THE BANK OF ENGLAND.
SIR T. MoILWRAITH'S ATTACK. MR. LIDDERDALES REPLY. Press Association.—EUctrie Teltaraph.~CopyrigM. London, January 26. Mb. Wμ. Liddeedale, Governor of the Bank 'of England, states that Sir Samuel Griffith's reply in connection with the strictures passed by the Queensland Government on that institution simply justifies the attack, and is entirely unsatisfactory. The Bank must utterly decline to accept the explanation offered. Mr. Lidderdale points out that the Bank directly and indirectly materially contributed to the final placing of the loan, and the charge was absolutely without foundation that it had left the Government in a difficulty. The Bunk, he goes on to say, will continue to render services in connection with the existing loans, because they are already in the hands of the public, and cannot be interfered with ; otherwise the relations between the institution and the Queensland Government would be brought to a close at once.
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Bibliographic details
New Zealand Herald, Volume XXIX, Issue 8785, 27 January 1892, Page 5
Word Count
149THE BANK OF ENGLAND. New Zealand Herald, Volume XXIX, Issue 8785, 27 January 1892, Page 5
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