gAVING pRTVATE J]STATES. When Sir Julius Vogel, half a century ago, persuaded Parliament to pass the Public Trust Bill his action was not due to a pressure for "State enterprise” in a general way. It was not the wish of the statesmen here in the early seventies to look for a Government profit in a new undertaking. They decided to establish the Public Trust Office because >hey were firmly convinced by hard cold facts that such an institution was necessary for the safeguarding of private estates. As far back as the year 1870 Sir Julius Vogel referred to "innumerable cases” of minors whose inheritance had been largely wasted or utterly lost by the mistakes, the unwise speculation or the peculation of trustees. The Public Trust Office came then as a sure means of enabling a testator to make the best possible provision for his dependants without fear of mishap. For information, apply to—- 1 F. M. WHYTE, District Public Trustee, D—B New Plymouth.
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Taranaki Daily News, 18 August 1926, Page 8
Word Count
163Page 8 Advertisements Column 4 Taranaki Daily News, 18 August 1926, Page 8
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