Foundation
The Social Credit Party was originally established as the Social Credit Political League. It was founded on 10 January 1953, and grew out of the earlier Social Credit Association.
The party's first leader was Wilfrid Owen, a businessman. Much of the early activity in the party involved formulating policy and promoting Social Credit theories to the public.
Read more about this topic: Social Credit Party (New Zealand)
Famous quotes containing the word foundation:
“The poet needs a ground in popular tradition on which he may work, and which, again, may restrain his art within the due temperance. It holds him to the people, supplies a foundation for his edifice; and, in furnishing so much work done to his hand, leaves him at leisure, and in full strength for the audacities of his imagination.”
—Ralph Waldo Emerson (1803–1882)
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“Whenever any form of government shall become destructive of these ends, it is the right of the people to alter or to abolish it, & to institute new government, laying it’s foundation on such principles & organising it’s powers in such form, as to them shall seem most likely to effect their safety & happiness.”
—Thomas Jefferson (1743–1826)