BANK OF N.Z.

Evening Post, Volume CXL, Issue 7, 9 July 1945, Page 6

BANK OF N.Z.

DEPUTATION TO HOUSE

COMMENT ON PROPOSAL

"Taken at its word in connection with its avowed intention to organise a mass deputation to Parliament on the subject of the Government's proposed purchase of the Bank of New Zealand, the Dominion Council of Co-ordinated Business Associations is now falling over backwards in its anxiety to prove that it did not mean what it said," the national executive of the New Zealand Labour Party and the New Zealand Federation of Labour comments on the latest statement from the council. "The D.C.C.B.A. proudly proclaimed that the deputation was to consist of all who were opposed to National Socialism and that all sections of the community would be invited to participate," says the Labour Party executive. "It now admits that it does not want genuine anti-Nazis to attend, and instead of welcoming the prospect of all sections of the community taking part it reveals that it wants only a minority section, the Nationalists, to comprise the deputation. Well, it is at least something to have caused the D.C.C.B.A. to drop the mask and disclose its real aim. "However, if, as is still claimed by the D.C.C.8.A., the deputation is to give expression to. the great weight of public opinion on the question of the proposed Government purchase of the Bank of New Zealand shares, it can do so only if it is truly representative of the public and not if it consists of a minority section only. We therefore repeat our request to the D.C.C.B.A. to advise us of the proposed date of trie deputation so that we may arrange for the public to be adequately represented and for the real weight of public opinion to be given true expression." ' '