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x LIBERTY WAR LOAN. -» i . s ■ ====^__ -; . x . ■ ■ - - IIIkITAUT ITOMATM ABOUT WAR LOAN nOUink \ An Individual Appeal to Subscribe. / v • ■ ■ ■ / v " / •*. f If the information you want about War Loan Securities is not supplied by the following answers, call at any Bank or any local Money-order Office which it open for tjie sale of these securities. J / . \ • ■ -f Q.—What is the War Loan, aniLwhat is it for ? Q.—Supposing I sell rfty Inscribed Stock ? A.—lt a loan of money by the people^of New Zealand to the. A.—You obtain a transfef form from the Treasury and -fill it . JNew Zealand Government to feed^clothe, and maintain up in accordance vHth directions given thereon our soldiers, so that they may continue to fight shoulder ■•/-' to shoulder with our Allies for\the overthrow of Q.—New Zealand Government Bonds and Stock are merman tyranny. ~. frequently sj#ken of as " best security in the Q.—What is a New Zealand Bearer Bond ? world'" W^ js thls true ? A.—When you lend your money to the New Zealand Govern- A.—Because the promise to pay is backed by the faith and ment you get the signed promise of the Government of honour of the Dominion of New Zealand and by the New Zealand to pay principal and interest. It is a taxing-power of the whole country, which in natural direct and unconditional promise of the Dominion of resources is; one of the richest countries in the world. New Zealand to pay on certain dates a specified sum of Q —Are War Securities exemnfr from tavatinn D money, with interest at a specified rate, and payable at ; J? . ™ fl Vi 1 exempt from taxation P specific dates until the bond matures. The Bonds are me lnte. res* °" *v% per cent bonds and stock is exempt issued to Bearer and executed by the Minister of from income tax, but the 5 per cent Post Office War Finance for New Zealand. A bearer bond is payable Loan Inscribed Stock is not exempt from New Zealand to bearer and can be passed from hand to hand without income-tax. _,—.---- the formality, of a transfer. The holder for the time O On what wTTTThp nmr»rlc n fmi c Uon u« *-v being is the recognized owner. U' Un Wnat Wlll tne ProceeaS Of this loan be spent ? Q.-What is the currency of the Bonds to be issued ?\ A-~Tl^f eeds of this loan will b° ™d *« war purposes A'~T^htov^X Apri1 ' 1918 ' and WiU mature °n\ Q.-How/can 1 buy War Loan Securities? Q.-What is Inscribed Stock? " Y^^ A-.—An investment for which no actual certificates are issued \ Afrril> 1918, and by paying the necessary amount. to investors, but their names and the amount of stock r\\ hi rM i ~ ... , , ... they hold are inscribed in the registers kept for the U.v-As a practical matter, will 1 have any difficulty in purpose at the Treasury in Wellington. • \/ attending tD these details ? (Interest free of New Zealand income-tax) A.—jfone at all. The New Zealand iTreasury, or any bank 414 per. cent New Zealand Inscribed Stock hag currency / registered broker, or postal money-order office will And is obtai^TouTh Lrbank; posta! money- / ffie y°U *" at «" time with°"' order office, or registered sharebroker. .r \ >. All inscribed stock and dividends thereon are payable Q.—When 1 hand my application and money to the to the person whose name is inscribed in the Register / hank or mnnpv r^or nffi^ ,'i * f j • -T and to no other. - Dank 4? r money-order office what do I receive P Q.-Can I sell my War Securities a^^ili^^ so desire, and can I borrow money on these ' Q-—^ow l°nß^o 1 hold receipts for Bonds ? securities? •: A.—Until theboqds are printed and distributed from the A—Yes ; you can sell your securities at any time, for there " nearest postal money-order office, when the receipts is a market for New Zealand Government Stock or must be exchanged for th« bonds. Bonds. They are considered good security for borrow- n> \wu * j i , • i . . ing money. uruy lor oorrow Q—What d*-^ receive in acknowledgement of an r* r* ¥ , .. " .................. investrrfent in-Inscribed Stock ? Q.-Do I get any interest on my money while if is A ._ You rece ive a provisional receipt, and when the amount » loaned to the Government, and at what rate ? is fully paid up a Certificate of Inscrfptfon signed by A. —Yes ; the New Zealand Government will pay you interest tiie Registrar of New Zealand Incribed Stock, will be at i\i per cent, a year on securities issued, free of New posted direct to you.*. Zealand income-tax, and 5 per cent on Post Office War r\ u/u * ■ *v ' V. Loan Inscribed stock, which is not free of New v< —Wnat are tne particular advantages of investing Zealand income-tax. ; in Inscribed Stock, as compared with Bearer Q.—How do I collect the interest on Bonds, and how Bonds ? \ often do I get it ? A.—You would be relieved o£. all anxiety regarding the A.-Attached to each bond are interest coupons die for each S° dy / f negotiable dements, such as a bearer where it will be cashed. The interest will be paid Q.—Why are^BeareT Bonds sorbetimes Dreferred to every 15th of May and 15th of November. The first Inscribed Stock ? - payment will date from Bth April, 1918- m^nucu oLu<-^ r Q.-Howdo I on Scribed' A-"B^?h:^L^a^^ iKte: y a^ <^^ Stock, and how often do I g^t it ? application to the Treasuiy. T witnoui A ~E^lts?™ou ha'o\V q tt tpa e yment S 9 lth ee ZlrlT^ °-Whal 'S P°St Offi« War Loan '^"bed Stock ? Q.-lfl.houldli^^yß«Srß«4how-rtisi-r transfer it to the new owner ? , and higher rate of interest—s per centos which, howa t^ n. • v v j X , , , ever» is not free of New Zealand income-tax. Tnt'~l'^ \l a coupon-^aw-bond, merely by delivery. Just, dividual holdings are limited to £500, and must be fully hand it to the new owner. paid up^ Minimumjnvestnient, £100. % Q.—lf I wish to assist my country in the fight for freedom but have only smalj4ieans,how can f<*£ so ? A-By purchasing a POST OFFICE WAR CERTIFICATE (free of Income-tax) at any Postal Money order itßc e \ Interest on War Certificates accumulates and is repayable with the principal at the end of the specified term, *■. J ' For I3s y°u can buy a/ jy Certificate For [^g You can buy a £1 Certificate For £g lO S you canjjuy a £JQ Certificate For £g You can buy a £\Q Certificate ps)r £65 Yotl can a £100 Certificate For £gQ You can buy a£] QQ Certificate Repayable in TEST Years. Eepayable in FIVE Years

LET YOUR ACTION BE PROMPT.

All may not be able to fight with gun, bomb, and bayonet, but all can help by making their money fight. Lend all yo^Ei can afford to your country to-day, so that the brave men who figM may haye meang to J^ victory, and Return to their homos again. J. G. WARD, Minister of Finance. Wellington, I6th March, 1918.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/KWE19180321.2.16.2

Bibliographic details

Kaipara and Waitemata Echo, 21 March 1918, Page 3

Word Count
1,143

Page 3 Advertisements Column 2 Kaipara and Waitemata Echo, 21 March 1918, Page 3

Page 3 Advertisements Column 2 Kaipara and Waitemata Echo, 21 March 1918, Page 3

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