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SOURCE NOT INDICATED

BANKS AND GOVERNMENT

ATTITUDE CRITICISED

United Press Association—By Electric Tele-Bnijih—-Copyright. " SYDNEY, 19th April. Although the Commonwealth Bank's ultimatum to the Federal Government is tho subject' of wide discussion, tho Prime Minister has given no indication of the Government's financial resources. Ho has definitely stated that tho country need not expect an election iusido three months. Commenting on the situation, the "Labour Daily" says: "All masks having been thrown of£ by the fiuancial dictators and their servants, tho complete insolvency of all Australian Governments -within a week or two is now assured." Editorially tho paper says: "Tho vultures are gathered for the feast and arc hovering over tho hotly-assailed figure of Labour, which they hope will soon fall, riddled with the spears of its natural enemies and the poison darts of its renegades." Mr. J. A. Lyons describes Mr. Theodore's letter to the Commonwealth. Bank as political propaganda. At the same time it reveals a base attempt on the part of Labour to crush the present methods of banking and deal a deathblow; to the Commonwealth Bank.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19310420.2.65.1

Bibliographic details

Evening Post, Volume CXI, Issue 92, 20 April 1931, Page 7

Word Count
179

SOURCE NOT INDICATED Evening Post, Volume CXI, Issue 92, 20 April 1931, Page 7

SOURCE NOT INDICATED Evening Post, Volume CXI, Issue 92, 20 April 1931, Page 7

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