AUSTRALIAN BANKING CONTROL
SYDNEY, November 7. Bank nationalisation could not be a live issue at the forthcoming General Election, but an issue it was not dead, said the Federal Minister of Transport (Mr E. J. Ward) at a public meeting. •
“My firm opinion,” said Mr Ward, “is that if there is to be real democracy in Australia and real progress toward implementing the policy of the Labour Party, there must, at some time, be a banking system completely under the control of the elected representatives of the people. ’ H said that lhe Government could not alter the situation as it now stood, but there was no question that it would not be ‘settled finally until it was settled rightly.”
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Press, Volume LXXXV, Issue 25955, 8 November 1949, Page 5
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119AUSTRALIAN BANKING CONTROL Press, Volume LXXXV, Issue 25955, 8 November 1949, Page 5
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