GOING WELL

Wairarapa Times-Age, 14 June 1943, Page 4

GOING WELL

THIRD LIBERTY LOAN FINANCE MINISTER’S PROGRESS REPORT. TOTAL OF £7.398.465 TO END OF WEEK. (By Telegraph—Press Association.) WELLINGTON, This Day. The first week of the Liberty Loan campaign has produced results showing that the £35,000,000 objective is a real stimulus to extra effort by the public. It was announced by the Minister of Finance, Mr Nash, tonight that subscriptions up till Saturday totalled £7.398,465 and that there were 5,179 applications, 84 per cent of which were for less than £5OO and 14 per cent for over that sum. “In the first week there were nearly three times as maijy applications,” stated Mr Nash, “and more than twice as much money, as for the two previous loans.” Auckland, the Minister continued, led with subscriptions amounting to £l.500,000, and Wellington was second with £1,000,000. The remainder came from Dunedin, £350,000; Christchurch, £262,000; Invercargill, £236,000; New Plymouth, £153,000; Palmerston North, £121,000; Napier, £116,000; and Nelson, Hamilton, Timaru, Gisborne, Thames, Blenheim, Greymouth, Oamaru, and Westport, in that order. “The spirit prevailing right throughout the whole of the Dominion is magnificent,” Mr Nasri declared. “The implications are that we shall get the money, but we cannot get too much. The fact that there is to be no extra taxation if subscriptions come up to requirements has impressed everyone with the necessities of our country and the wisdom and advisability of everyone putting in all they can.” Mr Nash commended what he called the extraordinarily enterprising proposal of the Public Service Investment Society, which has agreed to lend any member of the Public Service the full amount they desire to subscribe. Those who require a safe place for their bonds or scrip can, he said, take them to the Post Office and the officials will give a receipt for their safe custody. The trading banks do this for their customers and are thinking of the possibility of doing it for all who subscribe. Mr Nash pointed out that 458,000 subscribers were secured to the last Australian War Loan, 185,000 coming from New South Wales and 153,000 from Victoria. “I wonder,” he added, “if New Zealand could do better than those two places put together."

APPEAL TO PUBLIC MADE BY HON W. PERRY. (By Telegraph—Press Association.) WELLINGTON, This Day. The first public duty of the Hon W. Perry, Minister of Armed Forces and War Co-ordination, has been to endorse the appeal made by his colleagues in the War Cabinet for the Third Liberty Loan. After paying a warm tribute last night to the late Mr Coates, Mr Perry urged New Zealanders who are on the home front in the great battle to do their part in winning the war. Could the people, he asked, blame the men of the fighting services, who were doing, so much for them, if they expected their fellow countrymen to subscribe to the Liberty Loan to the full limit of their capacity? “These men of ours may be asked to give their lives, which once given are given not for a few years but for ever,” said Mr Perry. “They fight with their bodies; we are asked to fight with our savings. We can help materially by subscribing, even if we have to stretch our lesources.”