RURAL BANKS.

Hawera Star, Volume XLVI, 6 August 1926, Page 7

RURAL BANKS.

THE PROPOSED' LEGISLATION

COULD BE PASSED THIS SESSION

(BY TELEGRAPH PRESS ASSOCIATION.) WELLINGTON, Aug. 5. The delegates attending the New Zealand Farmers’ Union Conference entertained the President (Mr. W. J. Poison) with Mrs. Poison to afternoon tea, when the vice-president (Mr. W. J. Matheson) and others referred in eulogistic terms to the services Mr. Poison had rendered the farming community in undertaking a world trip in their interests on the question of rural banks.

Mr. Poison, in responding, said the Commission had brought back a scheme which was a sound, copper-bottomed one. It would not please everyone, but it would show' the way to get funds for the producers quickly and cheaply. They proposed taking the road which would get them there more quickly and cheaply than any other road. Having commandeered almost every scheme in existence, they had even gone to the extent of preparing the necessary legislation. If the Government was in earnest and pleased with what the Commission had done, there was no reason why it should not be on .the Statute hook this session.