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The Social Credit Party was 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.
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 ]
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 ...
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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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