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RESERVE BANK

RISK OF CIVIL AVAR IN N.Z

AIR, RUSH WORTH’S GLOOAIY FORECAST.

(Press Association) WILANGAE.LT, Alay ,24. Condemning the Government’s Reserve Bank Bill, Air. Rusbworth said at the meeting of the Auckland Provincial Farmers’ Union Conference, that ono clause provided that monopoly should bo given to this reserve bank for twenty-five years. "The Government of New Zealand,” he continued, “thus sets up a contract binding tbc people of New Zealand to this bank, and there is a risk that through this clause, the measure might create a state in this country, which will lead to civil war if an attempt is made to break that contract. Tins, to my mind, is part of the ghastly conspiracy to transfer control in New Zealand first to tho Bank of New Zealand, and then to the Bank! of International. * Settlements, and once that is done nothing but bloody revolution will get us back our power of self-government.”

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GIST19330525.2.34

Bibliographic details

Gisborne Times, Volume LXXIII, Issue 11953, 25 May 1933, Page 5

Word Count
155

RESERVE BANK Gisborne Times, Volume LXXIII, Issue 11953, 25 May 1933, Page 5

RESERVE BANK Gisborne Times, Volume LXXIII, Issue 11953, 25 May 1933, Page 5

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