Otago’s trusty bank
The diamond jubilee of the Dunedin Savings Bank might be termed a jubilee of thrifty enterprise. For sixty years the Dunedin Savings Bank has served as a beacon, so to speak, signalling people of all classes, especially those in moderate circumstances, to make forward-looking provision for economic independence. The social influence for good thus exercised cannot be estimated in terms of statistics, though, the recorded figures tell their own eloquent tale. The Bank has had its non-progressive seasons, corresponding with periods of general depression; but it is satisfactory to note the remarkable advance in the transactions of the last decade. The Bank’s record from 1914 has been marked by unparalleled prosperity. The number of depositors has actually been more than trebled. The sum total of all the deposits for the previous half-century was exceeded in ten years by more than 100 percent — a truly astonishing development. There was an increase of 800 percent in the deposits in comparison with those of the preceding decade. Money-making has never been a primary concern of the Dunedin Savings Bank, and the history of the distribution of the profits forms an inspiring chapter in commercial and social annals. It may well be claimed that the philanthropic side of the sixty years’ operations represents a substantial asset to the community, more than £27,000 having been allocated to public institutions furthering general welfare and advancement. It must be remembered, too, that this wise largesse has not been bestowed to the detriment of the depositors, who from the beginning have received interest at a rate higher than that granted by the Government through the Post Office Savings Bank. It is to be trusted that an institution in which Dunedin takes a just pride, having passed this significant milestone, will pursue a career of unchequered prosperity, and be instrumental in a further, and not unnecessary, development of the genius of thrift. — editorial
Aspersion cast at applicant
At the ordinary meeting of the Otago Hospital Board on the 25th of this month the following motion, notice of which had been given by Dr Newlands, will come up for consideration: "That the resolution of the board that Miss Mabel Thurston be appointed matron of the Dunedin Hospital be rescinded." In the event of the above motion being carried Dr Newlands will move: "That Miss Thurston be appointed matron of the Dunedin Hospital, subject to her furnishing the board with a medical certificate of satisfactory health, and with a certificate that her age is, as stated in her letter of application — namely, 49 years." — ODT, 13.9.1924