THE WAR LOAN CERTIFICATES.
Tlio demand for War Loan certificates continues to prow, and it is now understood from Sir Joseph Ward that this part of the loan may be kept open until the end of November or early in December. This would cive a full opportunity to all small investors throughout the country who desired to purchase, certificates to do so, and would give ample time to the
people of the Dominion to fully consider the advantages of the scheme. Sir Joseph Ward lias also stated that as any amount that was contributed this way for war expenditure could, be readily used by the country, there was no good reason, so far as he could judge, for closing down upon applicants at an earlier date. It is a quite fair assumption that the more people taking part in the loan under the Government the keener the interest which the people must take in the economical administration of tho affairs of the country. The chief reason for this loan is that the moneyj is required for the country itself to preserve its independence, to equip and pay its soldiers, and incidentally to enable the war to be brought to a more speedy end. If there was no other motive for subscribing, the fact that every pound goes to meet the cost of the war would be an unanswer-j able argument for everyone to take | up some shares of the loan. In addition to this, however, it affords the opportunity for an absolutely safe investment at a very fair rate of interest. The method of acquiring war loan certificates has already been explained in detail, but an example may! not be amiss: for instance, an investor desiring to secure certificates to the value of £2O pays £l6 cash and at the end of five years Ts paid £2O; which includes the accumulated interest (on the £46 originally paid) at 4V per cent. If any of our readers should desire fuller information it can be obtained at any Post Office,
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Stratford Evening Post, Volume XXXI, Issue 24, 26 August 1916, Page 4
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338THE WAR LOAN CERTIFICATES. Stratford Evening Post, Volume XXXI, Issue 24, 26 August 1916, Page 4
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