THE VICTORY LOAN

Bay of Plenty Beacon, Volume 8, Issue 8, 15 September 1944, Page 4

THE VICTORY LOAN

IN the third week of the Victory Loan campaign a survey of the response suggests that investors who should take up stock are lagging somewhat in many parts of the country. Forty millions is a large sum but not out of proportion to the availably stored up resources and the buoyant current income of the people, states the National War Loan Committee, but it has to be admitted that just as a war cannot be fought in the spare time of the fighting men war finance cannot be- provided from one's loose change. It means a definite call to pledge capital as well as set aside an amount of income involving some sacrifice. Therefore a Victory Loan investment adequate to the greatest obligation to one's country needs time for consideration. This is probably the reason-why investments in stock to date are fewer than at the corresponding period <yf last year's Liberty Loan campaign. However one reassuring fact emerges from this week's stocktaking the people as a whole are even more "loan conscious" than they were last year when so magnificent a response was made by over four hundred thousand investors large and small. The ideal today is a pledge of monetary backing for the fighting men by at least half a million men and women on the Home Front. The National War Loan Committee asks investors to make up their minds this week and thus encour age between three and four thousand patriotic workers who are giving their time on district loan committees all over the country and just at the moment feeling a little anxious over the good name of their own locality. They have a carefully calculated quota of the loan to raise in « • i _1

order to maintain the good name of their own people. 2nd to show that there is no slackening among the non-fighters just when the fighting men are making victory sure.

Ambulance Street Appeal The Whakatanc. branch of the St. John Ambulance Avill hold its annual street appeal, November 10. At the Council's Pleasure A request from J. Ditchfield as to whether the meetings of the Borough Council were open to the public, was answered in the affirmative at the meeting qji Monday evening. The Mayor pointed out that although members of the public could only attend at the Council's there was no objection to any persons attending providing th s y did not seek to take part in the deliberations or discussion. The Council had nothing to hide.

Bonfire at Heads In reply to a request from the Secretary of the Girl Guide Rally the Whakatane Borough Council last Monday debided to co-operate in the matter of building a bonfire at the Heads which the local Girl Guide Company intends lighting in conjunc-

tion with its 21&t anniversary celebrations on September 30. The- question o£, the disposal of such a great quantity of driftwood was mentioned by Cr Creeke who suggested that several piles should be made as one large one might prove, dangerous. He warmly welcomed the proposal and offered to assist and personally supervise the whole scheme.