BANK OF NEW ZEALAND.
From all indications, there is likely to bo. a very interesting discussion in the House of Representatives *' the Bank of New Zealand legislation is brought down. Fifteen or twenty years ago, on the memorable occasion when Mr Seddon brought down his Bank Bill, shareholders in the Bank stood almost panic-stricken in the streets, awaiting the decision, of Parliamient as to whether the doors of the Bank should be closed and the .shareholders ruined. Today the sarite shareholders, or a great many of them, are alarmed at the prospect of the State, which saved them from disaster, participating further in the pleasures to be derived from fat dividends. The position is a very difficult one for Parliament to deal with. In the first place it must ssee that the interests of shareholders are not prejudiced. It must also see that the State is not deprived of any benefit to which, in justice, it is entitled. We shall know more of the intentions of the Government when the Bill is introcluced.
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Wairarapa Age, Volume XXV, Issue 10713, 13 August 1913, Page 4
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173BANK OF NEW ZEALAND. Wairarapa Age, Volume XXV, Issue 10713, 13 August 1913, Page 4
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