CHARGE AGAINST BANKS
REV. E. T. COX'S CRITICISM REPLY TO MANAGERS [BY TELEGRAPH —PRESS ASSOCIATION] DUNEDIN, Monday Following his statement about the banks threatening to deny accommodation to members of the Labour Party, and the bank managers' absolute denial of the allegation, the Rev. E. T. Cox, Mayor of Dunedin, said: "While I accept the statement of the managers as far as the majority is concerned, it docs not do away with the fact that customers have reported to me this week along tho lines that I outlined. I am having affidavits signed to send to the Prime Minister to deal with. " The banks are the business of the Government, and I merely point out the abuse. The banks' attitude is not new, for at the last general election they paid for splash advertisements in metropolitan newspapers urging people to keep Labour out. Thus they used shareholders' money for illegitimate purposes. Unless they mend their ways, tho days of the private banks in this Dominion are numbered."
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Bibliographic details
New Zealand Herald, Volume LXXV, Issue 23033, 10 May 1938, Page 12
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167CHARGE AGAINST BANKS New Zealand Herald, Volume LXXV, Issue 23033, 10 May 1938, Page 12
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