WARNING RECALLED
"LABOUR DAILY" AND MR.
FENTON
SYDNEY, 21st April. ' It is recalled that Mr. J. E. Fenton, speaking at IJallarat recently, sounded a warning in regard to the stability of a certain ,bank in New South Wales, as a result of which the "Labour Daily" severely attacked him and declared that the Government Savings Bank was never stronger in its history. '~ ■/ .' '. ;' The "Labour Daily" only to-day publishes-a speech by Mr. W...T. Ely, one of Mr. Lang's Ministers, who said that Mr. Fenton had committed anunpardonable crime. The bank was a workers' institution which held upward of £75,000,000 of the workers' money, and1 if there were a financial crash to-morrow- the one bank that would come out unscathed wasjthe State Savings Bank. ; .;. •. . .
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https://paperspast.natlib.govt.nz/newspapers/EP19310422.2.56.6
Bibliographic details
Evening Post, Volume CXI, Issue 94, 22 April 1931, Page 9
Word Count
122WARNING RECALLED Evening Post, Volume CXI, Issue 94, 22 April 1931, Page 9
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