AUSTRALIAN CABLES.
BUSH FIRES. fPKB PBBBB ASSOCIATION). Brisbane, This Day. Tromendous bush fires are supposed to be raging in New Guinea. Cooktown is partially enveloped in smoke. Sydxry, Norembor 2. At a meeting of the Bankers' lustituto Mr McMillan, ex-Treasurer, read a paper ou Banking Institutions, iv which he strongly favoured the establishment of a central reserve to answer the pnrposes served b} r the Bauk of England, in Great Britain. At the present time, he alleged, many of the banks were holding large reserves and the carrying out of some such schemes as that suggested would relieve | the stringency. There was a strong favourable feeling among those present in favour of Mr McMillan's scheme.
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Bibliographic details
Feilding Star, Volume XVI, Issue 110, 3 November 1894, Page 2
Word Count
115AUSTRALIAN CABLES. Feilding Star, Volume XVI, Issue 110, 3 November 1894, Page 2
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