For loans without interest

Written by Louis Even on Sunday, 01 January 1961. Posted in Social Credit

The campaign for loans, free of interest charges, which was launched first by our French-language paper, Vers Demain, and which has been carried ahead vigorously by the Union of Electors, formed about this paper and its English-language brother, has gained momentum and spread. It has made a tremendous impression in the province of Quebec.

Since the beginning of the campaign numerous municipalities and other public bodies in the province, answering the call from local Crediters, have adopted this resolution or other resolutions voicing the same ideas. Recently, however, a very important organization of the province, a corporation encompassing all of the municipalities in Quebec, has lent its powerful voice in support of the principle enunciated in the Crediters' resolution.

The very influential L'Union des Municipalités de la Province de Québec, during the course of its 38th congress, held at the Queen Elizabeth Hotel in Montreal, adopted a resolution which was reported by the local papers of August 31 last, in this fashion:

The Union of Municipalities of the Province of Quebec asks that some means be found whereby the municipalities will be enabled to obtain loans without interest charges, or at very low rates of interest.

This statement is perhaps not quite so strict and definitive as the resolution set down by the Union of Electors, and adopted by so many individual municipalities, but then it must be realized that here is the representative organization of all of the municipalities of a great province, demanding that they not be obliged to pay one and half times, twice over and often more, for the works, goods and services which are, in the final analysis, the fruit of the labour of the population making use of their talents and of the natural resources of the land which are by right their property.

A few years ago, such a statement from a body representing so many towns and cities, would have been simply unthinkable. And it would be so today were it not for the aggressive and unceasing activity of Vers Demain, and the Union of Electors, and the vast number of the movement's membership who never stop working. This is but one example among many, of the very considerable influence exercised by our movement, especially since the day it took its stand against the sterility of party politics and elections.

About the Author

Louis Even

Louis Even

Leave a comment

LOGIN_TO_LEAVE_COMMENT