WAR GRATUITIES AND THE BANK
Sir,-—At the opening of the Returned Services' conference the Acting Prime Minister is reported to have stated that it was not proposed to pay the war gratuity in one sum except under special circumstances. "It must be paid in a manner that would prevent inflation but- give the recipient the benefit of it," said the Minister. In view of this statement it would be interesting to know how Mr. Nash proposes to pay the private shareholders of the Bank of New Zealand the sum of £10,000.000, or, if Mr. Langstone's valuation is agreed upon, the sum of £25,000,000 to £30,000,000 involved without, creating inflation. — I am, etc., A WONDERING WOMAN.
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Evening Post, Volume CXXXIX, Issue 147, 23 June 1945, Page 6
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115WAR GRATUITIES AND THE BANK Evening Post, Volume CXXXIX, Issue 147, 23 June 1945, Page 6
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