FINANCING THE WAR.

Taihape Daily Times, 14 December 1918, Page 3

FINANCING THE WAR.

BRITAIN'S GREAT SHARE. "TERRIBLE RISK" RUN. London, November 26. There were numerous election speeches yesterday evening, including on by Mr. Bonar Law at Glasgow. Mr. Bonar Law. said that, for tile future of the world, and for the sake of the nations which had participated 9 in the war, it was not less essential * now than during the war that there ► I should be the same good feeling among > [ the nations that helped to win the > war. t Dealing with the criticisms against an election at the present juncture, Mr. Bonar Law emphasised that it was essential that the British repre- * sentatives at the Peace Conference ► should have the support of the whole ► i country. He repeated the statement > that an Allied victory would have k been impossible without the financial assistance of Britain, which ran ter- , rible risks. "More than once,' 'says the Chan-

cellor of the Exchequer, "we could onw ly look a week or two ahead as the 5> time during which we would be able \ to' meet our obligations. "Yet we were right to run that ± risk., for without success what was Y the use of gold as a security, or anyf thing else?"