FEDERAL NOTE ISSUE.
BANKS IN PROTEST. By Telesraph—Press Association—Copyright Melbourne, August 11. ' The associated banks are writing to the Federal Government with reference to tho proposed note issue. They regret the innovation aud.aro critical concerning -the decision to redeem- notes only at Melbourne, which would have a tendency to take all . the gold to that city. It would, they urge,|be unfair to the-banka to do all the work of distributing while the Government would derive all the profit. The proposed reserve should, in their opinion, be. increased by 25 per centum.
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Dominion, Volume 3, Issue 893, 12 August 1910, Page 5
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91FEDERAL NOTE ISSUE. Dominion, Volume 3, Issue 893, 12 August 1910, Page 5
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