N.S.W. ELECTIONS
SAVINGS BANK POSITION. i (Australian Press Association.) SYDNEY, October 15. During the New South Wales election campaign, there has been much political propaganda at the expense of the State Savings Bank, which caused a feeling of uneasiness among the depositors. Mr Lang, the Labour Leader,. has been repeatedly asked by questioners where he is going to get his million from with all overseas markets closed to Australia. His reply usually .is: “We got all of the money that we wanted when we were in office in 1927, and we will get it again.” Accordingly the .Commissioners of the State Savings Bank, have to-day issued a statement assuring the- depositox-s that the hank is not subject in any way to direction, control, or veto, by the State Government. Its funds are vested in three Commissioners, who can only be removed from office by resolutions of both Houses of Parliament.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19301016.2.18
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 16 October 1930, Page 3
Word count
Tapeke kupu
150N.S.W. ELECTIONS Hokitika Guardian, 16 October 1930, Page 3
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in