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!New Advertisements, here, so as to enable us to do what business we require to do in each colony to the best advantage. Mr Cherry : May Ibe permitted to add another word or two with respect to the effect of local and foreign banks ? Foreign banks have been in other colonies as well a? this, and the colonists were, often put under severe pressure — some of them actually ruined by the action of those , banks. Formerly there was no Colonial Bank in Victor'a, but the remedy being in their own hands they took it and established a local bank. Since the Bank of New Zealand was started, it has been several time the means of preventing undue pressure being put on the colonists. It had saved them a good deal to have their , own banks managed by their own people. Here in New Zealand the colonists are greatly better off on this account. ' The Chairman : I may also express my satisfacion and my agreement with the remarks which have just fallen from the gentleman opposite, and I feel that th« people of New Zealand at all events will know that the Bank of New Zealand has exerted no small amount of influence towards the benefit and advancement of i\te colony. At present it is perhaps not ■• such a necessity as it was in the time that New Zealand was not so prosperous as she is j. -ist now. I have heard it' frequently remarked, and I have seen cases in which it wa9 acknowledged, that the services rendered by the Bank of New Zealand wouldnot be forgotten. The motion for the adoption of the report and balance sheet was then put and carried unanimously. Pianoforte Music mH£ MISSES ATKfNSON purpose giving lessons on the Pianoforte, in Barr's Hall, Baiclutha, should a sufficient number of pupils be obtained. TKKMS: Beginners - L2 2*. per qr. Advanced pupil* - L3 3j. „ All applications to be sent to Mr John Macdonald ; or, ' Clutha Leader ' Office. Clutha Property Investment and Building Society. Jew Issue of Shares. /~\N Tuesday the Ist June a new issue of shares will be made by the above named Society, for which purpose attendance will be given in Barr's Hall from half- past © to & o'clock evening. Entry money 2s per share ; subscriptions 3s per share. By order of the Committee. JOHN M. RUSSELL, Sec. Baiclutha, 12th MAY, 1875.

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https://paperspast.natlib.govt.nz/newspapers/CL18750513.2.18.3

Bibliographic details

Clutha Leader, Volume I, Issue 44, 13 May 1875, Page 4

Word Count
396

Page 4 Advertisements Column 3 Clutha Leader, Volume I, Issue 44, 13 May 1875, Page 4

Page 4 Advertisements Column 3 Clutha Leader, Volume I, Issue 44, 13 May 1875, Page 4

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