A GOOD EXAMPLE

Evening Post, Volume CXXVI, Issue 137, 7 December 1938, Page 12

A GOOD EXAMPLE

By its further contribution of £25,000 to the share capital of the New Zealand Centennial Exhibition and its offer to subsidise £1 for £1 shares purchased by the public, until the company is fully subscribed, the Government has made a gesture which will be appreciated by the public generally and in particular by those who are working so

strenuously lo make the Exhibition a success. The decision has also brought appreciably nearer the

realisation of the aim of the directors, a share capital of £150,000. There is now only £12,500 to be raised from the public before the company is fully subscribed, and when this is in hand the directors will be, as the general manager (Mr. Hainsworth) states, in "a very happy position." But the money has still to be raised. The general manager regards the action of the Government as being in the nature of a challenge to the directors and the public to raise the remaining share capital. It is a challenge that should be taken up readily. Nothing succeeds like success, and if the finances of the Exhibition are on a sound basis before the gates are opened, the success of the venture, probably the most ambitious in the history of New Zealand, should be assured from all points of view. There may be some wlio, for a variety of reasons, have held back from subscribing, but, with the example of the Government before them, an example, by the way, which gives added security to the investment, there should be no further delay.