FINANCE OF NEW ZEALAND.

Press, Volume LXVII, Issue 20171, 25 February 1931, Page 10

FINANCE OF NEW ZEALAND.

REPORT BY SIR OTTO NIEMEYER. ARRIVAL EXPECTED WITHIN * * FOUR WEEKS: v. l __ —^ ; pim 3PEBBB B;pecfia.B«iiee.lV * - ;** ■ ;.: 5' wmmmoK • The report -rifelSir Otto of thd Bank *on th&lJwiiinionVbanMjjg.&jjorWftcy, vid exdmag© systems hasnoi yei jthe ermnsnt; bat it '{9 eocpect&r litis it wttl come tfc the nead^f oar Week#; Tbe financier^. vlio came to tfciii' coniitxy to report oniihese questions attheinvitation of th®!|Goy~ ernxjierkb, Wa4 was in New Zealand in Septsßtf>«l*Bt, on. the ere of bis depwfctijte!, stated that Bis liafe'W completed until some ;toirstttm - >| 1„ Stir • Otto reached bu September the Minister, Kb®. 1 -®. sequently announced'-th'ut wotdd thd ■ iiwirfpM that legislation .based. Submitted to Parliament ai this year'a cession. r - ?' > K * ! of™ \ During Bis stay in the Dominion} Sir Otto was in active .conaultatioa/.witli the Government toads of the Tipjisary and ail the honking 'On. his'arrival h«re, he stated that 'im permanent banking legislation of minion was largely jraspqwi*?d' regulations' which vrexbt I *Hll Su VtunQ, , and that sotqethfyg * done, and that before very * Prior to his return - to -where he 'remained s&melitwe tnfe .be-' rtore leaving for Home, Sir OraJrisaui it' Vonld be necessary for hoM^ back in Great the Spd,: tsle "Afoga-- I tbflf to the *6weteii«lg..]teft , *° the Dominion.' when it in the Press abont a -week ago that Sir I I on financial 14t was assumed Zealandi [ "report had been. Completed . ai(dV<iiJW 1 patched to the Gofenuaentl v i ; ' From enquires u official ejrcl&s to-> day,'it learned ;tKat°BeVe»aifnmtters in the report* jAWlife JegWtxo*.; The chief law 'draftsman, Mr%J, Christie, who is at* pfesent kX^t, list the', UWfiot; jintil-after Sir Otto 'a departures ;. f > ...