| Subject: | Re: [socialcredit] Question for Martin | | Date: | Sunday, November 14, 2004 11:25:36 (-0800) | | From: | Joe Thomson <thomsonhiyu @....ca>
|
(Martin Hattersley wrote:-) "Alberta and BC never had the power to issue
their own currency, but
> did generate prosperity in their economies by encouraging inflows of
> capital from other, less dynamic, provinces. Alberta's Treasury Branch
> system was the nearest approach that was possible in those circumstances -
> and it has worn very well within its limitations.
---------------------------------------------------------
Martin, with your background in Social Credit and Law perhaps you may know
the answer to this, or whether it was ever definitely determined: Douglas
seemed to be of the opinion that the Provinces, while constitutionally
unable to issue their own 'currency', very definitely controlled their own
'credit'. Did any of the Court cases ever determine otherwise?
Joe Thomson
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