VICTORY LOAN

Evening Post, Volume CXXXVIII, Issue 57, 5 September 1944, Page 6

VICTORY LOAN

£7,500,000 IN HAND

ANOTHER 29 DAYS TO GO

More than £1,000,000 a day will be needed to fill the £40,000.000 Victory Loan. The total subscribed up to last night was £7,583,731, leaving £32,416,269 to get in the next 29 days. Of the sum already in hand, £5,524,491 was in advance subscriptions. Each of the 20 loan districts has been allotted an objective and the objective percentages are as follows:' — Southland, 45 per cent.; 36; Taranaki, 27; Otago, 25; Marlborough, 19; Waiiganui, 18; Westland, 17; Manawatu, 17; Wellington, 16; Waikato-King Country, 16; South Canterbury, J. 6; Hawke's Bay, 16; Nelson, 16; North Otago, 16; Wairarapa, 14; Buller, 14; Northland, 14; Canterbury, 13; Gisborne. 13; Thames-Bay of Plenty, 13. BONDS ON TIME-PAYMENT. A method of investment which is rapidly gaining favour, and from which the local quota should benefit materially, is the financing by the employer of the purchase of Victory Bonds, which are then paid for by the workers by deductions from wages spread over a period. When the amounts are fully paid, the bonds are handed over by the employer to the employee. The committee set up by the Wellington Trades Council to promote the interests of the loan in the Labour movement is firmly behind this scheme, and is willing to give employers every possible assistance in launching it among their staffs. Employers' organisations are also asking their members to assist, and present .indications are that this willing co-operation between employers and workers and their respective organisations will go a long way towards combing out the field of small investment in the loan. The importance of every wage-earner doing his or her utmost to invest savings in the loan cannot be overstressed, and this method of purchasing bonds on deferred payments offers him the chance of making his contribution to the loan as large as possible. The Labour committee will arrange talks to short meetings of workers to' explain details of the scheme, and will also provide bonds and wage deduction orders to'employers wherever required, thus minimising the extra work thrown on accountants and office staffs in organising the scheme. Every shop, office, factory, or other undertaking should set itself an objective to reach by this means, and any employer or group of workers desirous of ! information or help on this matter should get into touch with the Labour committee's organiser at the Trades Hall, or by telephoning 50-420, when all possible assistance will be given. APPEAL TO EX-SERVICEMEN. The Dominion Executive Committee of the New Zealand Returned Servicemen's Association has issued an official appeal to its members and all ex-ser-vicemen urging. them to" support the Victory Loan, states the National War Loan Committee. The reasons given apply equally well to all others. The appeal states: — "The papers are full of good news . . . The future is bright with promise. Millions of people think its 'all oyer bar the shouting,' but you know different. Every ex-serviceman knows fhat the toughest job is ahead of us— the smashing of the enemy on' their home ground. Think back to your own war experience. Remember the supplies you saw pouring through railheads in 1918 ... the shell dumps . . . the comforting batteries that moved up under cover of night. They were the things that helped you to win your objectives, and hold them. "Today, supplies are even of more importance to our men overseas. Even the P. 8.1, is largely mechanised, and they've got to have planes, tanks, munitions, and other supplies multiplied beyond power of imagination. That's why we appeal to you now to invest in the 1944 Victory Loan. Perhaps you have bought them before. Then because of all you know and are •. . . make a still bigger purchase. The bond that will do the most good is the bond that you think you cannot afford. "Perhaps you have sons or daughters who can save in order to lend. Help them to see their duty as clearly as you have always seen yours. When all is said and done who can be the worse for having money tucked away and earning interest ready for when it's all over? And who should know it better than you?" WOMEN'S PART. A meeting of representatives of all women's organisations was held in the Council - Chamber today. "It is important," said Mrs. E. M. Gilmer, the convener, "that every woman take an active part in the Victory Loan campaign and do her part as a member of .the community. Every section of the' community is being organised into activity, so don't let it be said that the women have fallen down on their part. Time is short, but we have four weeks in which to do an urgent and vital job of work."