Major C. H. (Clifford Hugh) Douglas MIMechE, MIEE, (January 20, 1879-September 29, 1952) son of Hugh Douglas and Louisa Horfdern, was a Scottish engineer and pioneer of the Social credit concept. He graduated from Cambridge University, with an honours degree in mathematics. He worked for the Westinghouse Electric Corporation of America, was the Reconstruction Engineer for the British Westinghouse Company in India, deputy Chief Engineer of the Buenos Aires and Pacific Railway Company, Railway Engineer of the London Post Office (Tube) Railway and Assistant Superintendent of the RAF Factory, Farnborough during World War I. He appeared as a witness before the Canadian Banking Enquiry in 1923 and before the Macmillan Committee in 1930. January 20 is the 20th day of the year in the Gregorian calendar. ... 1879 (MDCCCLXXIX) was a common year starting on Wednesday (see link for calendar). ... September 29 is the 272nd day of the year (273rd in leap years). ... 1952 (MCMLII) was a Leap year starting on Tuesday (link will take you to calendar). ... Motto: Nemo me impune lacessit (English: No one provokes me with impunity) Scotlands location within Europe Scotlands location within the United Kingdom Languages English, Gaelic, Scots Capital Edinburgh Largest city Glasgow First Minister Jack McConnell Area - Total - % water Ranked 2nd UK 78,782 km² 1. ... Look up engineer in Wiktionary, the free dictionary. ... Social Credit is an economic ideology and a social movement which started in the early 1920s. ... The University of Cambridge (often called Cambridge University), located in Cambridge, England, is the second-oldest university in the English-speaking world. ... Euclid, detail from The School of Athens by Raphael. ... Westinghouse logo (designed by Paul Rand) The Westinghouse Electric Company, headquartered in Monroeville, Pennsylvania, is an organization founded by George Westinghouse in 1886. ... The Post Office Railway, also known as Mail Rail, is a narrow gauge driverless private underground railway in London built by the Post Office to move mail between sorting offices. ... Combatants Allies: Serbia, Russia, France, Romania, Belgium, British Empire, United States, Italy, and others Central Powers: Germany, Austria-Hungary, Bulgaria, Ottoman Empire Casualties Military dead:5 million Civilian dead:3 million Total dead:8 million Military dead:4 million Civilian dead:3 million Total dead:7 million The First World...

It was while he was reorganising the work of RAF Farnborough during World War I that Douglas noticed that the weekly total costs incurred were greater than the sums paid out for wages, salaries and dividends. This seemed to contradict the theory put forth by classic Ricardian economics, that all costs are distributed simultaneously as purchasing power. Ricardian economics is an economic model of international trade introduced by David Ricardo to explain the pattern and the gains from trade in terms of comparative advantage. ...

Douglas collected data from over a hundred large British businesses and found that in every case except that of companies heading for bankruptcy, the sums paid out in salaries, wages and dividends were always less than the total costs incurred each week. Notice of closure stuck on the door of a computer store the day after its parent company, Granville Technology Group Ltd, declared bankruptcy (strictly, administration - see text) in the UK. Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay their creditors. ...

He published his observations and conclusions in an article in the English Review where he suggested: "That we are living under a system of accountancy which renders the delivery of the nation's goods and services to itself a technical impossibility."

Social Credit is an economic theory and a social movement which started in the early 1920s, inspiring the Canadian social credit movement and New Zealand's Social Credit Political League. Douglas also travelled and lectured on Social Credit in Japan and Norway. Buyers bargain for good prices while sellers put forth their best front in Chichicastenango Market, Guatemala. ... The 1920s were a decade sometimes referred to as the Jazz Age or the Roaring Twenties, usually applied to America. ... The Canadian social credit movement was a Canadian political movement originally based on the Social Credit theory of Major C. H. Douglas. ... One of the several logos used during the history of the Social Credit Party The New Zealand Social Credit Party (sometimes called Socred) was a political party which served as the countrys third party from the 1950s through into the 1980s. ...

Douglas died in his home in Fearnan, Scotland.

Books

• Social Credit (1924, Revised 1933) new edition: December 1979; Institute of Economic Democracy, Canada; ISBN 0920392261
• Economic Democracy (1920) new edition: December 1974; Bloomfield Books; ISBN 0904656063
• The Monopoly of Credit (1931) new edition: 1979; Bloomfield Books; ISBN 0904656020
• The Use of Money (1935)
• The Alberta Experiment: An Interim Survey (1937)
• The Brief for the Prosecution, Legion for the Survival of Freedom, Incorporated; (December 1986) ISBN 0949667803
• Whose Service is Perfect Freedom?, Canada; Veritas Publishing Company; (June 1986) ISBN 0949667641
• The Big Idea, Veritas Publishing Company, Canada; (June 1986) ISBN 0886360005

Further reading

• Major Douglas and Alberta Social Credit by Bob Hesketh ISBN 0802041485
• Clifford Hugh Douglas by Anthony Cooney ISBN 0953507742

External links

• http://www.douglassocialcredit.com Social Credit Secretariat
• Social Credit by Major Clifford Hugh Douglas (fulltext)
• http://www.alor.org/Library1.htm Australian League of Rights online library
• The Alberta Social Credit Party - C. H. Douglas
• Guido Giacomo Preparata - Major Douglas in the witness box