Pictorial New Zealand

Cover Pictorial New Zealand
Pictorial New Zealand
Westby Brook Perceval
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The want of inventive power in this direction presents a striking contrast to the American fertility of nomenclature. In the States the value of a distinctive name for advertising purposes is too 180 PICTORIAL NEW ZEALAND. [DUNEUIN. Well appreciated for similar names to be adopted; in Australasia one might think that new companies were trying how near they could get to the name of some old establishment without infringing the law. But to return to the banks in question. The Colonial Bank, with ...its clock tower and handsome arcade, . Looks far more like a town-hall than a bank. It was built in the days when Otago enjoyed Home Eule, and was to be the seat of the pro- vincial authority ; but when the Provincial Governments were abolished, the Pro- vincial Buildings, as they were called, were sold to the Colonial Bank of New Zealand, an institution born in Dunedin and managed there. The Bank of New Zealand (without the " Colonial ") has its head-quarters in Wellington. It is the principal financial house in the colony, and keeps the Government account.

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