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Notable supporters of Social Credit or "monetary reform" in Britain in the 1920s and 1930s included aircraft manufacturer A. V. Roe, scientist Frederick Soddy, author Henry Williamson, [citation needed] military historian J. F. C. Fuller [7] and Sir Oswald Mosley, in 1928-30 a member of the Labour Government but later the leader of the British Union of Fascists.
The name Social Credit Party has been used by a number of political parties.. In Canada: Social Credit Party of Canada; Manitoba Social Credit Party; Parti crédit social uni ...
In the years around 1920 the British engineer C. H. Douglas developed a theory on banking and welfare distribution, a theory which he called "Social Credit", and which soon became the cornerstone of an international movement with the same name. However, Douglas himself warned against viewing the Social Credit solely as a scheme for monetary reform.
In 1938, Aberhart's Alberta Social Credit Party had 41,000 paid members, forming a broad coalition ranging from those who believed in Douglas' monetary policies to moderate socialists. [ 42 ] : 127 The latter group helped influence the party to form alliances with the Co-operative Commonwealth Federation and various communist groups in various ...
As the Green Shirts, the Social Credit Party played a role in the political street culture of the 1930s: marching, meeting and often clashing with the Black Shirts and the Red Shirts. The Public Order Act 1936 , which banned the wearing of uniforms by political groups, was a great setback for a movement that relied on agit-prop , but it was ...
The Social Credit Party was mothballed during the war, although Hargrave tried to keep his ideas alive through a weekly newsletter, The Message from Hargrave. He was urged to stand for Parliament in the 1945 election, but did not: only returning to public politics in 1950 when he stood as a candidate in Hackney North and Stoke Newington in the ...
In 1970, a bitter dispute at the party's annual conference saw Cracknell lose the Social Credit Party's leadership to his deputy, the more confrontational John O'Brien. The 1970 conference was described as "the most vivid example of political bloodletting in public" since John A. Lee had been expelled at the 1940 Labour party conference. [ 13 ]
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