AGRICULTURAL BANKS.
SCHEME FOR NEW ZEALAND. MATTER TO BE DISCUSSED. By Telegraph.—Press Association. Wellington, July 29. One of the points raised by the Farmers* Union in its deputation to the Prime Minister was in reference to agricultural banks. The union’s view was expressed in the following resolution:— “That the Government be asked to adopt, in any legislation it may bring down, the principles of the Bavarian agricultural bank, in so far as they may be applicable to New Zealand, combining as they do the functions of long term land mortgage and short term credit associations; and that the conference earnestly urges upon the €4overnment that it should set up an agricultural bank committee to consider such banking legislation and report to the Government, on which committee the Farmers’ Union shall be adequately represented. The Prime Minister replied that the Public Accounts Committee of the House would have referred to it the agricultural banks proposal, along with other banking matters. He would like evidence from all concerned. He did not think there was any strong oppositioti to the proposal.
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Taranaki Daily News, 31 July 1922, Page 4
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178AGRICULTURAL BANKS. Taranaki Daily News, 31 July 1922, Page 4
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