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NATIONALISATION OF BANKS OPPOSED

♦ CANADIAN MINISTER'S STATEMENT (Received February 5, 10.50 p.m.) OTTAWA, February 4. Opposing a proposal to nationalise the banks made by Mr William Irvine, of the United Farmers' party, Mr E. N. Rhodes (Minister for Finance) told the House of Commons that if the banks were socialised the governments would control banking principles and eventually smash them. He asked what would happen if a government, facing an election, had to choose between the country's good and its own political fate.

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https://paperspast.natlib.govt.nz/newspapers/CHP19350206.2.62

Bibliographic details

Press, Volume LXXI, Issue 21391, 6 February 1935, Page 11

Word Count
83

NATIONALISATION OF BANKS OPPOSED Press, Volume LXXI, Issue 21391, 6 February 1935, Page 11

NATIONALISATION OF BANKS OPPOSED Press, Volume LXXI, Issue 21391, 6 February 1935, Page 11