RESERVE BANK BOARD
NO APPOINTMENTS VET PRIME MINISTER’S REPIT TO RUMOURS So far tbe Government has net taken any action to fill the vacancies which will occur shortly onto board of directors of the Reserve Bank of New Zealand. This to been indicated by the Prime Minster, the Rt. Hon. M. J. Savage*® reply to a question asked by "Tbe Press” about the situation. There is already one vacancy os the beard. Under the the Reserve Amendment Act, Mr D. A. Ewcntetired in 1937, after a ballot among the directors. So far no aPjjg*** ment has been made to his Poston. At the end of next month, wm the same scheme for the retireraoK of members, two more ofto original directors will have to vw their office by ballot. There toe been persistent rumours aboiajae names of prominent men KfeSf® be selected to fill the vacancies, to so far nothing official has been xeThe Prime Minister, asked about one of these rumours in a trfepoooe interview, has replied as follows ffl a telegram to “The Press”:— . “No consideration whatever to been given to question erf matol appointments to Reserve Bank-
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Bibliographic details
Press, Volume LXXIV, Issue 22430, 17 June 1938, Page 10
Word Count
190RESERVE BANK BOARD Press, Volume LXXIV, Issue 22430, 17 June 1938, Page 10
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