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The New Zealand Social Credit Party (sometimes called "Socred") was a political party that was New Zealand's third party from the 1950s to the 1980s. It won representation in the New Zealand House of Representatives , holding one seat at times between 1966 and 1981, and two seats from 1981 to 1987.
Beetham and party president Alan Shaw said the new party would offer an alternative to interventionist and free-market policies by resurrecting original social credit economic ideas. At its launch the party said it intended to contest every electorate at the 1990 election and already had 45 members lined up to contest electorates. [ 1 ]
In 1970, a bitter dispute at the party's annual conference saw Cracknell lose the Social Credit Party's leadership to his deputy, the more confrontational John O'Brien. The 1970 conference was described as "the most vivid example of political bloodletting in public" since John A. Lee had been expelled at the 1940 Labour party conference. [ 13 ]
The 1954 New Zealand general election was a nationwide vote to determine the shape of the New Zealand Parliament's 31st term. It saw the governing National Party remain in office, but with a slightly reduced majority. It also saw the debut of the new Social Credit Party, which won more than eleven percent of the vote but failed to win a seat.
Social Credit Party of Alberta; Social Credit Party of Saskatchewan; Social Credit Party of British Columbia; Social Credit Party of Ontario; In the United Kingdom: Social Credit Party of Great Britain and Northern Ireland; In New Zealand: Social Credit Party (New Zealand) Social Credit-NZ; In Australia: Social Credit Party (Australia) In ...
The Movement evolved into the New Zealand Social Credit Political League and Marks polled highly, though not enough to take the seat. When not running for Parliament, he served on the League's national committee and was made a life member in 1968. Marks deservedly takes credit for establishing the Social Credit movement as a force in Wanganui.
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