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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Manilla Express
Location
Manilla, New South Wales, Australia
Date
Dec 02, 1952
Page
4
A speech at the Bank of New South Wales annual meeting criticizes excessive taxation and government overspending, warning it risks drying up enterprise. It calls for restructuring the Commonwealth Bank and argues central bank ties hinder banking leadership.
The Saturday shoot featured the seventh stage of the GS Handicap over 300 yards with scores counting toward the Shaw and Ghys aggregates and the Nott Memorial Shield. Top marks include W. G. Hall 69:2, A. A. Yates 66:8, H. Dengate 66:8, and D. Hall 62:4. Lone Pine Range hosted 25 yard .22 rifle stages with a 50 possible score and teams from the Soils Conservation lab and Lone Pine Club. Lone Pine won 206 to 182. Details list individual and team totals for the day and note the next event, the seventh John Blair Handicap over 500 yards, and the December Challenge Cup with H. Dengate as current holder.
Money lent through the 16th Security Loan will earn interest at 44 percent per annum for nine years. Repayment in full at maturity is guaranteed by the Commonwealth. The funds will be used to support banks savings banks money order post offices and stockbrokers across Australia are ready to receive subscriptions. Your money and help are needed.
The notice states a total target of 20 million pounds for public works and services funded by government bonds. Denominations range from 10 to 1000 pounds with minimum subscriptions of 10 pounds or 100 pounds in stock. Installment options available with specific due dates and full repayment guaranteed by the Commonwealth Government. Applications via banks, post offices, or stockbrokers.
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