Untitled

Southland Times, Issue 25307, 10 June 1935, Page 6

“Much public interest is still being shown in the banking system of the Dominion, largely due to the criticisms levelled from certain quarters. Unfortunately much of this criticism is born of a lack of true appreciation of the functions performed by the banks. This ignorance, which may prove dangerous to the community as well as to the banks, should be dispelled,” states the fifteenth annual report of the New Zealand Bank Officers’ Guild. “The gravity of the situation is realized by both the guild, and the banks, and it is hoped that steps will be taken to deal with it”

Some 80 years or more ago during the Maori War the Sixty-fifth Regiment of English Infantry was encamped in Waipukurau in a stockade situated on the site of what for many years past has been used as the borough reservoir. A few days ago the centre of a lawn, the-property of Mr G. E. Fowler, Wallace Road, Waipukurau, subsided. Investigation dis. closed that a well had existed in the spot when the infantry were in camp so long ago. When further use for it had disappeared, the top of the well, which was very wide, had been covered over with totara timber about three feet from the top and then covered with soil. The passing of threequarters of a century saw one of two of the totara boards decay, with the result that the existence of the well was discovered. Most of the timber was in an excellent state of preservation,