The Banking Inquiry.
COUNCIL COMMITTEE SITTING NIGHT AND DAY. [By Telegbaph.] [Special to Standard.]' Wellington, This day. With a view of exhausting the evidence the Banking Committee of the Council are sitting forenoon and night. On Tuesday evening Mr Watson was further examined. Yesterday forenoon Mr Ward was under examination, and Mr Vigers who has been recalled from Dunedin was subjected to further examination last night before the Banking Committee of the House. To-day Mr Watson, in answer to Mr Maslin, says that he believed that Mr Henry McKenzie was the best man available in the colony for the position of General Manager of the Bank of New Zealand. Moreover, it was a moral obligation of the directors to appoint Mr McKenzie, who was always hi to believe that he would
receive the appointment. Witness would not exercise his power of veto in case of the appointment, of any other gentleman without firsl~1»»»> suiting the Government. He was subjected to a lengthy examination regarding the transfer of shares before the call was -made, and said that the directors were satisfied with all these exchanges. In answer to Mr Tanner, witness said he would not like to say some of the transfers were ante-dated. The Bank could not prevent people being dishonest. ■
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Bibliographic details
Hastings Standard, Issue 99, 20 August 1896, Page 2
Word Count
211The Banking Inquiry. Hastings Standard, Issue 99, 20 August 1896, Page 2
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