Country Party (New Zealand)
The Country Party of New Zealand was a political party which appealed to rural voters. It was represented in Parliament from 1928 to 1938. Its policies were a mixture of rural advocacy and social credit theory.
Harold Rushworth, party leader and MP, 1928-38.
Social credit is a distributive philosophy of political economy developed by C. H. Douglas. Douglas attributed economic downturns to discrepancies between the cost of goods and the compensation of the workers who made them. To combat what he saw as a chronic deficiency of purchasing power in the economy, Douglas prescribed government intervention in the form of the issuance of debt-free money directly to consumers or producers in order to combat such discrepancy.
C. H. Douglas, founder of the "social credit" economic theory, in Edmonton, Alberta, Canada.