Harry Alchin-Smith for East Coast electorate

Gisborne identity Harry Alchin-Smith is standing in the East Coast Electorate for the Democrats for Social Credit Party at this year’s election.

“The up and coming election will be the fourth time I have put my name forward to represent the people of Gisborne and the East Coast.

“Over the intervening years nothing has occurred in the governance of New Zealand, which has altered my commitment from the basic principles manifest in the ideas and values of the Social Credit movement as expressed in the Democrats for Social Credit Party.

“Quite the contrary. Events of the economic collapse of the 1980s, have strengthened my resolve.

“Worldwide, American and European governments' creation of astronomical quantities of government created money (quantitative easing) to bail out banks that should have been left to fail.

“Even the Reserve Bank of New Zealand joined the rush by making available a credit facility of $5,000,000,000 to the five Australian Banks should they need it - which seems a ludicrous gesture given the sixty three billion dollars owed by New Zealand Government to our overseas debtors.

“Imagine such a credit line being made available to our own local territorial authorities. Imagine the roads, bridges, schools, hospitals, railways, health, and education services.

“The Democrats for Social Credit Party is advocating nothing that has not been undertaken by New Zealand in the past with great success. The first Labour Party Administration, creation of 13,000,000 pounds by the Reserve Bank of New Zealand, (today's equivalent of twenty seven billion dollars) with a population of one and a half million people!

“I am proud to represent a party at the forefront of many initiative ideas far and away ahead of any other party in New Zealand.”

ENDS

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