DUNEDIN.
This day.
At the Chamber of Commerce meeting to-day, Mr Bell, Chairman, delivered an interesting address on current topics. Mr Bathgate moved that the Committee enquire into and report upon the present monetary system of the colony, more especially as to a protecting note being issued by a deposit of Government debentures, and thereby relieving banks of an obligation to keep a large reserve in gold, which is unproductive; also, as to the expediency of establishing a general clearing house, so that our banking power may be economised with the result of greater facilities being afforded to commerce, and to the promotion of legitimate enterprise, with a consequent increase of employment of the industrial classes.
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Thames Star, Volume XV, Issue 4766, 18 April 1884, Page 2
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116DUNEDIN. Thames Star, Volume XV, Issue 4766, 18 April 1884, Page 2
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