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THOUGHTS OF THE TIMES,

THREATENED BY LABOR lb POLITICIANS. Discussing some of the issues arising from the recent closure of the New South Wales Savings Bank, the ‘'Sydney Bulletin” says:

“There is no reason to suspect umv any of the other banks are likely to become involved. It is plain, however, that no one can more quickly destroy financial institutions than the politicians. So long as these persons threaten the savings of the thrifty bv proposing glittering substitutes Tor work and economy, instead of making an honest effort to balance their budgets, so long will confidence decline, capital remain shy, trade dull, unemployment acute, and the market for Government bonds and other sucurities depressed.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HOG19310513.2.29

Bibliographic details

Hokitika Guardian, 13 May 1931, Page 4

Word Count
114

THOUGHTS OF THE TIMES, Hokitika Guardian, 13 May 1931, Page 4

THOUGHTS OF THE TIMES, Hokitika Guardian, 13 May 1931, Page 4

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