Page 17 Advertisements Column 1

Auckland Star, Volume LXVI, Issue 269, 13 November 1935, Page 17

"Flo A MOMENTOUS i QUESTION i - ■ / v " y - | , Shall the Banks with all their f } - deposits be controlled by polifiy ticians, or shall the officers of > the Banks in every community continue as responsible trustees f ; of the earnings and savings of the New Zealand people? \ ';' ; l \ If a nationalised bank is called upon to do more i than the present trading | banks are doing in providing credit for industry | : then, to do so, safety | must be sacrificed. : 'I ; ■ - '.■ ■■■ • t "" ? .i V • . "If the banks were nationalised i ". y■ • they would have to be managed as they are now if their solvency was to be maintained." —LORD SNOWDEN, ; , / (Socialist and ex-Chancellor of V i the Exchequer). '1 Inserted by the Associated > Banks of New, Zealand.

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