PARLIAMENTARY NOTES

Hawera Star, Volume L, 11 September 1930, Page 4

PARLIAMENTARY NOTES

RETORT TO THE BANKS.

(By Telegraph—Special to "The Star.") WELLINGTON, Sept. 11. A profitable coinage suggestion, as a retort to the recent banking developments, is made by Mr C. A. Wilkinson (Egmont), who asked the Minister of Finance whether, in view of the proposed curtailment of the circulation of ten shilling bank notes and the consequent increased circulation of silver coinage in lieu thereof, the Government will consider arranging with the Imperial Mint authorities for the special issue of a silver coin suitable for the Dominion’s requirements. He points out that this should bo a very profitable transaction, considering that an ounce of silver, worth to-day Is 6d, when combined with an alloy to the present coinage standard, will produce coins to the face value of 10s.

EADIO POLICY.

The attention of the PostmasterGeneral has been called by Rev. Clyde Carr (Timaru) to statements in the Press regarding the possible developments of radio broadcasting in New l Zealand, including reference to the projected establishment of a new and powerful station in Wellington. Ihc Minister is asked to inform the House what the Government’s policy is likely to be after tbe expiration of the present contract with the Radio Broadcasting Company.