"BEST INVESTMENT"

Auckland Star, Volume LXXVI, Issue 120, 23 May 1945, Page 6

"BEST INVESTMENT"

FOR PEOPLE'S SAVINGS

APPEAL BY BANKER

P.A. WELLINGTON, this day. Patriotism and sound investment principles are two of the reasons whyNew Zealanders should subscribe to the 1945 Victory Loan. This opinion was expressed by th,e; chairman of the Associated Banks,- Mr. E. A. Cameron in an address on the subject. The patriotism of the New Zealand pubic had been admirably shown in former loans, said Mr. Cameron, and he believed it.;would again be manifested to the same extent At the same time, as a banker he felt bound to touch on another aspect of the'loan and consider it ..purely, and simply for the momentf as an investment. Let us look at the loan from the securitypoint of view," he.;continued. "It is backed by all the assets of New Zealand and carries the unconditional guarantee of the Government, measured by all the standards of safe and sound investment. The Victory Loan stands out to-day as.the best investment for your savings, however small or however big. Subscriptions to the. loan may be spread over a period of four months. Where longer terms are required the trading banks are prepared to make, war loan advances repayable by spread over eight months, and the interest rate on the loans will be the same rate as subscribers will receive from the Victory Loan. Victory must be paid for. Freedom is precious and everyone should make a contribution to -the pncewe are paving for it. I hope therefore, that every pferson. will subscribe to the utmost limit of his or her available resources." - .