The Douglas Credit Party was an Australian political party based around the social credit theory of monetary reform, first set out by C. H. Douglas. It gained its strongest result in Queensland in 1935, when it gained 7.02% of first preferences. It did not win any seats. Some regard the party as a predecessor of the modern Australian League of Rights. Social Credit is an economic ideology and a social movement which started in the early 1920s. ... Monetary Reform is accounting reform that reaches more deeply into banking central bank, money supply and monetary policy. ... 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. ... Emblems: Faunal - Koala (Phascolarctos cinereus); Floral - Cooktown orchid (Dendrobium bigibbum); Bird - Brolga (Grus rubicunda); Aquatic - Barrier Reef Anemonefish (Amphiprion akindynos); Gem - Sapphire; Colour - Maroon Motto: Audax at Fidelis (Bold but Faithful) Slogan or Nickname: Sunshine State, Smart State Other Australian states and territories Capital Brisbane Government Governor Premier Const. ... 1935 (MCMXXXV) was a common year starting on Tuesday (link will take you to calendar). ... The Australian League of Rights is a political organisation in Australia that claims to uphold the virtues of freedom. ...

The Australian followers of Social Credit were ambivalent about direct political action. Some, entered into the political party fray; others sought to influence the existing political parties - especially the Australian Labor Party. At the height of the economic Depression in the 1930s, advocates of Social Credit theory were successful in gaining majority conference support within the ALP for financial reform along the lines of that proposed by Social Credit theory. However, this policy was never put into practice by subsequent Labor governments. Others felt the existing form of democracy - with its emphasis on parties of the "left and right" to be inimical to genuine representation of the people. It was felt by some Social Crediters that all parliamentarians should have a first loyalty to their constituents and not a greater loyalty to a particular party organisation. During the 1960s there were several attempts in Queensland, SA and NSW to revive the political fortunes of Social Credit. In South Australia, what was called the Liberty League contested a few seats in Federal elections but failed to gain many votes. At the 1961 Federal election, 3 candidates - Messrs W G K Ward, A A Lee and Whiteman unsuccessfully stood for the Senate in NSW (the polled about 15,000 primary votes across the State). Some support was shown in a few NSW Federal electorates - notably the Labor held seats of East Sydney and a few strong Labor seats in the Hunter Valley. At the 1961 Federal election several candidates contested the poll under the banner of the Australian National Party. The party was short-lived and some of its members joined the ranks of a revived Social Credit Movement of Australia (Queensland)which contested 9 seats at the 1962 Queensland State election with only meagre results. Strongest support was in the Maryborough area of central Queensland. A Social Credit Secretariat in Queensland continues to promote Social Credit via the internet A single Social Credit candidate stood in the 1969 Federal election in the Sydney seat of Banks but gained only minor support. Another attempt was made in the early 1970s in NSW to contest a seat in the Senate but again the votes gained were minimal. For some decades (until the late 1960s) the late Mrs J Elvin operated on a voluntary basis a Social Credit bookroom in George Street, Sydney. A small monthly newsletter was also produced and circulated via this centre in downtown Sydney. The on-going influence of Social Credit ideas was also revealed in the heyday of the One Nation Party in the late 1990s with that party's promotion of a National Credit Authority.