P.O SAVINGS BANK.
[united press association.] (by electric telegraph.—copyright). London, December 17. A DEPUTATION representing the Trade Union Congress, asked Sir Michael Hicks-Beach, Chancellor of the Exchequer, to allow the unlimited investment of union funds in the Post Office Savings Bank. Sir M. HicksBeach replied that it would be a disadvantage to widely extend the amount of deposits which were growing so enormously. In the event of a finanoial panic the withdrawals would seriously injure the national credit. .'
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Bibliographic details
Waikato Argus, Volume V, Issue 373, 20 December 1898, Page 3
Word Count
78P.O SAVINGS BANK. Waikato Argus, Volume V, Issue 373, 20 December 1898, Page 3
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