"New Zealand Ought To Temper Its Zeal——"
Press Association —Copyright •'.-' London, Aug. 30. 1 Tribute to the New Zealand Government's moderation in the exercise of its new powers is expressed by the Economist which, however, expresses apprehension lest the Reserve Bank should become involved in the dual incompatible business of central and commercial banking. "Moreover," adds the paper, "it is scarcely just to deprive the trading banks of remunerative business while expecting them to provide complete banking facilities for customers at little or no direct cost. New Zealand ought to temper its zeal with circumspection and ovoid crippling and restricting the existing machinery of commerce and finance."
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Bibliographic details
Stratford Evening Post, Volume IV, Issue 222, 31 August 1936, Page 3
Word Count
107"New Zealand Ought To Temper Its Zeal——" Stratford Evening Post, Volume IV, Issue 222, 31 August 1936, Page 3
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