BANK OF NEW ZEALAND.
The retirement of Mr Harold Beauchamp from the directorate of the Bank of New Zealand is significant. It serves to show that this State-guaran-teed institution is at the mercy of Ministers 'of the Grown, be they discredited or otherwise. The time has . arrived when the country should insist upon being relieved of its guarantee, or should take over the institution and run it as a State concern, pure and simple, it is unfair to private enterprises that the shareholders of the Bank of New Zealand should receive huge dividends at the partial expense of the taxpayers. The wonder is that members, of Parliament, who claim to have at heart the Avelfare of the people, allow a state of things to exist which is at once inimical to the interests of the masses. The sooner those Parliamentarians acquaint themselves with the injustice of the position, the sooner may we expect a change.
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Wairarapa Age, Volume XXXII, Issue 10580, 11 March 1912, Page 4
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155BANK OF NEW ZEALAND. Wairarapa Age, Volume XXXII, Issue 10580, 11 March 1912, Page 4
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