LANG v. GIBSON

Feilding Star, Volume 8, Issue 2540, 3 October 1931, Page 5

LANG v. GIBSON

Is It a Personal Matter A CLASH ON BANKS FEDERAL AGAINST STATE N.S.AV. SAVINGS BANK AFFECTED BA' COMPETITION By Telegraph—Press Assn —Copyright (Aust. and N.Z. Cable) (ICieeivcd October 3, 0.00 Sydney, October 3. In tho Legislative Assembly TJrein: cr La.ng attacked the Chairman nl tin Commonwealth Dank Boaid, Sir Robert (*ibsf.n. wlio lie said, was conducting tlie Savings Dank business in deliberate opposition to the Slate Savings Bank. Mr Lung had received information that the Commonwealth Bank wag opening a. number of Inane lu s in opposition to the Government Savings Bank. He. added: “It is clear 'to. every reasonable- minded man that Sir Robert Gibson’s personal antipathy to nii c is a very important factor and 1 should say this is his main motive in prompting the Commonwealth to do all ill its power to retard the rcbpbilijtatiiolni of tbp Government Savings Bank. i do not mind Sir Robert objecting to m© personally or my politics, but 1 do every strongly object to his using the money of tile, supporters of the Commonwealth • Savings Rank to build palatial premia :s and conduct savings Link business in deliberate opposition to the N.S.AV. Savings Bank in centres where the State Bank is well able to provide -ha necessary service.”