Banking Lubricatesit does not Govern. The function of banking In the economic machine Is to act as Lubricant, not as Governor. The Banking system has an intake and an outlet. The intake absorbs the money of the community not immediately required for use by its owners, offering complete security and Interest rates fixed by the law of supply and demand. The outlet carries the flow of money to those points where it is needed, facilitating the , operation of the machinery of production. The farmer, the manufacturer and the importer who desire to produce goods for the future market, either by growing them, manufacturing them, or by purchasing them overseas, would be greatly inconvenienced if they were unable to borrow for their temporary needs. Each would have to be equipped with much more capital than is now the case, and for a considerable portion of the year much of that extra capital .would lie idle. By accepting funds from persons who do not immediately require them and distributing those funds among persons who do require them, the banking system facilitates production and business. —lnserted by the Associated Banks of New Zealand.
j&SSr f Un&>c£ JkovruKUf toHEALTH EVERY Twopence you spend on a HEALTH STAMP is helping some sick child on the road to Health. Every penny collected is to be distributed in the district in which it is raised to send some needy, child to the Sunshine of a Health Camp. HELP THE HEALTH CAMPS HEALTH STAM PS OBTAINABLE AT EVERY POST OFFICE.
$ M Procrastination I * i >:< ■ $ ►♦« Procrastination is a disease of $ $ missed opportunities. Putting off & A until to-morrow will accumulate a $ ►J veritable mountain of disappoint- M M menta. Don’t have to say to your- M eelf, “If I had only—.” S .*< O |J| £< You— and only you can cure thia $ A malady which results tn self re- A >*l proach. Now, with that advertisement you A were going to put in "The Dom- >1 A inion,” don’t delay, it’s so simple A A and convenient. All you have to do A A is phone 44-020 and you will be put V V in touch with a specialist who will M M give you every assistance in drafting A A out the notice. A A _ A Call us up to-day. Hours: 8.30 a.m. to 10 p.m, Week days. A 8.30 a.m. to 1 p.m. I w 6 p.m. to 7.30 p.m. I Satord «y s ►*< 8 p.m. to 10 p.m. Sundays ►*< | RATES—-From !/• | $ Phone — 44-020. $ $
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Bibliographic details
Dominion, Volume 29, Issue 5, 1 October 1935, Page 13
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414Page 13 Advertisements Column 1 Dominion, Volume 29, Issue 5, 1 October 1935, Page 13
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