Second Editon. Great Britain

Stratford Evening Post, Volume XXVII, Issue 51, 30 June 1915, Page 6

Second Editon. Great Britain

, THE HEW WAR LOAN. MR ASQUITH AT GUILDHALL. \ NATIONAL ECONOMY MOVEMENT - Unitvb Pun A«suoj*'wo*. (Received &S'p.m.) , London, June 29. Mr Asquith,., at a crowded meeting of city rneiVAt Guildhall, had an enthusiastic reception. He said the success of the loan as a financial instrument was 1 absfalutely secure. One : -hundred years ago.our ancestors had * sjient eight hundred millions in- vindicating the -freedom of Europe, and we were likely to spend three millions daily for months to come in the'same cause. The daily revenue from taxation is three quarters of a million, hence the urgent necessity for the loan. This was the first great-deruo- . cratic loan. The State was/appealirig ti> those wliose resources were mn-t • limited to contribute their share in meeting the . supreme national need The meeting was also Called to initiate a national movement in favor Ot economy of waste on the part ! of either individuals or classes;' which are ai: i ways foolish’ arid short-sighted, ‘ arid v/hioh was nothing short of national danger , at the present time. (Received 2.40 p.m.) • vLohdon, June 29. * McKenna,' m the’’House of Commons, • rbfeefirig to poiht -cabled on the 25th,. sdid "that 'only; ■•owners’-'of, consols and bid - war stock can exeid i’ise the option to coiivert.- '-i THE KEIGHLEY ELECTION. -■< (Received 2.40 p.m.) London, June 29. • Sir S. Smith (Liberal) was elected unopposed for Keighley (Yorkshire).