CENTRAL RESERVE BANK
OBJECTS OF BILL CONDEMNED BY OPPOSITION LEADER (United Press A esociation—By Eleotrio Telegraph—Copyright) Mr Latham, Leader of the Opposition, speaking in the House of Representatives on the Central Reserve Bank Bill said that the Government obviously sought 'to . control currency and credit in order to achieve political and social objects, and ultimately to place the control of banking in the hands of the people. This opinion was strengthened by the decision reached at the recent Federal Labour Conference, which asked the Government to establish credit and provide £20,000,000 for unemployed and relief works. There was not the slightest doubt that the Government intended to depart from the canons of sound finance. He hoped that the Senate would reject the Bill.
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Bibliographic details
Nelson Evening Mail, Volume LXIV, 4 June 1930, Page 5
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123CENTRAL RESERVE BANK Nelson Evening Mail, Volume LXIV, 4 June 1930, Page 5
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