Sounds like very interesting book, but I'm pretty sure I have never seen it.
The name Ascah sounds vaguely familiar, however, so I may have run close to it at
some time. I just happened to have the biography of Towers on my bookshelf,
having picked it up in a used bookstore a few months ago. I had gone looking for
the Committee hearings to check on the quotations in my mini-essay, and when I
discovered how interesting the interrogation of Towers is, I cracked open the
book to see if the event was covered in the bio.
Keith
Joe Thomson
<thomsonhiyu@shaw.ca> wrote:
That's an excellent essay, Keith.
Have you ever seen the book "Politics
and Public Debt: The Dominion, The Banks, and Alberta Social Credit"? It was
written by a Robert Ascah several years ago, and recounted much of the
background that led up to the formation of the Bank of Canada, and the whole
area of 'finance' in Canada before and afterwards, right up through the
'post-war' era til relatively modern times.
Ascah had also been an
employee of the Bank of Canada, and later (when he wrote the book), the Alberta
Treasury Branch system, and was similiarly impressed with the ability of
Towers.
The 'international' nature of central banking was revealed in his
explanations of how Towers handled the Alberta bond default, and 'isolated' what
had happened in Alberta from affecting the Dominion and other Provincial
government's ability to access credit abroad.
Also of interest was a
section on what the effect would be of an outright repudiation of government
debt would be, (the book was written when the rapid growth of Canada's National
Debt, and most Provincial government debt obligations were causing such
concerns.) Quite an interesting read.
Joe
----- Original
Message -----
Sent:
Monday, September 10, 2007 8:32 AM
Subject: [socialcredit] archives
The attachment does not bear
directly on the question about William Chant, but the content points toward an
archive that may have some interest here. My mini-essay describes a marathon
encounter between the governor of the newly nationalized Bank of Canada and
several MPs of reformist persuasion, including several Social Crediters and
especially Gerry McGeer from Vancouver.
I would like to make that archive
more widely accessible, but am unaware of an easily available technology for
doing it. As the essay notes, the archive is difficult to read. I have copied
a substantial quantity onto a CD, but don't know how to get a microfiche sheet
pasted into an optical character reader software so that I can edit. Can
anyone help me?
Keith
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