THE A.M.P. SOCIETY.
PROPOSED EXTENSION SCHEME. THE PRESIDENT IN DEFENCE, tPKESS ASSOCIATION.] (Received December 30, 9.25 a.m.)
• SYDNEY, This Day. Mr. Littlejohn, Chairman of the A.M.P. Society, replying to press criticism of the proposed extension scheme, claims that the issue of proxy forms is perfectly fair and straightforward. The chief use of an office in London would be for investment purposes and in affording facilities for the purchase of colonial securities, which are invariably lower there than in the local market, but the Commonwealth and New Zealand for all time will, he Bays f remain the chief field of investment. The Society has no intention of transacting industrial business outside of- Australia and New Zealand. Mr. Littlejohn concludes: — "I am utterly at a loss to understand why the judgment of the management should be questioned on this matter. With its long and successful experience and the advice of expert officers, it is in -a batter position to form a judgment than hostile critics. The directors and members of the local Boards, who are unanimously in favour of the proposal, are largely insured in the Society, and are not likely to recommend a step prejudicial- to their own interesta."
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Bibliographic details
Evening Post, Volume LXX, Issue 155, 30 December 1905, Page 5
Word Count
198THE A.M.P. SOCIETY. Evening Post, Volume LXX, Issue 155, 30 December 1905, Page 5
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