CREDIT CONTROL
"The Labour Party believes that credit is a public matter not of interest to bankers only, but of direct concern to all citizens," said Mr. W. Nash at Eastbourne last night. "The party stands for the purchase of the shares held by private persons in the Reserve Bank of New Zealand and the reorganisation of the banks lo enable it to control the credit and currency issue. The flow of credit should be adjusted to the productive resources of the Dominion, until the legitimate industrial and social requirements of our people are met. The credit system can be reorganised in terms of public needs for the purpose of raising the standard of living of the people and advancing the economci security of the social system and the stability of the nation."
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Bibliographic details
Evening Post, Volume CXX, Issue 116, 12 November 1935, Page 7
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133CREDIT CONTROL Evening Post, Volume CXX, Issue 116, 12 November 1935, Page 7
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