The money reform party logo - a set of scales

The Money Reform Party

The Constitution, Reality, Role and Organisation of the Money Reform Party


  1. The name of the party shall be the Money Reform Party (hereinafter referred to as 'the Party').
  2. The purpose of the Party and its sole policy shall be to promote, by any legal means, the abolition of the power to create state-backed money (sterling) by private individuals or companies for private profit, and the investment of that power in national or local government for the benefit of the public purse.
  3. The policy of the Party shall be explained as in itself tackling the various economic, social, environmental, educational, medical and other problems that are generally presented to government for solution.
  4. Membership of the Party shall be open to anyone who advocates the policy of the Party and adheres to the constitution of the Party.
  5. The Party shall not present itself or its policy as being left-wing or right-wing or aligned with or opposed to any particular political ideology.
  6. The colours adopted by the Party as its distinctive livery shall be black and white and its emblem shall be a set of balanced scales.

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The Role of a Realistic Party

It will be seen within the constitution of the Party that there is no scope for discussing or changing the policy that is the sole purpose of the Party. This is deliberate and reflects both the reality and role of the Party.

There is no realistic prospect of the Party ever being elected to a position whereby it may be able to implement its policy. Its policy will most likely be 'stolen' by one or more of the major parties long before that occurs, and it is the aim of the party that it should be so.

The role of the Party is, through the electoral and any other legal process, to bring to the attention of the British people and their politicians the problems caused by the present debt-based money system and the solution of these problems by the issue of government-created money.

To present other policies in conjunction with the one stated in the Party's Constitution would invite people to reject the Party's message over issues which are not important. Furthermore such additional policies would dilute the Party's message.

The Party is not intended to be a forum for policy discussion. It is intended to be a platform for those convinced of the central need to abolish the present debt-based money system and replace it with one based upon government-created money.

Membership is invited amongst those convinced of the need for the Party's policy and who wish to spread the word to their fellow citizens. Membership is not invited of those not so convinced and who wish to spend their time navel gazing or raising points of order.

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The Party is registered as a political party with the Electoral Commission. It is therefore able to field candidates standing under its name in any local, national or European elections. This is its essential purpose, in distinction to other splendid groups or organisations that may be researching the issues involved in money reform or acting as forums for discussion upon the subject.

It is not envisaged that the Party will ever be a 'mass movement'. Once widespread awareness of the issue of money reform is achieved, the Party's aims will likely have been met.

Whilst the Party has a nominal national leader, treasurer and nominations officer, it is envisaged that most of the Party's activities will be undertaken at a local level, by individual Party members taking the message to their locality.

As Party policy is determined by the Constitution, these three officers have little or no effective power. The nominations officer only has a modicum of effective power - to determine who may stand as a Party candidate. This is not likely to be significant as the number of candidates is likely to be very small. The appointment of these national officers is therefore not seen as important. The incumbents of these positions may continue to fulfil them as long as they wish, and may hand them on to suitable successors as they see fit.

Any Party member may adopt a particular area, no matter how large or small, as their area of campaigning if they so wish. They will be named as the 'Co-ordinator' for that area. Members not wishing to take a lead in campaigning will be given the name and contact details of their nearest Co-ordinators.

Members living in geographically close proximity will be made aware of each other. The extent to which they wish to work together will be a matter for their own mutual arrangement.

As the Party's policy is determined by its Constitution, it is not intended to have national conferences. Such meetings as may be organised will be local affairs centring around methods of bringing the Party's message to a local electorate.

As the Party has not registered any independent auditing units with the Electoral Commission, all moneys handled by local groups must be reported to the Party treasurer for recording with the Electoral Commission.

All members wishing to stand for election will need to get written authority from the nominations officers in order to stand as Party candidates. Whilst it is not expected that two or more members are likely to want to contest the same seat, the simple rule will apply of the first application (with the necessary supporting signatures) being allocated the candidature.

Members wishing to stand as candidates will be responsible for paying their deposit and any other election expenses. These expenses will need to be reported to the Party treasurer every week during the course of an election.

Members may also publicly support the election of members of other parties who also clearly advocate the policy of the Party, providing that these other party candidates do not also advocate extreme left-wing or right-wing policies or other policies that may undermine the essential probity of the Party's message.

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The Constitution, reality, role and organisation of the Money Reform Party

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"Banking was conceived in iniquity and was born in sin."

Sir Josiah Stamp, President of the Bank of England in the 1920s, the second richest man in Britain.

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