A proposal has been made in the House by Mr George Fisher, to the effect that the banking business of the Government should be divided amongst the several financial institutions now established in the Colony* Whether any of the banks have inspired the member for Wellington East, of course we do not know* but it is not impossible. In Victoria and New ' South Wales, we believe; the banking ! business of the Government is not confined to one institution as in New Zealand, and the plan of subdivision has been found to work smoothly and with great successs That each banking company which employs capital in the country, * and' bears a proportion^ of the taxation consequent thereon has a claim for consideration* everyone must admit* If the question is ever entertained by the House it should be discussed as a purely commercial matter, quite apart from party poiictics, and be denuded of sentiment.
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Feilding Star, Volume XII, Issue 152, 18 June 1891, Page 2
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152Untitled Feilding Star, Volume XII, Issue 152, 18 June 1891, Page 2
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