TAKING OVER OF BANK
At a meeting this week members of all Wellington branches of the Democratic Labour Party carried unanimously the following resolution:— "That this meeting is in accord with the motion passed at the recent Labour conference regarding the taking over of the Bank of New Zealand by the Government, as it is considered it is a step in the right direction, but one which should have been taken six years ago. That while we are in accord with the motion, we have no confidence in the Minister of Finance to take the necessary steps to put such legislation on the Statute Books. Also, we are not satisfied with the taking over of one bank only, as the policy of the Democratic Labour Party is the complete control of the issue of currency and credit, and this would necessitate the socialisation of all banks."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19441207.2.38
Bibliographic details
Evening Post, Volume CXXXVIII, Issue 137, 7 December 1944, Page 6
Word Count
146TAKING OVER OF BANK Evening Post, Volume CXXXVIII, Issue 137, 7 December 1944, Page 6
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in