Savings Banks
Sir.—“ Disillusioned Labourite” is wrong again as the Otago Savings Bank was founded in 1864 as the Dunedin Savings Bank. This bank owes much of its recent rapid expansion to the dynamic Mr Fraser. Mr M. A. Connelly, M.P., founded the Canterbury Savings Bank, which was approved by the Labour Government in 1960. This energetic Government indicated that it would help to set up savings banks all over the country if the Waikato Savings Bank was a success. Labour blends age
with youth because the older people have their vast experience to offer, and it was they and their now dead colleagues who gave us social security and the 40-hour week against bitter Tory opposition.— Yours, etc., DISILLUSIONED NATIONALIST. August 15, 1966.
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Bibliographic details
Press, Volume CVI, Issue 31139, 16 August 1966, Page 14
Word Count
124Savings Banks Press, Volume CVI, Issue 31139, 16 August 1966, Page 14
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