A CANADIAN'S MONEY

Evening Star, Issue 19659, 12 September 1927, Page 3

A CANADIAN'S MONEY

REFLECTION ON NEW ZEALAND. An mummed Toronto mini, in a twocoluinii interview in a Conservative organ in this city, ’The Telegram,’ makes some rather serious charges against New Zealand, in tho course of a review of his experiences in travelling as a passenger on d cargo boat ot tho Canadian Govcrnmcqi Merchant Marine, the Canadian Challenger. "I hacl a rather disagreeable trip from Vancouver lo New Zealand in a CanadianAustralian boat, and my stay in New Zealand was not without drawbacks,” lie is reported as saying: “As son as I went ou board at Vancouver t discovered that, although the ship was regularly engaged iu Canadian trathc, her purser made a practice of discounting Canadian money. Fifteen cents Canadian had an equivalent value of sixpence. Cans of tobacco which sold for two shillings and three-pence, New Zealand currency, cost 60 cents. The purser sold New Zealand pound notes at sdol each. This sdol-to-the-£ was also tho prevailing rale of exchange at New Zealand banks. “New Zealand bankers refused lo cash Globe Tours drafts, which proved extremely inconvenient for Canadians who had converted their travelling funds into this very common form,” ho added. Tho traveller alleges that Canadian exsoldiers, drawing pensions, are refused payment for their pension warrants by the Canadian Government. Ho cites the ease of a veteran, Harry Tribe, of Toronto, who. he said, could not cash his pension cheques in New Zealand. His passport and Army discharge papers wore not considered sullicient identification. “Payment of these dominion cheques was guaranteed by F. G. Wood, New Zealand agent for the Canadian National Railways and C.G.M.M., otherwise Mr Tribe would have been destitute in New Zealand with several hundred dollars’ worth of gilt-edged collateral in his pocket,' says this traveller. The traveller had a further experience of Now Zealand currency in tho Canal Zone on his way homo which lie took the trouble to recount, " New Zealand pound notes changed at par in the Uanal Zone,” ho said.° "A Canadian dollar wa.s worth only 80 cents. This wa.s the United States Government rate, not that of unscrupulous brokers,”