|Subject:||Re: [socialcredit] Re: Article by Richard Cook|
|Date:||Monday, December 17, 2007 17:24:23 (-0700)|
|From:||Martin Hattersley <jmartinh @....ca>
|In reply to:||Message 5139 (written by william_b_ryan)|
My understanding was that the problem in the US, leading to the Boston Tea
Party, was that England demanded payment of taxes in silver, rather than in
locally produced scrip.
And let's not pan George too much. He and Douglas identified different
problems associated with the current capitalist system, and each of them
suggested sensible solutions.
Martin Hattersley, 5929-189 St.,
EDMONTON AB CANADA T6M 2J1
Phone (780) 483-5442
----- Original Message -----
Sent: Monday, December 17, 2007 10:35 AM
Subject: [socialcredit] Re: Article by Richard Cook
Joe, Richard's thought seems to be a hodgepodge of
contradictory Greenbacker, Georgist and Social Credit
elements. For example, Richard's article that you
link to contains this statement:
"The principle underlying cause of the American
Revolution was refusal by the British Parliament to
allow the colonies to issue their own paper money."
In the "monetary reformist" community this is usually
attributed to Benjamin Franklin, and is taken as an
article of faith. There is no historical support for
this attribution, which first appears in Greenbacker
propaganda from the latter half of the nineteenth
If it was the "principal underlying cause" it would
seem that it would have been mentioned in the
Declaration of Independence, which Franklin helped
. But it isn't there. Perhaps our "monetary
reformist" friends can explain why.
Richard Cook forwarded me the following link to a
recent article on the difference between
'progressives' and 'conservatives' in American
political and monetary history.
Its contents may be of interest to all on this list,
and perhaps elicit some further comment from those
more familiar with American history in these two areas
than am I.
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