BANK OF NEW ZEALAND.
(FBB PRESS ASSOCIATION J Sydney, October 10. The "Daily Telegraph " this morning publishes an article on the Bank of New Zealand. Referring to the way the money was squ.ndered at head quarters it says : " With such influences at work it is almost a matter for surprise and certainly one for congratulation that the Bank still exists; It has been the fashion to ascribe the position of the Bank to the depression existing throughout the colony, but we are inclined to think if the Bank suffered from the depression m the colony, the. latter suffered still . more severely through the Bank's mismanagement" The paper considers the increasing of the capital a wise step, and that if the Bank is managed with prudence it will come through with flying colors. The Committee of Investigation, it says, are entitled to great praise for the thorough manner m which their work was carried out. •
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/AG18881011.2.17
Bibliographic details
Ngā taipitopito pukapuka
Ashburton Guardian, Volume VII, Issue 1967, 11 October 1888, Page 2
Word count
Tapeke kupu
154BANK OF NEW ZEALAND. Ashburton Guardian, Volume VII, Issue 1967, 11 October 1888, Page 2
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in