Page 13, 14th October 1938

14th October 1938
Page 13

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Page 13 from 14th October 1938

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Catholic-formed Credit Unions Sweep A Continent Miners Change Dump Into Christian Community


The workers ignore the shoutings of Communists and Fascists. They are not interested.

They are too busy building up their independence through the credit unions of the new co-operative effort. Five years ago Nova Scotia's first credit union was founded by a priest of St. Francis Xavier University. There were about a dozen members.

Today in Nova Scotia there arc 12,6 credit unions giving credit to the workers at the rate of soo,000 dollars a year.

The Church is backing the progress of the new co-operative movement enthusiastically.

Nineteen Bishops of Eastern Canada published recently a joint pastoral in which they urged the immediate formation of co-operative unions among farmers "to serve as a bulwark against Communism and to re-establish rural economy on a more stable basis."

Cardinal Villeneuve, Archbishop of Quebec, has shown great interest in the co-operative unions, and has given his approval to a social study congress, concerned with these unions, which is to be held in Western Saskatchewan. Famous Quebec College, St. Ann de la Pocatiere has decided to emulate St. Francis Xavier University by setting up a big education and co-operative centre.

The plan is sponsored by the Government which will receive aid and advice from the heads of St. Francis Xavier Co-operative System.

Coal miners on Cape Breton Island, Nova Scotia, have rebuilt their village, with their own hands, to their own design, through the co-operative movement; and in doing so they have changed utterly their lives. This winter they are making for themselves new furniture, worthy of the fine houses they have constructed.

listening to the tirades of Communist or Fascist. They get on with the job of rebuilding their homes, owning their furniture and their tools, organising medical societies, forming study clubs, attending evening classes in all forms of science and art.

Catholics are enthusiastically championing this co-operative movement which is revolutionising the lives of Canadian workers.

A recent joint pastoral, signed by nineteen Bishops of Eastern Canada, asks that co-operative unions among farmers be immediately formed "to serve as a bulwark against Communism, and to re-establish rural economy on a more stable basis."

Cardinal Villeneuve, Archbishop of Quebec, calumnied by a few of the pinkeintellectual weeklies on both sides of the Atlantic as Fascist, has given his approval of a social study congress which will analyse this co-operative movement, and which will, no doubt, encourage its spread in Western Saskatchewan where the congress is to be held.

Banks Are Not So Hostile Now

The famous Quebec college, St. Ann de la Pocatiere, has recently announced that it will establish a great educational and co-operative centre in Quebec modelled on that already established at Antigonish, Nova Scotia, by the St. Francis Xavier University Extension Department.

In Newfoundland the credit union system has just been established. Sir John Hope Simon, who has been the most active in achieving this establishment, has said: "We are through experimenting, we have found a plan that will rebuild Newfoundland."

Credit unions have come to stay. They have overcome the prejudice of men and the hostility of the banks. In America, where this hostility has been most bitter, a credit union has been set up among bank employees in Spokane, in Cleveland, in St. Joseph and in Louisville; and, curiously. official Bank opinion as expressed in the American Banker, America's only daily banking newspaper, is not as denunciatory as might have been expected.

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