SECOND EDITION. THE BANK CRISIS. TO-DAY'S PROCEEDINGS IN THE HOUSE.

Evening Post, Volume L, Issue 53, 30 August 1895, Page 3

SECOND EDITION. THE BANK CRISIS. TO-DAY'S PROCEEDINGS IN THE HOUSE.

On the House meeting this afternoon, Dr. Newman gave notice that when the Banking Bill was in Committee he would m »'e that the Disqualification Act apply to officers appointed by the Crown either to the Bank of New Zealand or the Realisation Board. The House went into Committee on the Bill Un olauae 1, Mr. G. W. Bussell raised the question of the establishment of a State Bank by moving to insert the word " State," and make the abort title "The State Bank of New Zealand and Banking Aot." It is eipeoted that the Bill will go through to-night, with the exoeption of the provision •s to the purchase of other banking business, •nd that there will be no special difficulty in the Legislative Council to-morrow. Analysis of the division-list on the second reading of the Bank Bill shows that 71 members voted or paired, leaving two unaccounted for besides the Speaker. The absentees were Messrs. Button and B M'Eenzie. The Ministerialists who voted against the Bill were : —Messrs. Buiok, Hall-Jones, W. Hutohison, Joyce, M'Nab, O'Began v Pirani, Saundera, Tanner, B. Thompson,- Graham, Larnach, and J. W. Kelly. Mr. Button 'is solicitor to the Bank at Auckland, and; Mr. B M'Kenzie abstained from voting as he is a shareholder. [BT TILXGBAPH.— FBtBS ASSOCIATION ] Chbibtohubch, 29th August. The Ballanoe Liberal Atsooiation passed a resolution to-night congratulating the Government upon the prompt, firm, and statesmanlike manner in whioh it hnd dealt with the fortunes of .the Bank of New Zealand, and trusting that the recommendations of the Committee will be approved by the House. ' Mr. B. Hallenstein, speaking at the Christohnroh Exhibition, Biid the fact that Parliament was that day legislating to put the Bank of New Zealand on a sounder footing would srive New Zealand a stability not enjoyed for many years. Dtra*DiN, This Dat. The Dnnedin Knighta of Labour passed a resolution protesting against the oontinned endeavonr of the Government to bolster up the Bank of New Zealand by a further guarantee, declaring that the time is opportune for establishing a State Bank on a sound basis, and, that Parliament shonld insist on the Bank of New Zealand going into liquidation, atepß being taken by the Government to recover from the realised assets the 42,000,000 already guaranteed.