I have written this book because I believe that the fate of civilisation, as we understand it, depends upon a more widespread knowledge of the principles of real democracy. Democracy is being challenged all over the world. It must answer the challenge or die. How many of us have thought about this matter? Perhaps some do not desire to think. Does the average citizen know what a real democracy is?  No.

We ask thousands of our young men to sacrifice their lives on the battlefield in order that democracy may survive; is it too much to ask those of us at home to also make some sacrifice, a sacrifice of those worn-out shibboleths and prejudices responsible for the growing chaos?

The present situation is a challenge to every man and woman. Dare we ignore it?

- -  The Author

INTRODUCTION

This article was published in The Canadian Intelligence Service in October of 1968.  It has been reproduced at this time because it may well be that desperate people now need its message more than at any previous time.  The author, Mr Eric Butler, is the well-known Australian lecturer and writer on international affairs, politics, economics and history.  He has spent much of his life directing the attention of ‘conservatives’ to a weakness in their movement — a failure to understand the realities of finance, and how their ignorance in this field is continuously, and effectively, used to hamstring them.

Mr Butler claims that no conservative movement can halt the growth of the Welfare State, Socialism or Communism, until it promotes a change in the basis of credit creation and its control. He warns that centralised credit control is a powerful instrument being used to create a programme of economic and political centralism, leading ultimately to the World State, or to the collapse of civilisation.

The result of failing to observe such warnings has been that the true conservative has largely been drawn into the dialectical left/right debates designed to obscure the root cause of the present political and economic discontent.  Verbal champions of freedom have often persuaded him to offer his allegiance to alleged ‘conservative’ or ‘Right-wing’ political parties, who, while continuing to further the causes of revolution, publicly maintained the pretence of "anti-Socialism."

This has produced, as intended by those in charge, the required degeneration in the social morale and credit, issuing in "the sort of irrational and furious discontent which can be channelled into revolutionary violence."  But the famous British historian, Sir Arthur Bryant, in his preface to his excellent "Spirit of Conservatism," maintains that “With the ‘malice which the rage of party stirs up in little minds,’ the true Conservatism has no part." '

In his preface to Sir Arthur's book, Colonel John Buchan describes the true Conservatism: "It is not an abstract dogma, for it is always close to facts.  It is based upon certain fundamental principles, but inside these principles it cultivates a wise opportunism.  Above all things, it is a spirit, and the fruits of that spirit are continuity and unity."

There is still in New Zealand, a tough core of common sense and mutual faith which may yet save the nation from the worst extremes of Socialist tyranny.  But like a rudderless ship, the true conservative movement is powerless to make a constructive contribution towards reversing current trends toward the Socialist State without grasping the realities of finance.  This booklet makes that challenge to New Zealanders.

David Thompson,  Director, New Zealand League of Rights.

Distribution of Co-operative Production

  THE distinguishing feature of the modern co-operative production system, depending for its efficiency on the principle of the division of labour, is that the production of the individual is in itself of decreasing use to him, as the sub-division of labour and process is extended. A man who works on a small farm, can live (at a very low standard of comfort and civilization) by consuming the actual products of his own industry. But a highly trained mechanic, producing some one portion of an intricate mechanism, can only live by casting his product into the common stock, and drawing from that common stock, a portion of the combined product through the agency of money. 

         Social Credit 131. 

 Lament of the Commonwealth Bank

A hand-maiden, where once I ruled 
A Queen from sea to sea! 
No task too vile to set me to, 
Who strove to make you free
God! Did I once stand upright 
from My frightful servitude 
And wear upon my beaten brow
The crown of nationhood? 
As in a dream I see them pass, 
My deeds of long ago.
My bright Homes, filled with happiness, 
In peace and comfort glow. 
My Credit flows in running streams
To help you in your need. 
It saves you from the usurer’s grip, 
And private banker’s greed. 
When Ruin turns his grim face
on Your primal industries,
My ships steam swift, and carry forth 
Your produce overseas.

Richard Darcey (1871 – 26 July 1944) was an Australian politician. Born in Launceston, Tasmania, he received a primary education before becoming an apprentice jeweller. He eventually became a jeweller in Hobart, and rose to become President of the Retail Jewellers' Association. 

In 1937, he was elected to the Australian Senate as a Labor Senator for Tasmania. He held the seat until 1943, when he was defeated, having been demoted to fourth place on the ballot to make way for Tasmanian state minister Nick McKenna. Darcey died in 1944

...Wikipedia

A SHORT HISTORY OF THE BANK OF ENGLAND by ED Butler

INTRODUCTION

Most orthodox history that is crammed into the heads of our children is one long list of contradictions. There is no real background to our social development because the main underlying factors have been completely ignored.
The part played by the money system in the growth of society has been tremendous;
yet how many of our historians mention it? 
We teach our children about the development of the British Commonwealth of Nations, although the real basis of this growth has been either neglected of distorted, while the development of that powerful, private and anti-social institution, the Bank of England, is very rarely mentioned.