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The hope of the Canadian banking system: Gerald Grattan McGee

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Published on Dec 8, 2007

Bill Abram remembers Gerald Grattan McGeer, a crusading labor lawyer representing the Vancouver Trades & Labour Council (Canada) who got a chance to interrogate and lecture the vaunted Lord MacMillan Banking Commission, sent over from England in depression years to fix things up. McGeer, who had done his homework, got bankers Graham Towers to admit, "If Parliament wants to change the form of operating the banking system, then certainly that is within the power of Parliament. So they did. Usury-free money for nearly 20 years: a nearly debt-free era of investment in the Commons, and the people of Canada. (part 3 of The Crime of Canadian Banking snowshoefilms series) yoryevrah

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