Monetary Reform Innovator Wins Award

The Attwood Awards will be held on the evening of October 30th 2003 at the Birmingham and Midland Institute, chaired by John Johansen-Berg. The concerns of Thomas Attwood (1783 to 1856 ), Birmingham’s first MP, namely participative decentralised democracy, the strengthening of local economies, and economic and monetary reform, are shared by many today.

One of this year’s two awards will be presented to Sabine McNeill, programmer and mathematician. She was born in Silesia and educated in Germany but settled in London after leaving her work at CERN, the European Centre for Nuclear Research in Geneva. The award recognises one of her achievements in the voluntary sector: setting up the Forum for Stable Currencies. Regular monthly lectures and debates, offering a platform for a wide range of speakers, are held in the House of Lords when parliament is sitting. Attwood would have rejoiced to see that, at last, monetary reform issues are being discussed by MPs. Interaction with members of Parliament has led to two Early Day Motions, the latest being EDM 854, presented by MP David Chaytor. It is still open for signing and has reached 27 signatures from Labour and Lib Dem MPs. is sponsoring a postcard campaign to urge your MP to sign.

Getting your MP to sign EDM 854
EDM 854 says: Publicly created money and monetary reform: That this House, concerned at the rising burden of private debt, public borrowing, student borrowing and public-private finance initiatives, notes that the proportion of publicly created money in circulation has fallen from 20% of the money supply in 1964 to 3% today; believes that increasing the proportion of publicly created money in issue could provide a new means of financing public investment; further notes that the use of publicly created money can significantly reduce the cost of public investment by eliminating the need to pay interest; accepts that such a policy can be adopted without be any impact on inflation if suitable regulatory changes are made; and therefore calls upon the Government and the Treasury Committee to commission and publish independent reviews on the procedures for and benefits of increasing the proportion of publicly created money in the economy.

Reminder of next meeting
Wednesday October 22nd Meeting 2003 from 6pm to 9pm in Room G, Royal Court, House of Lords, Westminster, London W1. Westminster tube. Topic: Islamic Alternatives to Interest-Based Banking and Finance: Speakers Waheed Quaiser, Gohar Bilal and Tarek El Diwany. Forum for Stable Currencies, Organiser: Sabine McNeill, Minute Secretary: Peter Challen. For full details see: Sabine’s website: