PERSONALS

Gisborne Times, Volume LXVII, Issue 10475, 4 January 1928, Page 4

PERSONALS

Inspector Eceles, who has been..promoted. to take charge of the Hamilton Police district, left Gisborne yesterday to take up his new duties,

Mr William Good, of Gisborne, who has been holiday-making in Auckland for some weeks, is now at Rotorua and expects to return home in about a fortnight. ■ ,

Mr H. T. Armitage, of Sydney, deputy-Governor of the Commonwealth Bank of Australia, who is returning to Sydney on the Niagara, says America is willing to lend more cheaply to Canada,. Australia, New Zealand and the- other British Dominions than to any other country in the world, except its own. Mr Armitage Fas been to New York and London to open in New York an agency of the Commonwealth Bank, states an Auckland message. For geological and other reasons, he said, New York can never oust London as the world’s banking centre, but at the present time America is accumulating wealth far more rapidly than she can profitably use within her own borders, and, as a matter Of economics, she is bound to lend it to other countries. This is just what England has- been doing for 100 years and more.—Special. -