BANK OF NEW ZEALAND.
(By Telegraph —Parliamentary Correspondent.) WELLINGTON, September 4. In the House of Representatives, this af'ernoon, Mr Ell asked the Premier •vhy the Government consider it would be a wrong act to purchase the private shareholders' interest in the Bank of New Zealand for the public, while they consider it a perfectly proper and right act to compulsorilv purchase freehold land, private gas and electric-light works, e(c? Tne Premier replied that the positions were not analogous, and the Government wero not going to bring about financial dislocation throughout the colony which such a proposal, if attempted at present, would involve.
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Bibliographic details
Wairarapa Age, Volume XXX, Issue 8528, 5 September 1907, Page 5
Word Count
102BANK OF NEW ZEALAND. Wairarapa Age, Volume XXX, Issue 8528, 5 September 1907, Page 5
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