THOUCHTS OF THE TIMES.
DOMINION BANKING SYSTE-u. “The banking system of New Zealand lias been evolved during more than ninety 3 r ears of practical acquaintance with the, country’s requirements,” said Mr William Wa«.son, chairman of the Bank of New Zealand, at the annual meeting of shareholders at Wellington. “It differs from the British system inasmuch as it has to deal largely with aiding development of land, as well as assisting in the establishment and eikumagement- of all other industries essential to the needs of a young • country, and its growing population. It will be admitted that had the banks conducted their operations strictly lii aeordalice with the lines of British blinking the Dominion would not luive made anything like the progress it' Has, and therefore it may He justly claimed that the system has met the needs of the country, and has enabled tile banks to assist their customers in weathering many a storm with minima of ill effects.”
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Hokitika Guardian, 22 June 1931, Page 4
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160THOUCHTS OF THE TIMES. Hokitika Guardian, 22 June 1931, Page 4
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