THE SMALL MAN

Wairarapa Times-Age, 18 June 1943, Page 4

THE SMALL MAN

AND THE BIG LIBERTY LOAN INVESTMENT BY ALL. WAY TO GET VALUE FOR MONEY. (By Telegraph—Press Association.) WELLINGTON, This Day. “What concern has the moderateincome man or woman with an investment totalling 35 millions?—the gap between their lending capacity and the total, of the Third Liberty Loan seems hopelessly wide, but. for very sound reasons, in the interest of the whole mass of the people.” states the National War Loan Committee, “everyone in New Zealand with a penny to spare must be in the Liberty Loan list.

“A splendid amount of.war work is being done on the home front, producing food to feed Britain and the fighting men. making munitions and other war equipment and clothing for the services, and this has to be paid for in cash, distributed to all sections of the working community. New Zealand's expanded production means an expanding cash distribution, just at a time when the bulk of all the extra production has to be diverted to the fighting fronts. More wages, less goods to buy, is the result. Nobody has gone short of necessities, and there is a large money surplus without an adequate chance to spend it. Don’t try to spend beyond the point necessary for health and moderate comfort. What is thus held back from the limited commodity market can be saved till the happy time comes when there will be plenty of everything. Forcing money into circulation in war time gives no chance for the small-income man to get full value for- his wages. Saving, through the medium of the Liberty Loan, will store this purchasing power till full value can be got for the pound."