A LESSON WORTH HEEDING.
THRIFT AND THE NATIONAL
CHARACTER
AUCKLAND SAVINGS BANK
EULOGISED. ■ 1 [per pp.ess association.] Auckland, July 22. The Governor, speaking at the ceremony of the re-opening of Auckland Savings Bank, which has; been remodelled at a cost of £6OOO, referred to and paid high ■ tribute to the public-spirited men; who had nurtured the institution; through a period of adversity to the present proud position of prosperity with 45.776 depositors, with deposits amounting to £1,292.191. ; Of all the enactments of the last| century, of all the beneficent insti-; tutions, none contributed a morej potent influence on the national' character and personal and contentment than the Savings; Bank. He spoke of the importance' of the institution in encouraging: thrift, especially amongst the indus-j trial classes. The economic conditions of New Zealand and the rate; of wages were higher than those of f older countries, but the cost of; living was unalterably and remorse-1 lessly higher, therefore it was ini J portant for workers to be encourag-! ed to provide for the time when it j would no longer be in their power; to earn money, and they yet had! time to provide for old age.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HBTRIB19110722.2.50
Bibliographic details
Hawke's Bay Tribune, Volume I, Issue 185, 22 July 1911, Page 5
Word Count
196A LESSON WORTH HEEDING. Hawke's Bay Tribune, Volume I, Issue 185, 22 July 1911, Page 5
Using This Item
NZME is the copyright owner for the Hawke's Bay Tribune. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in