The Banking Inquiry.
DISSATISFACTION WITH THE MANAGER BANK OF N.Z. Special to Standakd. , Wellington, This day. In the course of examination before the Banking Committee Mr Booth admitted that Mr Henry Mackenzie was practically foisted on the Bank of Now Zealand directors by the President. The directors were adverse to the appointment, and the matter was remitted to the Premier, who, while declining to give an opinion, suggested that Mr Mackenzie should be appointed manager, subject to three months' notice, which course was adopted. Mr Booth, in answer to Mr Guinness, further said that in his opinion a very much stronger and more reliable man than Mr Mackenzie was required as general manager of the bank. An additional three weeks' leave of absence has been granted to the Banking Committee by the House, but the opinion is that that will not suffice for their report to be presented.
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Bibliographic details
Hastings Standard, Issue 92, 12 August 1896, Page 2
Word Count
148The Banking Inquiry. Hastings Standard, Issue 92, 12 August 1896, Page 2
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