BANKS CLOSES.

Hawera & Normanby Star, Volume XLII, Issue XLII, 6 August 1923, Page 7

BANKS CLOSES.

Received August 6, 12.40 Dm ' ■"■•'■■■■•■■. MADRID August -3 Banking business is disorganised -a result of a strike of bank clerks- for higher wages. Numbers of clerks from England to renlace the rmalcwnteiits were intimidated,"and con-,-sequently the Westminster Bank closed -:sts doors. Two other banks have ceased business. The banks refuse do reinstate the strikers unless they resign from the * union., whicK they state-is cSntrolled by ■"Communists. There were some dis--orders, and twenty arrests were made: 'The Government is considering.a modi■Sfied form of moratorium with r, view to the monetary confusion — -Aus.-N.Z. X?ab!e Assn. ■

STRIKE OF CLERKS