CENTRAL BANK BILL
DIFFICULTY OVERCOME (Parlinr entary Reporter.) WELLINGTON, this day One of the differences between the Treasury and the Associated Banks, which has delayed the introduction of the Central Reserve Bank Bill, was the fixation of the price at which gold reserves would be transferred from the trading brinks to the new central institution,
It is understood that a compromise lias been reached, and that the bill will provide for an adjustment of the price by arbitration methods.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH19321208.2.155
Bibliographic details
Poverty Bay Herald, Volume LIX, Issue 17957, 8 December 1932, Page 11
Word Count
79CENTRAL BANK BILL Poverty Bay Herald, Volume LIX, Issue 17957, 8 December 1932, Page 11
Using This Item
The Gisborne Herald Company is the copyright owner for the Poverty Bay Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.