SIR OTTO NIEMEYER.

New Zealand Herald, Volume LXVII, Issue 20721, 14 November 1930, Page 11

SIR OTTO NIEMEYER.

PASSENGER BY NIAGARA. FINAL SPEECH IN SYDNEY. (Received November 13, 11.55 p.m.) SYDNEY, Nov. 13. Sir Otto Niemevcr, representative of the Bank of England, sailed by the Niagara for Auckland this afternoon. He had Leon staying in the country for the past few days in order to avoid interviewers, who did not know until the last minute that he was to leavo Sydney. Sir Otto maintained his reputation for reserve by remarking that he had nothing to say about anything. However, at a luncheon at the Journalists' Institute earlier in the day he had made a few remarks. He said the Bank of England had intervened in Australia's financial and economic affairs because it had been asked to do so. Jt ought to be remembered that twice in the last five years the Bank of England, at its own expense and for no motive whatever except that of public service, had sent representatives to Australia. Any views which he had expressed in this country were not political views. " Whether you agree with those views or not," said Sir Otto, " they were framed as a result of an impartial study of Australian conditions."