MR BEAUCHAMP'S RETIREMENT.
ALL those Who have taken an interest in the comprehensive reports of the commercial conditions of New Zealand, furnished by Mr Harold Beauchamp, Chairman of Directors of the Bank of New Zealand, will regret that the Government has not seen fit to re-appoint him as one of the State's representatives on the directorate'of t'he Bank. It is, of course, freely acknowledged that his successor, Mr. David Nathan, is a. man of wide commercial knowledge and business capabilities, ; but -when .Mr. Beauchamp s experience', especially as Chairman of Directors, is taken into consideration, ther p seems to be no good reason for the change. One of the most sti iking fe-a tures of .Mr. Beauchaimp's connection .with t'he Bank has been the outspoken
ilfl.tu.re of his remarks. He has always dealt with the questions that faced him in :i broad and unbiassed manner. Some little time ago he- was very <m phatic in Iris statement that it was the want- of confidence in the stability oi economic ■conditions that was a-usponsilble for the abundance of loan-aible capital in New Zealand. It is to be hoped that- his successor will fearlessly speak, the truth as he sees it, for with the information at his disposal he will bo*in a position to furnish valuable forecasts regarding the commercial conditions of the
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Nelson Evening Mail, Volume XLVII, Issue XLVII, 13 March 1912, Page 4
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221MR BEAUCHAMP'S RETIREMENT. Nelson Evening Mail, Volume XLVII, Issue XLVII, 13 March 1912, Page 4
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