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CHANCE FOR BANKS

TO HELP PEOPLE EMPIRE

ECONOMIC RECONSTRUCTION

OFFSET TO LOSS OF FOREIGN

MARKETS.

(United Press Association.—Copyright.) (Australian-New Zealand Cable Assn.) (Received 2nd July, 3 p.m.) LONDON, This Day. Sir John Ferguson, addressing the Institute of Bankers, said that recently the British banks had sought a broader basis for their activities. If the right direction were given to their relationships with Doinniou banks they would contribute greatly towards the building up of Imperial trade. The Empire contained reserves of wealth sufficient to give every man, woman, and child a higher standard of life than any other country could offer. The banks could help forward the peopling of the Empire's vast spaces with British stock. Now it had become a parrot cry: "Find us a Mussolini." Why not? It ought not to be impossible to find someone capable of carrying out a great scheme of economic reconstruction within the Empire as an offset to the loss of foreign markets, someone who by natural affinity understood the Dominions and their political ideas.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19260702.2.89

Bibliographic details

Evening Post, Volume CXII, Issue 2, 2 July 1926, Page 9

Word Count
171

CHANCE FOR BANKS Evening Post, Volume CXII, Issue 2, 2 July 1926, Page 9

CHANCE FOR BANKS Evening Post, Volume CXII, Issue 2, 2 July 1926, Page 9