CENTRAL BANKING
COMMENT ON NEW ZEALAND PROPOSAL [Special to United Press Association of New Zealand.] LONDON, September 16. The writer of the banking notes in 1 The Times ’ Trade Supplement says: “Mr Coates’s explanatory articles form an excellent summary of the case for central banking, with particular reference to the conditions in New Zealand.” He continues: “ Apparently one of the wounds on which the Reserve Bank Bill has been criticised in the dominion is that through the Central Bank New Zealand’s monetary system would be placed under tho domination of the Bank of England and other outside influences, but co-opera-tion is very different from domination, and co-operation between the Empire central banks is a goal which has long attracted all anxious to see the Empire welded more closely into an economic unit.”
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Bibliographic details
Evening Star, Issue 21519, 18 September 1933, Page 9
Word Count
132CENTRAL BANKING Evening Star, Issue 21519, 18 September 1933, Page 9
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