New Democracy (French: ''Nouvelle démocratie'') was a

political party A political party is an organization that coordinates candidates to compete in a particular country's elections. It is common for the members of a party to hold similar ideas about politics, and parties may promote specific ideological or p ...

Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by to ...

founded by

William Duncan Herridge William Duncan Herridge (September 18, 1887 – September 21, 1961) was a Canadian politician and diplomat. Early life He was the son of William T. Herridge, a former moderator of the Presbyterian Church of Canada. Herridge was educated a ...

in 1939. Herridge, a former

Conservative Conservatism is a cultural, social, and political philosophy that seeks to promote and to preserve traditional institutions, practices, and values. The central tenets of conservatism may vary in relation to the culture and civilization in ...

party adviser who was Canada's

Envoy Envoy or Envoys may refer to: Diplomacy * Diplomacy, in general * Envoy (title) * Special envoy, a type of diplomatic rank Brands *Airspeed Envoy, a 1930s British light transport aircraft *Envoy (automobile), an automobile brand used to sell Br ...

to the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...

from 1931–35 during the government of

R. B. Bennett Richard Bedford Bennett, 1st Viscount Bennett, (July 3, 1870 – June 26, 1947), was a Canadian lawyer, businessman, philanthropist, and politician who served as the 11th prime minister of Canada from 1930 to 1935. Bennett was born in ...

. Herridge advocated

monetary reform Monetary reform is any movement or theory that proposes a system of supplying money and financing the economy that is different from the current system. Monetary reformers may advocate any of the following, among other proposals: * A return t ...

and government intervention in the economy as a means of fighting the

Great Depression The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagio ...

. His ideas were similar to those of the

social credit movement Social credit is a distributive philosophy of political economy developed by C. H. Douglas. Douglas attributed economic downturns to discrepancies between the cost of goods and the compensation of the workers who made them. To combat what he ...

, and in the 1940 election, the

Social Credit Party of Canada The Social Credit Party of Canada (french: Parti Crédit social du Canada), colloquially known as the Socreds, was a populist political party in Canada that promoted social credit theories of monetary reform. It was the federal wing of the Canadi ...

joined with Herridge to run candidates jointly under the New Democracy umbrella. The experiment was unsuccessful as Herridge failed to win a seat, and the three New Democracy

Members of Parliament A member of parliament (MP) is the representative in parliament of the people who live in their electoral district. In many countries with bicameral parliaments, this term refers only to members of the lower house since upper house members of ...

elected were Social Creditors. The name remained associated with the national Social Credit movement until 1944 when the name Social Credit was readopted at a national convention held in Toronto.

Election results

See also