THE POST OFFICE SAVINGS BANK FUNDS.
" TO THE EDITOR.
"Who were the guarantors of the Post Office and Public Trust Office securities but the colony itself, .-and the Government were therefore right ia usiDg. them if necessary."
Sib,—The above /is extracted from: your report of the Premiers speech on the subject of the Agent-general's circular..
"The Government a:e right in using them if necessary." Such are our Premier's ideas with .reference; to*'the savings of the people! The strange part of it is that they have used them already—every shilling of them—and replaced them by . debentures under the Consolidated Stock Act, Westport Harbour Board deben^ tures, Treasury bills, and what not. What the Treasurer claimed was the right to use them twice over! Well, I never! First he takes the people's money and puts the colony's'l O Uin the cashbos, and then offers the same I O TT to Loridbn: mousy-lenders. Ye gods and little fishes !—I am, &c, ■ ■ . .
July 15.
K. N. PEPPA,
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Bibliographic details
Otago Daily Times, Issue 10417, 20 July 1895, Page 8
Word Count
163THE POST OFFICE SAVINGS BANK FUNDS. Otago Daily Times, Issue 10417, 20 July 1895, Page 8
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