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BANK LEADER ATTACKED

POLICY IN AUSTRALIA PREMIER LANG INDIGNANT ALLEGED PERSONAL BIAS. OPPOSITION TO THE STATE. (Unite 1 Press Association —By Electric Telegraph Copyright.) Received 10.30 a.m. to-day. SYDNEY Oct. 3. In the Legisaltive Assembly the Premier (Mr J. T. Lang) attacked the chairman of the Commonwealth Bank Board, Sir Robert Gibson. He said that Sir Robert was conducting the Savings Bank business in deliberate opposition to the State Savings Bank. Mr Lang had received information that the Commonwealth Bank was opening a number of branches in opposition to the Government Savings Bank. He added: “It is clear to every reasonable-minded man that Sir Robert Gibson’s personal antipathy to me is a very important factor, and I should say the main motive prompting the Commonwealth Bank to do all in its power to retard the rehabilitation of the Government Savings Bank. “I do not mind Sir Robetr objecting to me personally, or to my politics, but I do very strongly object to his using the money of the supporters of the Commonwealth Savings Bank to build palatial premises and conduct a savings bank business in deliberate opposition to the State Savings Bank in centres where the State Bank is _ well able to provide the necessary service.”

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HAWST19311003.2.32

Bibliographic details

Hawera Star, Volume LI, 3 October 1931, Page 5

Word Count
206

BANK LEADER ATTACKED Hawera Star, Volume LI, 3 October 1931, Page 5

BANK LEADER ATTACKED Hawera Star, Volume LI, 3 October 1931, Page 5

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