TIDE OF VICTORY.

Auckland Star, Volume LXXI, Issue LXXI, 14 September 1940, Page 9

TIDE OF VICTORY.

CHANCELLOR SPEAKS.

Wonderful Public Response To

Loan Appeals,

British Official Wireless. (Heed. 11.30 a.m.) RUGBY, Sept. 13. Speaking at Leeds to-day, Sir Kingsley Wood, Chancellor of the Exchequer, said nothing had been a better or greater answer to Hitler in the last few days than the unflinching, dogged spirit of the people of Britain—many of them occupiers of small dwellings* and humble homes.

They realised, and had shown by their courage and confidence, that the front line in this war was as much on their own thresholds as in the lines held by their fighting forces. The Chancellor added: 'We are only just at the beginning of this grim and vital struggle, and we have many perils yet to face. It may well be that the tide is now turning, but we have much to endure, much to suffer and much to accomplish before victory comes, as it surely will."

Sir Kingsley Wood said the latest figures showing the public's response to the appeal for investment in Government loans was highly encouraging. The fine total of £353,000,000 had been reached in savings certificates," defence bonds and savings bank deposits. The 2J per cent national war bonds had produced so far £202,000,00°. Loans to the Treasury free of interest already totalled £17,000,000.

In all, including the 3 per cent wai loan, a grand total of £873,000,000 had been raised sine* *he beginning of the war