NEXT WAR LOAN.

Taranaki Daily News, 30 March 1917, Page 5

NEXT WAR LOAN.

STATEMENT BY THE FINANCE MINISTER. , By Telegraph.—Press Association. • AucKSiid, Last Night. ■»• Tlie fact that a further war loan will' he raised in the Dominion shortly wa» emphasised by the Hon. A. M. Myers. "There can he little douht," said tho (Minister, "that in view of the fact that our commitments are so heavy in regard to the equipment and mainten-, ance of the troops, it will he necesiary ; to obtain authority when. Parliament, meets for a furthor war loan. In this! > connection I would like to point out| that it is the duty of the large institun 1 tions as well as small firms and tadi-j viduals, to put aside as much as possible, so that when the new war pros' pectus is launched they will be in a position to do their duty and subscribe, to the utmost limit of their available > resources." ' Asked if he could give an idea; fti toj the amount that would be asked for,! Mr. Myers said: "The fact that our *Xij ■• penditure directly for war purposes to- .' proximates £1,000,000 per month, i», | think, sufficient indication that thtf sum required will he substantial. In anticipation, therefore, everyone cant do his duty by endeavoring to place his financial resources in such a enditiort as to enable him to take a portion ol the loan." '4 r - "■-.-"'