AIMS OF THE BANK
AN ILLUMINATSNG CIRCULAR. American Bankers' Association circular 1877 : — -"It is advisable to do all in your power to sustain such newspapers, especially in the agricultural and religious press, as will oppose the issue of greenback paper money, and that you also withhold patronage 01* favours from all ap-plieants who are not willing to oppose the Government issue of money. Let the Government issue the coin and the banks 'issue the paper money of the country, for then we can better protect each other." "To repeal the law enacting national bank notes, or to restore to circulation the Government issue of money, will be to provide the people with money, and therefore seriously affect your individual profits as bankers and lenders.
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Bibliographic details
Rotorua Morning Post, Volume 2, Issue 451, 8 February 1933, Page 3
Word Count
124AIMS OF THE BANK Rotorua Morning Post, Volume 2, Issue 451, 8 February 1933, Page 3
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