The Stratford Evening Post WITH WHICH IS INCORPORATED THE EGMONT SETTLER FRIDAY, AUGUST 11, 1916. THE WAR LOAN.

Stratford Evening Post, Volume XXXI, Issue 11, 11 August 1916, Page 4

The Stratford Evening Post WITH WHICH IS INCORPORATED THE EGMONT SETTLER FRIDAY, AUGUST 11, 1916. THE WAR LOAN.

Particulars regarding the £8,000,000 War Loan to be raised in New Zealand, which the Government publishes to-day, will be read with interest by all classes of the community, and there is 1 ' every? reason to believe the loan will be handsomely subscribed. Many leaders of public opinion in this Dominion have long maintained that we have no right to add to the Mother Country's already tremendous financial burden'by asking London for all the loan money we require, and there is not the slightest. doubt but what New Zealand can easily raise locally the eight million pounds sterling now asked for and more if wanted. The scheme now placed before the public is an attractive' one, and it is m> set out that almost everybody in the land

may, and ought to, take up some portion of the loan. The recently published particulars of the third Australian war loan fully justified anticipations as to what could be done within the Commonwealth in the way of raising money for the great purpose ofj winning the war. Subscription* totalled £21,759,000 for the third Austra-, lian loan, and it has to be home in! mind that an interval of only six j months had elapsed since the notation of the Commonwealth's second war loan, which yielded £21,655,580, while six months prior to that again the first war loan had been subscribed to the amount of £13,389,-140. Thus the total sum which the Federal Government has been able to raise for warj purposes within a year by domestic; loans is in round figures £56,»00,000. \ These facts are a fine illustration of j how really Australia is helping Britain by shouldering her own war burdens, j The time has come for Now Zealand| to do something on these lines, and

the opportunity is given even to the smallest investor to take part. War loan certificates are now available for disposal over the counter at tho Post Offices, in two values, either CI or £lO. These certificates may be obtained at any postal money order office, and only at such offices. On payment of His. in cash a certificate for CI, payable in. five years, will be issued ; and on payment of £S a certificate for £lO, payable in live vears. All oilier amounts required can he made up by combination of CI and £lO certificates—thus for £25, two ClO's, . and five LTs will be issued. Applicants wishing to invest more than L' : >U should ■ ■D|)ly for war bonds-, which are issued lor larger sums, with eoup ,ns attached for the collection of interest half-yearly. Actually by this ( arrangement a CI eortdicalo will not I cost £l, but His, and the £lO cert'ii-t-ute only £S, its actual face value only being realisable at the tormina tion of the live-year perioch There iI at this time, as the Hanking returns show, an unprecedenlc i accumulation of credits in JSew Zealand, and this ! rnake-j it C.:o more certi in th.t tho op- ■ portunity provided by the loan for in-

vestment in a patriotic cause will be readily taken up by the large companies, firms, and more wealthy individuals, as the special terms offered arc decidedly attractive. This, at least, should be home in mind: every pound invested will be well and. soundly in vested, and every investor, will he doing something to help win the war.