VICTORY WAR LOAN.

Taihape Daily Times, 7 July 1919, Page 5

VICTORY WAR LOAN.

THREE MILLIONS SUBSCRIBED. WELLINGTON‘, July 4. The Ael.lug—l\i[inlStel' of Finance, the Hon. A. M. Myers, stated today that during June over £500,000 was received as subscriptions to the Victory war loan, bringing the total well in excess of £3,000,000 received by the Treasury since December last. ‘‘So far as it goes,” remarked Mr Myers, “this state of aifaii-s is safcii-_ factory. It is necessary, however; again to remind the peaple that the compulsory clauses under section 16 Of the Finance Act are still 0139"3fiV'3' and will be put. into force in respect of 811:’ firm or individual found not to be contributing adequately to the ex‘ :1‘ 3-; quer. The balance of the Vi3‘«"'-7 1931‘ 3 not yet subscribed will 131'°°"‘1-V ‘"3 i floated on the market at a conipara.-! tively short notice, so it is advlsable‘ still to subscribe to do so Wi’f-hollt d‘3‘l lay. It is just as necessary to h»a_"e the ' Victory loan fully subscribed at 1s was to raise loans floated during the actual I period of hostilities.” ! Mr Myers added that the issue of the I loan will not be delayed Very much! longer. '