RESERVE BANK BILL.

Hawera Star, Volume LIII, 4 November 1933, Page 4

RESERVE BANK BILL.

(To the Editor.) Sir, —I would like to ask our member, Mr Dickie, the following questions: (1) Is he in favour of the Reserve Bank Bill being passed (a) as it now stands, (b) with amendments? If he is in favour of (a) will he give his electors his reasons why it should be passed and what advantage it is going to be to the Dominion and posterity; (b) what amendments does he think should be incorporated into the Bill and what will be the advantages of those amendments. (2) What body of electors has pressed the Government for the steam rolling of the Bill through Parliament. (3) Why should the Government make a gift of £1,000,000 to the bank if they are not going to have any voice in its administration ? Government. nominees with a vote will have no voice against four private shareholders with personal interests at stake. Mr Forbes says in Thursday’s “Star” that private shareholders are there to promote confidence in the people.. Rubbish; it doesn’t say much for his opinion of liis party. Does Mr Dickie honestly believe that the passing of the Bill is Toing to end the slump? Does he think we can borrow more money with "he aid' of the bank? We can’t pay tt debts now. In conclusion, I would like to remind Mr Dickie that his and our forefathers fought and gave their lives so that future generations 1 may have a voice in the Government of their country, and on top of those nets the Government lias the audacity to endeavour to pass the Bill against such overwhelming opposition. Thankng von.—l am, etc.. HAROLD J- FINLAY. Tokaora, Nov. -2.

Discussing tlie property market with n “Hawera Star” representative tori ay Mr X. Grant, of Grant and Co., Real Estate Agents, stated that there were definite signs of improvement as far as town property was concerned. A number of sales of'houses had taken ojace during the past two or three months and it was pleasing to note that building sites were again in demand. He knew of several recent sales and in all cases buyers intended to build. A- resumption of building Would materially assist the employfont problem, and at the same time would have, a hardening effect on prices of sections. Confidence was slowly but surelv returning.

HUNTINGTON’S; ’Phone <sllß. Distinctive cTiarm is expressed: in the new season’s underwear, silk celanese and locknit weave, together with fuji silk, creating most favour. Lock-, nit vest and bloomers sets in pretty shades at 5/11 the set, fuji silk bloomers at 2/4, pretty celanese pyjamas and niglits to capture the eye, tthe new shaped slips at 8/11 and a charming range of embroidered dressing gowns from 13/0 are a few particularly bright stars.—Advt.