MR J. M. JOHNSTON.
The appointment of Mr J. M. Johnston, of Palmierston North, as ia representative <of the Government on the directorate of the Bank of New Zealand, has caused quite a flutter in commercial and banking circles. Mr Johnston was at one time manager of the bank at Marton, but of late yeairs-ha s been' engaged in a land and estate 'business at Palmerston, and has held one or two secretarial position®. His connection with the Mokau tnaaisaction has brought him into some prominence of late, and hie. has for some years past been recognised as an ardent admirer and supporter of Sir Joseph Ward. The Prime Minister may consider those qualifications, sufficient for the position of a director of enc of the most important financial institutions in the Dominion. Other people—particularly the shareholders of ifclite Bank—may take a different view of the matter. In the meantime, there are not a few who will s?e in this latest appointment another strong reason for the deposing of Sir Joseph Ward, if only to hastc:\ the day when the relations be-t-««n the Bank and the country are out.
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Wairarapa Age, Volume XXXII, Issue 10432, 25 September 1911, Page 4
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188MR J. M. JOHNSTON. Wairarapa Age, Volume XXXII, Issue 10432, 25 September 1911, Page 4
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