RESERVE BANK
(To the Editor.)
Sir,— Referring to the proposed ap-l pointment of a' naturalised citizen of Polish or Russian birth as a director of the Reserve Bank, I would draw public attention to the dangers of legalising appointments of this nature. Previous correspondents have spoken for and against this gentleman, and have discussed his qualifications for such a position, but I submit, Sir, that it is not so much a question of qualifications of any individual but rather a question of our national policy for the future. The Reserve Bank Act laid down very wisely that the directors must be not only British subjects but also British born. This is a safeguard similar to the time-honoured safeguards in the Army and Navy for holders of senior command positions, who have access to confidential and secret matters of high policy. A director of the Reserve Bank not only assists in guiding the financial destiny of this country, but has access to and can demand the greatest secrets of State policy. Therefore the condition that a director must be British born and come from British stock is a very wise precaution, and should not be relaxed in favour of any person, no matter how well qualified in other respects.—l am, etc., ' - ■■.■-.■ ■'■•■ ■ • A BRITISH NEW ZEALANDER.
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https://paperspast.natlib.govt.nz/newspapers/EP19360916.2.69.1
Bibliographic details
Evening Post, Volume CXXII, Issue 67, 16 September 1936, Page 10
Word Count
214RESERVE BANK Evening Post, Volume CXXII, Issue 67, 16 September 1936, Page 10
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