SIR OTTO NIEMEYER

Evening Post, Volume CX, Issue 75, 25 September 1930, Page 10

SIR OTTO NIEMEYER

"VERY HAPPY IMPRESSIONS"

Sir Otto Niemeyer, of /the Bank of England, and Mr. B. M. Kershaw, liaison officer between the Bank of England and British Empire banks, were booked by the Maunganui, sailing for Sydney this afternoon. Both have had a very busy time since they arrived in New Zealand at the invitation of the the greater part of their time being taken up in conference with the Government and heads of certain departments, in meeting bankers individually and collectively, and others in touch with the economic life of the Dominion. Before leaving, Sir Otto was asked by a representative of "The Post" if he was prepared to give his impressions of New Zealand formed during his necessarily hurried visit. In reply he;said* "As .regards the actual object of my visit, you are aware that I came at the. invitation of the New Zealand Government to .advise them on certain, questions of currency, banking, and exchange. I have not reached any final opinion, on these matters, and do not propose to present any report to the Government at the present stage. I shall' probably wait until my return to London before preparing a report, which will be-forwarded in due course to tho. New Zealand Government. In these circumstances you will understand that it is impossible fqr me to make any comment oa matters connected with the subjects into which I have been inquiring here. "I have very much enjoyed my stay in New Zealand. Through the courtesy of the New Zealand Government I have been enabled to see something both of your productive areas and of the natural beauties of the country, and I take away very happy impressions of mv stay. ■ J

"I would only add that I and my associates are deeply . appreciative of the courtesy and hospitality which we have received, not only from the New Zealand Government but from- all sections of the community with whom we have come into contact."