FINAL WAR LOAN.

Press, Volume LV, Issue 16418, 11 January 1919, Page 8

FINAL WAR LOAN.

MINISTER'S ANNOUNCEMENT. •Discussing the probability of a further war. loan of £10,000,000 beinl floated in April next, the Hon. A. M. Myers (Acting-Minister of Finance) stated at Auckland on Wednesday that it was not to be supposed because hostilities had ceased expenditure had stopped. It was estimated, he said, that this would amount during the next three months to approximately £1,750,000 per month. This being the position, it devolved upon 1 every citizen to recognise his duty by contributing to the utmost of hiß ability to the Anal Victory Loan. Although the ordinary expenditure on the war should be a gradually diminishing sum, it must be remembered that the cost of repatriation, demobilisation, settling soldiers on the land, and granting assistance to Boldiors Btill had to be provided for. ' "From an examination of the figures published by the banks," said the Minister, "it is evident that there is still a large amount of money available fpr subscription towards the proposed. Vipj tory Loan. In this connexion I may mention that the amount standing to the ciedit of depositors in Government and private savings banks for the financial year 1918 was £83.002,607, as compared) with £19,214,671 for 1914."