,000 for the present financial year."

The subject was raised in the Houseof Commons on October 3rd by SirAlfred Knox, who asked what was theamount of public funds granted "tothe organization now installed atBalliol College, Oxford." CaptainCrookshank then replied that the RoyalInstitute of International Affairs hadundertaken certain services for theForeign Office and other Departmentsduring the war. These services in-cluded a digest of the oversea Pressand the preparation of material ofvarious kinds. This work and theremoval to Oxford, he said, wouldentail extra expense which theInstitute could not meet, and for thatreason it was proposed to ask Parlia-ment to vote a grant.

-The Times, November 8, 1939.•

Director of Studies at the Roval-Institute of International Affairs' isProfessor Arnold Toynbee:

" ... I will not prophesy. I willmerely repeat that we are at presentworking discreetly, but with all ourmight, to wrest this mysteriouspolitical force called sovereignty outof the clutches of the local nationalstates of our world. And all the timewe are denying with our lips what weare doing with our hands, because toimpugn the sovereignty of the localnational states of the world is still aheresy for which a statesman orpublicist can be-perhaps not quiteburnt at the stake; but certainlyostracised and discredited."

-Speech at Copenhagen in 1931.

Mr. CHURCHILLA recent radio programme from

Germany declared that WinstonChurchill is the bosom friend of theJewish American financier Baruch who"organised the attack on the £ sterlingand thus forced Chamberlain to yield"[to starting the war].

-Evening Standard.

Put Up the CirculationGet Rich Doing So

It is essential for the national inter-est that the circulation of The SocialCrediter should be increased withoutdelay. It is doubtful whether anysocial crediter will quarrel with thisstatement. The winning of the war atan EARLY date; that it should be avictory in the interests of the BritishPeople, instead of a clique of Inter-nationalists; that the peace which is wonshould be enduring and satisfying to theindividual: these are things whichdepend at least upon a wider recognitionof that truth which is to be found in thepages of The Social Crediter.

Articles of special public interestare to be published in the paper weekby week from December 2nd onwards.Apart from the inherent interest of thesearticles, they will provide a backgroundof knowledge which will make otherarticles in the paper more readilyappreciated and assimilated.

In order that effective use may bemade of this development by readers insecuring new readers a number of specialaids have been prepared to facilitate thiswork; and they DO make the work veryeasy.

In addition to this a special "onemonth's trial" subscription form isavailable, whereby for 2/6 the pros-pective reader may sample the paper fora month. A bonus of 1/3 will be paidfor each "Trial Reader." This com-mission should be retained by thecollector unless it is desired to donate itto the Secretariat, only 1/3 being sent tothe office. It will not be paid any otherway. On no account should this 1/3 hereturned to the subscriber.

NOVEMBER 15thto

DECEMBER 15thhas been declared as Circulation DriveMonth. A great effort is being madeby the Secretariat to make this a success.We appeal to all readers to USE THEOPPORTUNITY. Send for aids andSUbscription forms (free of charge) now.

J. M

Page 4 THE SOCIAL CREDITER

Mrs. PALMER'S PAGE

November 11th, 1939.

"Every interest of the individual is now at stake. He must be very careful not to confuse policy andadministration."-C. H. DOUGLAS.

The inner councils of World Jewry,as Douglas says, are working steadilytowards their policy of world domina-tion through finance. They are silent,as far as the public are concerned, fortheir policy does not require intelligentco-operation for its fulfilment.

They can work best in an atmos-phere of stupidity' and confusion, andthis is supplied generously by thepronouncements of our party politicians.One of' the social crediter's tasks is toclarify his own ideas to the point wherehe can "debunk" these statements asthey appear in the daily press, orbroadcast over the air. .

Since September the ordinarycitizen has realised that there is nothingto choose between Fascism and Com-munism as demonstrated by theirfigureheads "Hitler" and "Stalin." Healso understands that the. Anglo-Saxonsare fighting for "democracy", somethingvery different from "totalitarianism".What democracy is exactly, he wouldvery much like to know, although he iscertain of one thing-that it has nothingin common with uncontrolled bureau-cracy. Hence the very real and growingrestiveness under the increasing taxationand appalling restrictions imposed sincethe passing of the Emergency Act; andfatherly radio lectures exhorting us toaccept the billeting scheme in a spirit ofsisterhood, or to invest in governmentwar loan while at the same timesupporting the Christmas trade, arereceived with growing cynicism.

Put shortly, what the ordinarycitizen is trying to do is to distinguishbetween policy and administration. Hisinstinct is right (as it generally is) buthis mind is confused.

Policy means the aim or resultswhich any association has in view; thepurpose people have in mind when theyassociate together.

Administration is the means whichmust be adopted in order to attain thatresult. -

Now it is f;enerally agreed upon thatin a democracv it is the Will of thePeople which decides policy or the resultwhich the nation desires; whereas in atotalitarian state one man or a group ofmen state the required result and thepeople acquiesce.

That is absolutely fundamental.

When we have quite grasped the differ-ence between democracy and totalitar-ianism we are faced by an extremelysignificant fact. It is that' the Britishhave never yet stated the result whichthey desire from what we may call theAssociation of Great Britain and theEmpire.

In crises they have given a decided"yes" or "no". Such a "yes" wasgiven when Chamberlain declared waron September 3rd; but no one wouldventure to say that war was the policyof the people. Yet we found ourselvesforced to adopt it. Why?

We have seen that during pastyears the people had not stated theirpolicy or the results which they requiredfrom our democracy. But this doesnot mean that the nation was existingwith no policy whatsoever.

As well believe that a travellingtrain can proceed to no destination, or ashin sail for ever and never reachanywhere.

There may be disaster, of" course;and this can overtake nations as well astrains or boats whose course is notclearly seen.

But there must be a destination; ifthe people do not name it, someone elsewill.

Before September, 1939, the policy

A LONDONLIAISON GROUP

has been formed as a result ofthe meeting at 4, MecklenburghStreet, on Saturday, October 28.Meetings will be held at monthlyintervals, and social crediters areinvited to bring friends, but itmust be clearly understood thatthis is not a propaganda group.

The next meeting will be heldon SATURDAY, NOVEMBER 25th,from 2 till 5 p.m. Subject:"Federal Union." Future an-nouncements will appear on theback page of this paper.

B. M. PALMER.

of this country had been decided uponby a group of people whose sole aim wasto establish a world financial dictator-ship. The methods by which theyestablished their control have beenexposed week by week in this paper.Their acts have led this nation blindfoldthrough years of economic rivalry directto military war:

As a result of what we haveallowed them to do we are now facedwith a military enemy which must at allcosts be defeated. It was not our policy,but we consented to it, therefore, wemust take the consequences.

It is obvious that the first thing tobe done is to deal with the militarysituation. This is the task of the ad-ministration. The people trustChamberlain, who, of course, isresponsible for the administration, andfor the purpose. of winning the war theyare willing to allow very wide powers tothe men whom he has appointed aspublic servants. For the purpose ofwinning the war, yes; but they instinc-tively feel that these powers aredangerous if uncontrolled. Supposethese public servants of ours shouldforget they are our servants, and putthemselves at the disposal of some otherpolicy which is not ours?

The British people wish to win thewar, but what do they desire after that?They must formulate their policy; ifthey do not others will do so for them,and the whole of the administration, withconferred on it by the Emergency Act,will be placed at the disposal of usurp-ers of the sovereign power of the people.

"Every interest of the individualis now at stake. He must be verycareful not to confuse policy andadministration."

What part can the social crediterplay in clearing the issue? First hecan encourage people to understand thatthe autocratic powers at present beingwielded by bureaucracy must be' directedto one end only, the administrative endof winning the war; that the use of

. these powers for any other purpose (i.e.,improving peoples' characters or helpingthem to "get together" or encouragingself-sacrifice) is blasphemous nonsense;and that encroaching on the rights ofindividuals is not the way to democracy,

(continued on page 9)

November 11th, 1939.

LANCASHIREThe Federation of Master Cotton

Spinners' Associations; (chairman, W. MWiggins) in conjunction with the Par-liamentary Monetary Committee(chairman W. Craven Ellis, M.P) haveissued a "Report on War Time Finance."

This report is notable for its di-gressions from monetary orthodoxy, andbears the distinct impress of certainfactual knowledge which has beenvigorously propagated by socialcrediters for years past.

The Report shows an awareness tothe dangers inherent in the presentrestrictive monetary policy of the Gov-ernment, which is belated, but probablygives expression to a widespread ifvague apprehension existing amongst thebusiness community.

Below will be found extracts, therealism of which by no means typifiesmuch that is written elsewhere in theReport; but the extracts are neverthelessevidence of a knowledge which mightsomeday lead .to more comprehensiveconclusions than are presented.

J. M.From the REPORT:

"There cannot be any questionwhether we would be able to finance anyeffort of which, as a community, we arecapable. It is physical exhaustion, andnot any question of finance, which setsthe limits to our powers."

"No questions of financial orthodoxycan be allowed to interfere with theprosecution of the struggle. The Iimitsof the nation's power are the limits toits capacity to produce and use theimplements of war, and no such artificialfactor as financial stringency can beallowed to interfere with the exercise ofits full strength."

"It is less evident, but no less true,that the financial costs of armaments orwar, also, must be met at the time thatthe cost is incurred. Much is writtenand spoken about leaving the paymentto posterity. But all who provideservices or material for the nation's userequire payment here and now, so thatit is impossible for an unbegottenposterity to meet the bill."

BORROWING

"In considering the advisability ofborrowing, we have to distinguishbetween borrowing within the limits ofactual savings-that is, the excess of the

THE SOCIAL CREDITER

COTTON

Page 5

SPINNERS MONEYcommunity's aggregate income over thespending of individuals either on con-sumption or capital goods-and theborrowing of funds in excess of actualsavings; funds which from time to timemay be brought into existence by thecreation of bank credit and which areadditional to actual savings. As theprocess of borrowing funds of the latterkind would be inflationary in its effects,it will be considered in the section under'Inflation'. "

INFLATION.

"Inflation would make its appear-ance if the rise of prices continuedbeyond the point where present defla-tionary influences ceased to operate. Itmay be that under the stress of expand-ing Government expenditure we shallwitness such inflation in the near future.This will largely depend upon themethods by which Government needsare financed. If expanding Govern-ment requirements are financed by meansof the unregulated increase of eithercurrency or bank credit, a considerabledegree of inflation will be inevitable.... Between July, 1914, and June, .1920,the amount of currency in circulationand in the cash reserves of the banksincreased by £370,000,000. This in-crease of currency represented moneywhich had been turned out by the print-ing press, practically without costs, andit came into circulation by way ofGovernment spending. The late SirWalter Leaf said of this issue ofTreasury Notes: 'The amount andmanner of the issue was left to theabsolute discretion of the Treasury. Thiswas essentially a War Loan free ofinterest, for an unlimited period, and assuch was a highly profitable expedientfrom the point of view of the Govern-ment.' The all-important feature ofthat war-time issue of Treasury Noteswas that it provided the Governmentwith funds over and above the proceedsof taxation by a process which did notadd to the national debt."

"The above quotations [quotationsfamiliar to readers of this paper fromthe Report of the Cunliffe Committee]show conclusively that the increase ofbank deposits, which was in effect acreation of money by the action of thebanks, was an important factor in therise of prices which ensued. And whenwe remember that such privately-created

&money was invested in Government Billsand Loans which were subject to ratesof interest varying from 3~ to over "per cent. it becomes clear how. thefinancial cost of the last war was un-necessarily inflated.

"To prevent the repetition of thatexperience, measures should be devisedto ensure that, in the financing of futureGovernment requirements, any expansionof either currency or bank credit whichis necessary, should be made on behalfof the nation as a whole and not onbehalf of any private interest, as in thepast. Such funds as accrued directlyfrom the expansion of bank' credit wouldthen be available for Government usewithout carrying any interest charges."

EXPANSION OF BANK CREDIT

"The inevitable and constant in-crease of expenditure from the war willbring us, in time, to the position wherean increase in the total volume of bankcredit becomes necessary to providesufficient funds on the market to keepthe rates of interest at the desired levels.We would then see a repetition of theprocess of expansion of bank credit, suchas we have noticed in connection withthe financing of the last war. Thisraises the question whether it is equit-able or economically expedient that thevery considerable profits derived fromsuch credit expansion should accrue tothe banks, as the creators of thisadditional money.

"As the issue of money, whether inthe form of currency or bank credit,represents the issue of claims against thegoods and services of all members of thecommunity, the power of issue shouldreside exclusively with the Governmentas the representative of the communityat large. This is already the case withregard to the issue of money in the formof currency which does not differ in itsessential nature as purchasing powerfrom bank cheque-money. We saw how,during the last war, the increase of bankcredits which were loaned to the Gov-ernment involved a double payment bythe community for the use of suchmoney-once in the form of rising pricesand once in the interest payable by theGovernment for its use. Equity de-mands, therefore, that as long as privateinterests are permitted to issue suchmoney, any profits which accrue from itshould go to the benefit of the State."

Page 6 November 11th, 1939.THE SOCIAL CREDITER

THE SOCIAL CREDITERThis journal expresses and supports the policy of theSocial Credit Secretariat, which is a non-party, non-classorganisation neither connected with nor supporting anypolitical party, Social Credit or otherwise.

SUBSCRIPTION RATES:Home and abroad, post free: One year 30/-; Six months 15/-;

Three months 7s. 6d.VOL. 3. NO.9.SATURDAY, NOVEMBER 11th, 1939.

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12, LORD STREET,LIVERPOOL, 2.

Anyone who sets out to declare thetruth about anything in this worldactually engages in no less a job thanthe above. For the truth about a thingis always belied by appearances; and inspite of many well-tried sayings to theeffect that "things are not always whatthey seem", most of us go entirely byappearances.

So cleverly has the picture that ispresented to the world to-day beendressed up, that men can see no way outother than that one which .those whohave faked the picture intend them totake. They are docile because they aredaunted by appearances.

It is our job--the social crediter'sjob--to make known the truth under-lying the false financial picture of things.We know; because a little, perhaps onlyan infinitesimal fraction, of the truthhas been shown to us. How are we togo about this job-a mere handfulagainst what seem like the forces ofdarkness?

Perhaps it is just at this point thatwe need the warning, no less than theworld at large, against allowing ourselvesto be daunted by appearances. It istrue that on the side of the enemy aremassed all the material weapons: pacts,intrigue, propaganda, financial credit,armaments. On the face of it, it lookspretty formidable, and we have nothingequivalent to set against it. That ishow it appears, but what is the reality?

If in the case of what is called "thefinancial position", which is presented tothe community at large as an adaman-tine, physical negative, we havediscovered that facts and appearancesare not only dissimilar, but the oppositesof one another, it is not unreasonable toassume that discrepancy exists betweenthe appearance and reality of our ownparticular problem. Because socialcrediters have got rid of illusions as to

MOUNTAINSthe creation of credit, it doesn't necess-arily follow that they have got rid of allillusions.

We have the truth then, upon thisvital question of credit. It is our onlycard, against those who hold all theothers. How are we to use it-to"make our light so shine . . . " thatanything is achieved? What makes trueknowledge effective?

There is only one answer: faith.No matter how unsatisfactory thatanswer may sound to many, there is noother.

Do we really believe in the: efficacyof Truth? In its effective power? Init, as the only power, in the samescientific sense as we believe that thereis only way of arriving at the sum of twofigures in mathematics? That is thecondition of mind we want to achieve.

Absolute Truth and absoluteReality are hidden from us. No manknows the Truth. No man has actuallyseen Reality. And in that fact lies thesupreme need for faith, for religion, inthe proper sense; the need to bindourselves back to Reality-towardsReality; because, since it is unknown,Reality must remain for us no more thana direction.

The Planner is he who has no faith.As Douglas has shown, the planning,

doubting, material intelligence, demandsa specification and blue-print, completein every detail, a map of the road he isto travel. Whereas the main fact aboutlife is that we have to go forward with-out a chart, or submit to not goingforward at all, or to going back.

The alternative is faith,-the sub-stance of things hoped for. Without itthere can be no forward movement, onlyretrogression.

Faith is propulsion, motive-power,

steam. Lacking it, a man cannotpersist in the face of appearances, whichare invariably set against forward move-ment. Faith is knowledge thatcontradicts appearances, and finallypenetrates them.

These are not easy matters to makeclear, but there is an analogy that mayhelp. In southern Norway there is alake called Suldals. As you steam upit you are confronted by a cliff of rock.It is the end of everything-sheer, threeor four hundred feet, unscaleable, im-penetrable.

But the captain of the steamer hasfaith-knowledge which transcends theapparent. He steers straight for thewall of rock, and, literally, when thelittle boat seems to be about to flattenher nose against its base, a passageappears, as though a huge lock-gate hadopened.

The advocates of Truth are alwaysconfronted by an equivalent "appear-ance",-an impenetrable wall ofprejudice and mis-information andconscious hostility. And only faith, asdefined above, can give one the propul-sive power and necessary steerage-way togo straight for it. It isn't speed anddash that is wanted. The future can'tbe taken by assault. It is just persis-ence. The little lake steamer didtwelve knots at most-but she gotthrough, because those who directed herknew, and faith and knowledge are one.

There are times undoubtedly whenthe job in front of us seems impossible.But remember this, if we are right, if wehave facts on our side, that impossibilitymust be of exactly the same nature asthe financial negative which confrontscivilization to-day-no more, and no lessreal. It is only an appearance, a pro-jection. The negative is in our minds,not in fact.

N. F. WEBB..

EVACUEE No. 1.

Mr. Chuter Ede, in Parliament onNovember 2nd, said:

He was very disappointed to hearthat the first of the evacuation camps tobe built and occupied was occupied bythe Bank of England.

"That," he added, "is a clear in-dication of who rules the country. Mr.Montagu Norman (Governor of theBank) clearly comes before the childrenwho might have been evacuated to thesecamps."

November 11th, 1939. THE SOCIAL CREDITER Page 7

THEWhat mischief is The Times up to?We have been told the war is to

last three years, and at the close of thesecond month The Times is spending itsspace to propagandise on the theme thatit is time to sink England in a UnitedStates of Europe. Perhaps the greatbulwark against the abuse of govern-mental power is having its fling againstSir John Anderson? Or against myLords Runciman, Zetland and Newtonwho, with Captain Crookshank, con-stituted "His Majesty's" Privy Councilon September 1st and passed an Ordernot seen by Members of Parliament orthe public until after war had beendeclared, which destroyed the effective-ness of the Rule of Law, "the constit-utional basis of British freedom." Itcould not be that only The Times andpropagandist organisations animated bythe "ideals" of Israel Moses Sieff, enjoyimmunity from the new and secretpunishments designed for those winoffend the Bureaucrats! These punish-ments cannot have been invented merelyto secure a relative and respectful hush'in which authorised disputants hear eachother's "free and responsible" voices,but no one else's!

A nation-wide campaign has beenlaunched by agents who are "planners"(or should it be "plotters"?) to a man:"leftist" internationalists everyone ofthem. Have they captured The Times?

A privileged correspondent of thenewspaper on November 3rd wrote anarticle which "looks for the creation ofconditions, in the economic as well as inthe political sphere," [Political andEconomic Planning] "favouring amovement towards a federal solution asan escape from the necessity of fightinga major European war every 25 years."

This is not an alternative. It is adiabolical threat. It neglects theessential difference between saying "Ifyou put your finger in the fire you willbe burnt" and "If you don't put yourfinger in the fire you will be flogged."

It means:"If you, England, will not sub-

merge your identity and merge youraffairs and sink your funds in asuperior government; If you, England,will not disband your forces andsubmit to external control over yourpowers of resistance to force; If you,England, pursue an economic policynot harmful for Englishmen butharmful to "the international com-

munity "-or International BankingFraternity?"-;

If you, England, do not come upfor judgment when called upon; Ifyou, England, do not sink, jewel thatyou are, into the Silver Sea;

It will be "necessary" for you tosubmit to a major European war oncein every twenty-five years.

That threat certainly is not a matterfor some secret sentence by some sly andsecret committee. It ought to be amatter for the most public of publicprosecutors, the people of England, tobring to trial and to judgment-theirown judgment.

That the proposals sponsored byThe Times are not distorted by the fore-going presentation of them may besettled by consideration of the followingfrom that newspaper:-

"It may well be that eventuallythe solution of European or evenof world problems is some form offederation, but at the present stage itseems impracticable to attempt morethan to create favourable conditionsfor federalism to develop. Suchconditions may include: - ..:

"A European Council with a commonfund contributed by its member states;

"Internationally supervised limitation ofarmaments;

"The provision of means whereby theinternational community can protect itselfagainst harmful economic policies on thepart of its members;

"Compulsory third-party judgment;"Facilities for peaceful political change;"Further development of international

agencies in industry, agriculture; finance,and communications; and

"Propaganda for international purposesto combat excessive nationalism and topromote common aims."

So far from exaggerating the pro-posals which "propaganda for inter-national purposes" is already pressingupon public attention, therefore, ourparaphrase omits to emphasise theirembryonic character and to expose thenature of present "international agencies"of which further development is con-templated.

In consideration of the fact thatthese same "international agencies" havealready prevented the natural develop-ment of every country in the world,wasted its substance, dissipated itsresources, and made its economic lifesubordinate to the necessities of the

PLOT"international agents" who mask the"international agencies," of which notthe least is the precipitation of a majorEuropean war every 25 years, is thereany reasonable ground for viewing anenlargement of their plans with anythingbut the profoundest misgiving?

In concrete terms, they "offer" £100millions a year to raise the standard oflife in Europe and its colonies overseas.Since the population envisaged cannot befar short of half the world's population,or 1,000 millions, the "offer" comes 102/- per annum per head, and if thepeople can be got to view it in that light-it's 'off'! The amendment of 'RuleBritannia' to confirm to servitude ofBritons in exchange for a rental of twobob a year (subject to depreciation, dis-count and manipulation) may be left tothe inspired.

Has it been noticed how extreme aprecocity is shown by our "planners"(or "plotters", as the case may be)?Here is one fenced in with apologies bythe leader-writer and the sub-editor inreinforcement of his-own, that what isforecast is only a modest start, confront-ed with "formidable" difficulties. Yetall is so ready when the details areexamined. Is this another offspring ofthe state-departments working to theorder of P.E.P.?

"We have in being -to-day," per-suades the anonymous correspondent, "inthe Supreme Council and the inter-Allied High Command, a standing organof government with a powerful influenceover two distinct sovereign States, anda combination of armed forces underunified control." [But do the Frenchand English people know their countriesare subject to this "powerful influence"-backed by "armed forces"?] "If bycommon consent these arrangementscould be kept functioning after the warit would only be necessary to add to theSupreme Council representatives of otherStates, and to add to the armed forcescontingents from ex-neutral and ex-enemy countries in order to have aninternational organ of government withan international police force at itsdisposal. "

So perhaps the diabolical thing hasreally been done, and The Times ismerely telling us now so that the re-maining 34 months of war may sufficefor the so-much-more it has left over totell us of our fate.

If it has not been done, it has at

'Page 8 THE SOCIAL CREDITER November 11th, 1939.

least been planned; and where it hasbeen planned is accessible to conjectureif the following sentences be compared:

(a) " ... it is not only inevitable butdesirable that citizens less burdenedwith responsibility [than members ofresponsible governments] should ex-plore the subject." (The Timescorrespondent).

(b) "What Lord Lothian asked fromour American friends was not tofight, but to think with us, and tosome extent for us." (The Times

leader-writer).

How inspired of Lord Lothian to ask"our American friends" to do our think-ing for us: it is not the last thing thatwould have occurred to them in WallStreet, for they have been doing it, withdisastrous consequences for us and forthe world, certainly since 1914 andprobably since the voyage of the Mav-flower. "We have not very much timefor thinking," said Lord Lothian.

In a world whose chief if not itsonly technical difficulty is to obtain its

own permission to make and to use its ", ,own things, it is self-evident that the v))powers to make and to use thingsinherent in the temporary possession of <e-'2/- per head per annum is neither herenor there. The world has yet time tothink this. The suggestion that £100millions represents a reasonable quid proquo for the sacrifice of the nationalliberties of the nation's of Europe is-Jewish. Advocacy of such proposalsby The Times is a betrayal of thenation.

T. J.

THIS PLAN BRITAINTO CONTROLBy JOHN MITCHELL

Bureaucracy and Earl BaldwinThis article shows that the present bureaucratic

fever is only the logical outcome of a policy consist-ently pursued since the war of 1914-18.

Who is responsible to the people of England forthis policy?

The Rating and Valuation Act of 1925 was thefirst enabling act allowing extraordinary powers tothe Minister to make rules and regulations to "removedifficulties."

In 1926 the Empire Marketing Board was started;Agricultural Marketing Acts of 1931 and 1933 arethe basic legislation that enabled, in 1933, the hops,pigs, bacon, milk. and potato boards to start theirflood of regulations, control, petty officials and paperforms. In 1914 the total amount of money spent oncivil services was £93 millions; in 1924 it was£213 millions, and in 1938 £500 millions.

The Electricity (Supply) Act, 1926, provided forthe setting up of the Central Electricity Board forGreat Britain. The Board was set up in 1927.

Bureaucracy, in fact, dates from the last war.IT ANTEDATES Mr. CHAMBERLAIN (1937

-); and its inception coincides with Earl Baldwin'scontrol of policy-(1923-24, 1924-29, 1935-37); butits Fabian origin and the support it gains from allparties betrays the existence of a power above partiesand governments.

Critics of the warplanning which is being carried outin Great Britain are many and varied, but few among themappreciate that it is but the continuation of a consistentpolicy which has been persistently pursued since the lastGreat War. The aim of it is to centralise andconcentrate power into the hands of a few individuals, whoare already in control of the banks, insurance companies andother large financial institutions.

By a system of interowning stocks, interlockingdirectorates, assignment of spheres of interests and by amutual arrangement of interests, the banking-.system is one

whole, presenting different fronts in different corporatenames.

When the World War ended on November 11th, 1918,Great Britain was relatively prosperous: her people werefully employed, industry was flourishing, and wages weregood. These conditions continued throughout 1919 andmost of 1920. A great industrial crisis then supervened,with unemployment on an unprecedented scale; wages fell,profits vanished, and company reconstructions, bankruptciesand suicides rose alarmingly in number. This vast changefollowed on the the election of Mr. Montagu Norman to the \.".£/Governorship of the Bank of England and the inaugurationby him of a 'policy of currency and credit contraction.

When Mr. Montague Norman began these proceedingsin 1920 no more than 2.4 per cent. of Britain's workers wereunemployed, as compared with 3.3 per cent. in 1914. ByMay, 1921, after the deflationary money policy had takeneffect, no less than 23 per cent. of the workers wereunemployed. In three years from December, 1920, toDecember, 1923, wages fell by 40 per cent.

One result of this policy on the industrial side was thatholdings of war loan which had been taken up by the in-dustrialists passed from them to the banks in return foraccommodation during the long depression, and the BritishNational Debt to-day is almost entirely held by the banksand other financial institutions.

With their holdings of War Bonds and other reservesabsorbed, industrial concerns throughout the country wereplunged into difficulties as the depression progressed. Thesedifficulties, according to the evidence presented to theMacmillan Committee (appointed by the Government) byvarious industrial organisations, were much increased in thecase of small concerns by the change that had come· overBritish banking. During and immediately after the warenormous bank amalgamations were effected, and five'colossal banking combines with centralized administrationcame to control the economic life of the country.

The great difficulty in the way of obtaining capital forsmall concerns was dwelt upon at length by Mr. E. L.Payton in giving evidence to the Macmillan Committee, on'behalf of the National Union of Manufacturers on February27th, 1930. ........,

Further evidence as to the starving of small individual

November 11th, 1939. THE SOCIAL CREDITER Page 9

(\...._,, traders was given by Sir William Perring, President of the~ :/ National Chamber of Trade, an organization representing.~ some 360 local Chambers of Trade. He said:

"The development during the last 20 years of largemanufacturing units, as against the old system of a largenumber of small units, has, in our judgement, not fulfilledthe expectations which were held as to the general ad-vantage that would ensue from the anticipated reductionof productive costs ... "

The banks, continued the witness, did not treat thesmall man with the same consideration as in bygone years.The history of industry in Britain had been one of growthfrom small beginnings, but it had become much more difficultin consequence of the change in banking policy for a manwith brains and organising ability to start as a master man.

On members of the committee questioning this view,the witness said:

"In each provincial town which you go in to-day, if youwalk up the main street you will see five businesses 011t

of six are multiple shops or chain shops. That is theposition in the main street. They have been secured atfabulous rents and premiums. The banks handle themoney of these multiple shops. The small man is beingsqueezed out, and I think ultimately it will be to thedetriment of our people as a nation."

In giving evidence before this Committee, Sir GuyGranet, a director of the Bank of England, emphasised thattact was obviously needed in operating the bankers' policy:

"It would be a dreadful thing," said Sir Guy, "ifindustry thought that here was a body of bankers whowere going to tell industry how they ought to be organ-ised: that would at once get their bristles up."

Sir W. H. N. Goschen, chairman of the NationalProvincial Bank, had stated:

"They are very much in the hands of the banks in thisrespect, that the banks are able to put them in liquidationif necessary."

Lord Macmillan asked:"The power behind your advice is 'If you do not take

that course we shall cut off your supplies'?"Sir W. H. N. Goschen replied: "Yes."

The next big instalment of the process of rivetting thisiniquitous tyranny upon the British people occurred in 1930-31. The slump of this period was engineered by thesame policy of credit contraction. This time it wasinitiated by the American end of the International Financiers'Ring.

Referring to this slump in the U.S.A. Congress onDecember 15, 1931, Mr. Louis T. McFadden, ex-Presidentof the Pennsylvania Bankers' Association and for twelveyears Chairman of the U.S.A. House of Representatives'

Banking and Currency Committee said:"It was not accidental. It was a carefully contrived

occurrence-The International Bankers sought to bringabout a condition of despair here so that they couldemerge as the rulers of us all."

It is a very necessary condition for the progressivedevelopment of the operations of the Soviet Planners inGreat Britain that catastrophe, slump and crisis shouldoccur. These conditions provide the ground which enablethem to rivet their soviet planned organisation upon thevarious sections of the people.

• • •In 1931 the organisation' known as P.E.P. was formed.

This organisation has never come near to obtaining thatmeasure of attention from the general public to which itsenormous influence entitles it, and in this connection it isinteresting to record that on the first issues of its privatejournal, Planning, was printed a notice which included thefollowing statement:

"You may use without acknowledgement anythingwhich appears in this broadsheet, on the understandi.ngthat the broadsheet and the group are not publiclymentioned, either in writing or otherwise."

The first chairman of P.E.P. was Sir Basil Blackett, adirector of the Bank of England, who was succeeded by thepresent holder of that office, Mr. Israel Moses Sieff. Sinceits formation individual traders, farmers and small businesseshave lost initiative and independence, and in their place hasbeen substituted standardisation, monopolies, trusts andmarketing boards, all under the rule of what Mr. Sieff callsPLANNING AUTHORITY.

Possibly the most notable feature of government inrecent years has been the remarkable growth of planning.It is to be found, atnong other places, in the Pigs MarketingBoard, The Electricity Grid, B.B.C., Import Duties AdvisoryCommittee, London Passenger Transport Board and RetailTrading Standards Association.

That conditions of peace were not favourable for thecompletion of THE PLAN was evidenced in a statement inP.E.P.'s journal for October 4th, 1938. This said: "Wehave started from the position that only in war, or underthreat of war,. will a British Government embark on largescale planning."

Those persons who cling to the view that the presenttragic state of the world is merely the result of an obstinateand blind adherence to certain outworn economic doctrinesby bankers and politicians, and not a necessary stage for thefurtherance of A PLAN administered by an all powerfulclique of internationalists, would do well to ponder over theconsistency of that policy of centralisation which is pro-gressively dominating the lives of all men, where everythingelse appears chaotic and inconsistent.

JOHN MITCHELL.

"The Choice"-continued from page 4.but· to the totalitarian state.

Having shown the part that the) administration should play the social

/ crediter must encourage people to statey clearly what concrete results they desirefrom the association of Great Britain andthe Empire after the war is over. This

will be their policy and it is not amoment too soon to state it.

Enormous material resources andman power may be released as soon asthe fighting ceases. Do people wishthese powers to be used to provide everyone of us with more goods andservices, more leisure, more freedom in

fact, or do they wish to place them atthe disposal of a state controlled by theJewish International money power, andserved by an insolent bureaucracy?

Those are two possible policies. TheBritish people may choose the first; ifthey don't the second will be forcedupon them. B. M. PALMER.

Page 10 THE SOCIAL CREDITER November 11th, 1939.

THE POLICY OF THE RACEJEWISHThere is no problem the solution of which is more vital to civilisation than the "[ezoish. Problem." The '[ezoish

race is unique: its members seem to have behaved with consistency throughout thousands of years.The nature of the results produced by this behaviour forms the policy of the race, which is the expression in

practice of its philosophy; and the effect of that policy on other peoples is what has built up the "[ezoish. Question."This is one of a series of articles giving an account of the relations of 1ewry with some other cultures.

I t is taken largely from '[etoisli sources, and therefore presents the policy of the '[ezoish. race according to its oumrecords. It is NOT an assessment of the success or otherwise of the policy disclosed.

I1B. THE HOUSES OF ROTHSCHILD,MONTEFIORE, JOSEPH, SOLOMON and

SASSOON [The British Empire].UNION OF SOUTH AFRICA.

'[ezoish Year Book, 1939:"Jews have been connected with the Cape of Good

Hope from the earliest days of South African History.Jewish pilots accompanied the Portugese navigators. Jewswere included amongst the Dutch East India Company'sofficials [and several Jews were directors on its board]at the Cape and have held official positions in the Britishadministration since 1806."

'[etoish. Encyclopaedia:"Benjamin Norden, Simeon Markus together with

a score of others arriving in the early thirties were com-mercial pioneers, to whom is due the commercialawakening of almost the whole interior of the CapeColony . . . Julius Adolph and James Mosenthal . . .became the originators of the mohair industry . . . Aaronand Daniel De Pass were the first to open up Namaqua-land and for many years were the largest shipowners inCape Town, and leaders of the sealing, whaling andfishing industries. Jews were the first to take to ostrichfarming* [Joel Myers] and the first rough diamond dis-covered on the Kimberley Diamond Fields was bought byLilienfield of Hopetown. Jews are among the directorsof the De Beers Consolidated Diamond mines, whichcontrols a great part of the world's diamond output to-day.

Government:"Saul Salomon, the leader of the Liberal party had

been called the 'Cape Disraeli'. He several times declinedthe premiership. Like Disraeli he early left Judaism,but always remained a lover of his people. The Gideons,the Moss, and the Isaacs families were all related to theSalomons ... Simeon Jacobs, who was a judge in theSupreme Court of the Cape of Good Hope as the actingattorney-general of Cape Colony introduced and carried in1882 the Cape Colony Responsible Government Bill, andVoluntary Bill (abolishing state-aid to the Anglican'Church) for both of which bills Saul Salomon had foughtfor decades.

"At Kimberley there was established a synagogue[1901] to which Cecil Rhodes was a large donor."

ORANGE FREE STATE."For forty years after the establishment of the Orange

Free State in 1855 one or two German Jewish families, manyof them from Hesse-Cassel [see The House of Rothschild]were to be found in nearly every hamlet, together controlling

* The products of ostrich farming is, one presumes, ostrich feathers?

---_ .._---

the larger portion of the trade of the Free State . . . abeautiful synagogue was consecrated [at Bloemfontein, thecapital] in March, 1904 in the presence of the Lieutenant-governor, the executive council and the justices of thecolony.

Despite their small number Jews have from the first -occupied an enviable position in the Orange Free State.Isaac Baumann was twice mayor of Bloemfontein and alsodirector of the National Bank. M. Leviseur has beenconnected with the State Museum, the Volks-hospital andnearly all other state-institutions since their respectivefoundations, and W. Ehrlich, the president of the congrega-tion is also deputy-mayor of Bloemfontein, chairman of theChamber of Commerce and member of the Inter-ColonialConference."

NATAL."Seventeen years before the formal annexation of Natal

by the British, and ten years before it was reached by theBoers, Nathaniel Isaacs was its 'principal chief'." \,.

Tchkka, called the Attila of South Africa, issued thefollowing proclamation:

"I Tchaka, King and Protector of the Zooloos, dohereby create my friend Mr. Nathaniel Isaacs 'IndunaIncola' or principal chief of Natal and do grant and makeover to him . . . a free and full possession of my territoryfrom the Umlass river westwards of Natal, etc., ... freeand exclusive right to traffic with my nation . . . so does'the powerful King Tchaka recompense Mr. NathanielIsaacs for the services rendered to him to subdue 'Batiaen Goma', and for the great attention to my people inthe mission sent with him and Captain King to concludean alliance with His Brittanic Majesty."

Isaacs left Natal in 1831 when Tchaka's successor hadprepared the massacre of the few white people living there.Later Jewish events in Natal merely repeat on a smallerscale those in the Cape Colony.

TRANSVAAL.'[etois]: Encyclopaedia:

"Of the big Mining Houses which since the discoveryof gold control the output in the Transvaal, the Barnatos,Neymann, Albu and several members of the firm ofEckstein are Jews.

"In 1884, Samuel Marks [born in Neystadt-Sugind,Russia] went to the Transvaal and through his coal,copper, gold and diamond mines, model farms and glass,brick, jam and spirit factories accumulated great wealth.

"A dramatic interest attaches to the struggle continuedfor a decade for the removal of the special Jewish dis- \,.abilities. President Kriiger and the executive were

November 11th, 1939. THE SOCIAL CRED ITER Page 11

frequently petitioned in every possible manner . . . thepresident urged the substitution of the words 'Those whobelieve in the revelation of God through his word in theBible' for the word 'Protestant' which change wouldlargely have modified the illiberal provisions, but theVolksraad [parliament] both in secret and open sessionrejected the proposals."

And upon these events there followed the declaration ofwar between the British and the Dutch, a war that, inHillaire Belloc's words, 'was openly and undeniably pro-voked by Jewish interests in South Africa' and which 'wasso unexpectedly prolonged and proved so unexpectedlycostly in blood and treasure.'*

When, however, after three long years the war did cometo an end the above-mentioned Samuel Marks [coal, copper,gold and diamond mines, etc.] put in an 'unexpected'appearance at the peace conference:

"An intimate friend of Kriiger, and enjoying theconfidence of General Botha, De Wett, and Delarey, andthe respect of Earl Roberts, Lord Kitchener and LordMiln he played no inconsiderable part in the negotiationsfor the cessation of Anglo-Boer hostilities at Vereeniging,May 29, 1902."

In 1914, South Africa, having obtained a Unitaryconstitution in 1909 and, having in common with Australiaand New Zealand, introduced compulsory military training,was ready to answer the call. In command of the SouthAfrican troops was General Smuts, who, at the "cessation ofhostilities" attended the Peace Conference of Versailles, onwhich occasion he, like President Wilson, was painted bySir William Opper. Early this year [1939] the portraitarrived in South Africa where it was presented to the UnionParliament by Sir Henry Strakosch, chairman of the UnionCorporation, on behalf of Mr. Bernard Baruch, of NewYork.

»

EMPIRE OF INDIA.'[ezoish. Encyclopaedia:

"The first foreign Jew to settle in India was JacobSeman of Baghdad. He settled at Surat about 1680 whenthe first English factory was built, and was followed byseveral more from the same region . . . seeing Bombaygrowing in commercial importance, Semal moved the seatof his business thither. The new settlers in Bombaywere very hospitably received by the Beni-Israel [BlackJews]. Bombay grew in importance after SalomonSassoon had established himself there. David Sassoonwas born in Baghdad, and founder of the firm of Sassoon.He was treasurer to the Turkish governor in Baghdad andrecognized by the Jews in the orient as Nasi, prince of theCaptivity. Settled in Bombay . . . he extended hisbusiness by branches to Calcutta, Shanghai, Canton,Hongkong, and obtaining a monopoly in the opium trade,reached out to Yokohama and Nagasaki in Japan ... heendeared himself to the British by his attitude during' theIndian mutiny of 1857."2

Encyclopaedia Brittanica:"After the mutiny the entire administration was

transferred from the East India Company to the Crown... in November, 1858, at a grand Durbar held at Alla-habad the royal proclamation was published that thequeen had assumed the government of India.

,~ Hillaire Belloc: "The Jews", p.50.

"The suppression of the mutiny increased the debt ofIndia by about 40 million sterling ... to grapple with thisdeficit the government reorganised the customs system,imposed an income tax and licence duty and created astate paper currency."

Jewish Encyclopaedia:"In the second and third generation they [the

Sassoons] married into the Rothschild family [Disraeliconferred upon the Queen the title of Empress of India].The firm preserved not only its identity as bankers of theOrient, operating in London [where David's son, AbdallahDavid, was knighted in 1872 and in 1873 was thefirst Anglo-Indian to receive the freedom of the City ofLondon] but they were on many occasions hosts for theBritish government of Oriental Royalty including theShah of Persia and Indian princes. Abdallah's son, SirEdward Albert Sassoon, Bt., joined a 'crack' regiment andbecame member of Parliament.">

In 1914, India, too, was ready, and a descendant ofDavid Sassoon, Sir Philip Sassoon, acted as the secretary tothe British General of the Allied Armies, Haig, during thewas and as secretary to Lloyd George at the Peace Confer-ence after.

POST-WAR INDIA.Mr. G. N. Andrews who has spent thirty years in India

writes in the Free Press of March, 1931:"Looking back we find that our India policy has been

unsatisfactory since the 'Liberal' victory in the election of1906, and that widespread disturbance in India dates fromthe time during the war when Zionist influence throughthe medium of its henchman Mr. Lloyd George" exercisedmore :a~tive control over our national affairs. Theoverthrow of the Russian government in 1917 ... was thesignal for great activity by Zionists all over the world andresulted so far as India is concerned in the appointmentof the young Jewish banker, the late Mr. Edwin Montaguas Secretary of State, who, on arrival was frank enough tostate that he was out 'to deliberately disturb the patheticplacid contentment of the masses.' Subsidising through'Moscow' the Indian 'Nationalist' movement the Zionistsfrom the outset of their Bolshevik success in Russia andand their attainment of political ascendency in GreatBritain proceeded to bring British authority into contemptand subvert law and order through weak government anda liaison established between Mr. Gandhi, the LabourParty and other Indian revolutionaries and Communists.

"Zionist plans were further aided by the appointment tothe Vice-royalty of the late Lord Reading, [who, as SirRufus Isaacs, had been involved in the Marconi affair .before the war, then been appointed Lord Chief Justice,and during the war been the head of the Allied delegationwhich was sent to New York to negotiate loans] . . . It isonly necessary to recall his pampering of Gandhi, the Alibrothers and other agitators, his repeal of the press act,the draft scheme for the Indianisation of the Army . . .his control of the policy of The Statesman [India's prin-cipal daily newspaper] and last, but not least, the terriblecontraction of the currency . . . B. J.

References:2 The 'Jewish Encyclopaedia.* for years solicitor to the Zionist movement.

Page 12 THE SOCIAL CRED ITER

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WOL VERHAMPTON: Will all socialcrediters, old and new, keep in contact bywriting E. EVANS, 7, Oxbarn Avenue, ..Bradmore, Wolverhampton.

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TO LET-For winter months, proportionof rent to Expansion Fund. A sunny andcomfortable furnished cottage in NorthDevon, glorious view. Two 'sitting, threebed., (sleep 5), kitchen, oil cooker, lampsand radiator, drinking 'water laid on; e.c.under cover. Garage.

Part time labour available. Apply H.M. c., Beaford House, N. Devon.

TO LET-Furnished accommodation forS.c. couple available in country housetwenty miles Newcastle, acre site, goodtravelling facilities. Also new double-wallfour-berth caravan available for family orfriends. 'Write K.R.P. Publications Ltd.,for address.

ROOMS OR RESIDENCE, small countryhouse in pleasant rural district, 50 milesNW. London.' Replies to c/o "TheSocial Crediter,' 12, Lore! St, Liverpool.

EXPANSION FUNDTo the Treasurer,Social Credit Expansion Fund,c/o The Social Credit Secretariat,12, Lord Street, Liverpool, 2.

I enclose the sum of £ ,as a donation towards the Social CreditExpansion Fund, to be expended bythe Administrators at the Sole Discretionof Major C. H. Douglas.

Name .

Address .

\Pnblished by the proprietors, K.R.P. Publications, ~

Ltd., at 12, Lord Street, Liverpool, 2. .....Printed by J. Hayes & Co., Woolton, Liverpool.