STATE BANK RE-OPENING
SCHEME IN NEW SOUTH WALES LABOUR CAUCUS APPROVAL EXPECTED TRUSTEES NAMED. (United Tress Association—By Electric Telegraph Copyright.) Received 11,15 a.m. to-day. 'SYDNEY, Aug. 19. The Bill to provide for the reopening of the State Savings Bank has been approved by' the Parliamentary Labour Party and will he introduced in the Assembly' to-day. It was announced to the caucus that the following were expected to accept the Government’s offer ot appointment. as trustees of the bank: Sir Hugh Denison (chairman), Sir Clifton Love, Sir William Vicars and Mr O’Malley Wood. The name of Air F. E. Bryant was given as a likely fifth. Hundreds were unable to gain admission to a meeting of depositors at the Town Hall. The meeting expressed themselves in favour of Commonwealth as opposed to State control of the bank. After forming a depositors' association the meeting broke up ir. mild disorder.
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Hawera Star, Volume LI, 19 August 1931, Page 5
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148STATE BANK RE-OPENING Hawera Star, Volume LI, 19 August 1931, Page 5
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