Social Credit funny no more Ottawa (Oct 20): The Social Credit party, once ridiculed as a group of 'funny money' advocates, is planning a drive to take over the reins of Canada's Federal Government at the next general election. Social Credit, based on the financial theories of Major C.H. Douglas, British engineer-economist, first stepped into the Canadian political picture in the early 1930s, at the depth of the depression. An Alberta evangelist, William Aberhart, steeped himself in Douglas lore and then began to preach over the radio that the hardships of the people were the result of orthodox financial policies. Most Albertans did not understand the complex financial equations. But they did understand Aberhart when he claimed that the Government ought to give every citizen $25 a month to stimulate consumption and thus help business. Years of election success in Alberta was recently added to when the Social Crediters captured British Columbia in a bitter four-way battle against Liberals, Conservative and the Socialist CCF. Social Crediters themselves attribute their success to their unflinching opposition to socialism. Encouraged by the results, the party has announced that it will contest next year's elections on a national scale with a full number of candidates in most provinces. The 'funny money' group, it is generally agreed, is no longer funny. Sound guilty Hongkong (Oct 18): For failing to renew their radio receiving licences, three Kowloon residents were each fined $40 by Mr D.E. Greenfield at Kowloon yesterday. Another defendant, who was summoned for a similar offence, was fined $20 as she said she had sent a messenger to obtain a licence in the morning of the same day when the inspector arrived. Keen to trade London (Oct 17): More than 1,100 British firms have applied to do trade with China in the past four weeks, the London Export Corporation announced to-day. They were replying to letters from the firm, which is the purchasing agent here for the China National Import-Export Corporation of Peking, asking if they wanted to supply machinery and other goods to China. An official of the Corporation said they had 1,205 replies to their letters. Two replies were 'positively hostile', seven were 'slightly hostile' because China is Communist, and 1,100 were keen to do business with the Communists.