THE BANKS' BILL.
EXCHANGE LIABILITY SUM OF £1,250,000 MENTIONED (Special to the " Guardian.") WELLINGTON, April 5. Most specific suggestions are being made in Wellington business circles that the Associated Banks have handed the Government a statement of their accounts in the adjustment cf the exchange obligations, showing a liabilitv to the banks at March 31 of £1,250,000. ~ . . This was referred to the Minister of Finance (the Right Hon. J. G. Coates) who declared that he was not dealing in rumours, though he was hearing many. He repeated the statement made several weeks ago that there was no justification at present for uncertainty in regard to either exchange.or tariff changes, and there was no reason why trade should not proceed normally without any apprehension that changes will occur that would prejudice bxisiriess. "That position has not changed," declared Mr Ooates. "
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Ashburton Guardian, Volume 53, Issue 150, 6 April 1933, Page 4
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139THE BANKS' BILL. Ashburton Guardian, Volume 53, Issue 150, 6 April 1933, Page 4
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