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WAR ON THE BANKS.

WHAT IT WILL MEAN. GENERAL MANAGER’S DECLARATION UNEMPLOYMENT AND BANKRUPTCY United Press Assn. —Elec. Tel. Copyright, (Received October 25, 9.15 a.m.) SYDNEY, October 25. The general manager of the Bank of New South Wales, Mr A. Davidson, in a letter to the editor of the Herald, declares that if the Australian banks are called upon further to finance Government works, it can only be done by calling in the advances already made, thereby ruining solvent borrow™ ers and creating unemployment

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WT19301025.2.74

Bibliographic details

Waikato Times, Volume 108, Issue 18159, 25 October 1930, Page 7

Word Count
84

WAR ON THE BANKS. Waikato Times, Volume 108, Issue 18159, 25 October 1930, Page 7

WAR ON THE BANKS. Waikato Times, Volume 108, Issue 18159, 25 October 1930, Page 7

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