[Joe]  We need to be very certain when we deal with 
this issue that we do not inadvertently introduce 
something into Social Credit that leads back to the 
'centralisation' we are trying to get away from.
----------

[Bill]  What would that be?

Sketch for me, please,  how you believe the 'new 
credits' will be administered in relation to your 
understanding of Douglas.

Joe
--------------------

[06-23] The question was to you, Joe.  What is it
that could be "inadvertently" introduced?
--


[Bill]  And Douglas listed several corrective 
measures in his Interim Report.  Not one of them was 
the abolishment of interest.
The Depression was the direct result of credit 
contraction making it impossible for business to 
continue.  It became impossible to fulfill previous 
commitments of all types.  It became impossible to 
continue.
--
Yes, I'm aware of that.  The "Interim Report" was 
likely a clever piece of political manipulating by the
UFA government to deflate the rise of 'social credit'
--------------------

[06-23] It was written by Douglas and reprinted in his 
book *The Alberta Experiment*.  So what are you 
saying, Douglas was part of the conspiracy?
--


[Bill]  Interest was not the cause of the Great 
Depression.
-- 
It is interesting to note, from "The Big Idea", 
page 33, the description of the ''Reduction and 
Settlement of Debt Act" passed by the Alberta 
Legislature, 
--------------------

[06-23] Which says nothing about the abolishment of 
interest.




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