THE WAR LOAN.

Ashburton Guardian, Volume XXXV, Issue 8269, 14 October 1915, Page 5

THE WAR LOAN.

A THOUSAND, THOUSAND, } THOUSAND. In an article on war finance in the " Weekly .Despatch," Mr H. N. Casson j deals picturesquely with the gigantic : national loan, and what it means. ~ What, ho asks j does a war loan of a , thousand millions'•< mean ? How can we get a." thousand-millions into bur It is like trying to push a, ■serviette into a tiny thimble. Most of lus have thimble minds. A thousand, thousand, thousand-pounds-! We have never had anything so big since the world began. Nobody understands this'sum; nobody can imagine it; nobody can conceive Your thimble brain on the one hand;, your serviette war loan on the other; how are you going to get the serviette into the thimble ? • A thousand,, thousand, thousand pounds ! It is' equal to: — The national revenue for five years. ■ All our gold coinage for 25 years. Eighteen months' exports. Total national icvonue of the sis. Allied nations All our investments in America. Gio'-s lecoipts of all American railroads for three and a half years. A thousand, thousand, thousand pounds! It f'Ti buy one-third of Italy, and pay for 35 Panama Canals, and in tho States th^y thought paying for one Panama Canal an expensive job. It is equal to: I Profit;- of Mmvte Gulo for 7CW years. (If thefe is a 'inmhlor hero willing to •talk about -znmblors he will know that nt Monte Onilo they are pikers com■nared to the people floating this ,-wailoan.) „ One hundred '-tool plants as large as 1 Kmpp's < Nearly nil the gold com in the 1 world. 7 Fourteen shilling*, lor every human ! bemg on eaith. t Nine hundied rr.iio.-ids of silver, 20 - tons in n r-ar. ... ■ ,A<, much ji<- 70 clerks can count in '^Toighi ~eaj<-. counting 4s a second, and Wiving rigV limirs a day. . \ l?nni'«rh poid. if lipnton. .out, to cover Lj lOOOOOf) nci r'—iSm Mhiare miles—a ¥ iioid of the cloth of gold. Iv