AGRICULTURAL BANKS.
"We hay» a. suspicion that the main pressure comes from members of the farming com r munity," states "The Banker," organ of the Bank Officers' Guild, referring to proposed agricultural banks. The farmers, the' journal believes, "expect to obtain much larger advances against their, properties than the usual lenders, i.e., private mortgagees, stock and station companies, and commercial banks are prepared to give." The journal commends the Government for its selection of Mr. P. H. Cox, formerly inspector of the Bank ,of Australasia, as one of the delegates to inquire into the -working of agricultural banks abroad, and states "his training, soundness, and caution eminently fit him for. the duties of an impartial investigation into the operation of the agricultural banking system."
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Evening Post, Volume CX, Issue 48, 25 August 1925, Page 7
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124AGRICULTURAL BANKS. Evening Post, Volume CX, Issue 48, 25 August 1925, Page 7
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