WHY MR. BEAUCHAMP RESIGNED.
POLITICS IN THE BANK. (By Telegraph-Press Association.) Auckland, May 9. A. statement in regard to his resignation from llio position of chairman ut directors of tlio Bank of New /.calami was made liy .Mr. Harold Hc-iliiffiiUup to a "Herald" reporter tins evening. .. "My reason for intimating to the Government niv desire to be relieved of tnc position of chairman of the 'Dank, alter the expiration of my last term—namely, on Mnreh 111—was solely on account of inv health." said Mr. Bcaiichamp. "I. wrote to the Minister for Finance to that effect on February 6 last. Prior, however, to the receipt of my letter, liy at least n week, Cabinet resolved not to reappoint mo. This was no doubt due to tho attitude which 1 had always -assumed as chairman of tho bank. In other words i would not, at any time, let my own opinions be.subservient to political exigencies. That is all 1 lmvo to say in this connection at present."
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Dominion, Volume 5, Issue 1436, 10 May 1912, Page 4
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165WHY MR. BEAUCHAMP RESIGNED. Dominion, Volume 5, Issue 1436, 10 May 1912, Page 4
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