PROFITS TO STATE

Wairarapa Times-Age, 29 November 1939, Page 4

PROFITS TO STATE

DURING PERIOD OF WAR. BUSINESS MAN’S GENEROUS OFFER. (By Telegraph—Press Association.) WELLINGTON, This Day. An offer by a prominent business man to donate to the War Expenses Account the whole of the profit earned by his business during the period of the war was revealed yesterday by the Minister of Finance, Mr Nash. “This offer,” said Mr Nash, “comes from a business man who is well known throughout New Zealand, and who served with the forces during the last war. He has pointed out that he is no longer able to undertake active service, but is desirous of helping so far as he can by donating to the War Expenses Account the whole of the profit earned by his extensive business during the continuance of the war, decreased only by his living expenses and his present current commitments. The offer extraordinarily generous, as from the balance-sheets produced by him to me, the donations are likely to amount to £2OOO or £3OOO each year. "I mention the matter now in the hope that others who are anxious to help in the Dominion’s war effort, but who are unable to serve in other ways, may be encouraged to adopt the same practical and self-sacrificing method of giving assistance.”