COMMONWEALTH BANK
NEW PROPOSALS SEVERE OPPOSITION INDICATED (Unite! l'rosri Association—By Electric 'J.Vlejjraph— Copyright) SYDNEY. 7lli March. Further details of Mr Tl dole's proposal to enlarge the si ope of the Commonwealth Bank disclose thai the object is to divide Ihe hank, i part to 'be a central reserve bank and the other ;i trailing bank, v, hii ii will come directly into competition with trading banks. The idea is likely to encounter severe opposition. Even' members of Mr Theo dorc's parly are not wholly in sympathy and believe; I'iial a better substitute Would be an increased note issue.
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https://paperspast.natlib.govt.nz/newspapers/NEM19300308.2.74
Bibliographic details
Nelson Evening Mail, Volume LXIV, 8 March 1930, Page 7
Word Count
98COMMONWEALTH BANK Nelson Evening Mail, Volume LXIV, 8 March 1930, Page 7
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