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A FINAL WAR LOAN.

TO BE BLOATED SHORTLY

MINISTERS ANNOUCEMENT.

AMPLE MONEY IN COUNTRY

Discussing the probabality of a further war loan of £10,000,000 being floated in April next, Hon. A. M. Myers (Acting Minister of Finance) informed a representative of the Auckland "Star” that it was not. to be supposed because hostilities had ceased expenditure ahd stopped. It was estimated, he said, that this would amount during the next three months to approximately £1,750,000 per month. This being the position it devolved upen every citizen to recognise Jhib .duty ,by contributing to the utmost of his ability to the final Victory loan. Although the ordinary esjmndijturc on the war should be a gradually diminishing sum, it inust bo remembered that the cost tot repatriation, settling soldiers on the land, and granting assistance to soldiers still had to be provided for. "From an examination of the figures published by the bank's,” said the Minister, "it is evident that there is still a largo amount of money available for subscription towards the proposed Victory loan. In this connection I may mention that the amount standing to the credit of depositors in Government and private savings banks for the financial year 1918 was £33,002,507, as compared with £19,214,671 for 1914.”—Auckland Star.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TAIDT19190109.2.8

Bibliographic details

Taihape Daily Times, 9 January 1919, Page 4

Word Count
209

A FINAL WAR LOAN. Taihape Daily Times, 9 January 1919, Page 4

A FINAL WAR LOAN. Taihape Daily Times, 9 January 1919, Page 4

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