The New Bank President.
On Monday the Hon Mr Ward informed the House of Representatives that the Government had appointed Mr William Watson. Presideul of the Bank of New Zealand, at a salary of £2250 per annum, during good behaviour. He might state that Mr Watson was a man of considerable experience, recognised in banking and commercial circles aa of undoubted ability and business rapacity, and as a man of the highest integrity. Mr l.arnach : l think that this is another initiation done to the Colonial Bank — The Speaker : There is no question before the House. .Just as the first order of the day was celled on. Captain Russell asked the meaning of the term “ during good behaviour ”? Was this, he asked, a life uppoiatnaent ? The Colonial Treasurer replied that it was not a life appointment, and that the s«rtns of the communication would clearly indirale that it was not no. Mr l.arnaeh again interposed: Sir, by She indulgence of Sue House— The Speaker : The order of the day being called on, nothing can interrupt it. The Houee accordingly passed on to the Licensing Bill.—N.Z. Time*.
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Bibliographic details
Pahiatua Herald, Volume II, Issue 213, 10 October 1894, Page 3
Word Count
186The New Bank President. Pahiatua Herald, Volume II, Issue 213, 10 October 1894, Page 3
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