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New South Wales Finance

Cheap Money

PiiMi Aiinoiitlinn.—CflDrriylii Hvdnbt. this day, Mr. Caisiuhuehs lias informed a deputation that tlio Government arc lirmly roEolvod lo amalgamate tlio two savings bunks at present mulor the control cf tho Oovommt-ril, and lr:iid monoy nt a lowa' rale of interest than the Govermnoiil banks, so that those engaged in producing would (jot money direct at tho lower rale, enabling them lo cultiva'o more luul. Thorn would be no inducement lor wild peculation, nnd the security Aould bo as "ood as that demanded by any well-man-financial institution. IT

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WHDT19040924.2.25

Bibliographic details

Waihi Daily Telegraph, Volume IV, Issue 1102, 24 September 1904, Page 3

Word Count
93

New South Wales Finance Waihi Daily Telegraph, Volume IV, Issue 1102, 24 September 1904, Page 3

New South Wales Finance Waihi Daily Telegraph, Volume IV, Issue 1102, 24 September 1904, Page 3