VICTORY WAR LOAN

Press, Volume LXXX, Issue 24366, 19 September 1944, Page 6

VICTORY WAR LOAN

* CHRISTCHURCH DISTRICT WARHAWK FIGHTER IN CATHEDRAL SQUARE A big crowd gathered in Cathedral square during the lunch hour to see Miss Gloria Lyons, a patient from the Christchurch Hospital, visit the Warhawk fighter which bears her name; \ but because of the bad weather it was not possible for her to attend. It is hoped to arrange the function on the first fine day at the same time. Tne Warnawk fighter ‘‘Gloria Lyons" in the Square bears rising sun insignia to' show that it has shot down two and a half Japanese aircraft, while bomb insignia show that it has made 57 raids in the Pacific. The fighter was an example of why war loans are necessary, said Mr J. L. Hay, chairman of the National Savings Committee. r lhe machine and its crew had done their share in protecting New Zealand. Gloria Lyons, too, although a cripple, had done her part by writing to the airmen, who had later named their fighter in her honour. The public was assed to lend money which would return good interest in a few years. Mr Hay mentioned that a family savings day would be held later in the campaign, when all homes would be canvassed on, a Saturday. Drapery firms had arranged to close so that their staffs could help in the effort, which was being organised by the Junior Chamber of Commerce. A formation of more than 30 aircraft flew over the city yesterday, and an Air Force concert party and band performed in the Square to 'Open Air Force week. Contributions in the Christchurch area yesterday amounted to £35,989; but the District War Loan Committee at a meeting held yesterday expressed disappointment at the slowness with which contributions were coming in from purchasers of stock. To reach the number of buyers of stock who contributed to the Third Liberty Loan 60,000 persons were needed to purchase stock in value from £IOO to £IOOO. The committee urged the transfer from the Savings Bank to the War Loan, and for this purpose special forms were available at the Victory Loan office in Cathedral-square. Subscriptions up to Saturday- at midday. with quotas in parenthesis, were: --Christchurch. £797,503 (£3,170,090); Akaroa, £7720 (£25,412); Amberlpy, £3355 (£21,533); Ashburton districts. £50,408 (£383,170); Cheviot, £9722 (£23,686); Culverden. £5538 (£ 12,768»: CuSt 1018 (£6371); Barfield,' £7035 (£22,563); Dunsandel, £2OOI (£10,193); Duvauchelle. £466 (£3896); Hanmer Springs, £3043 (£10,344); Hawarden, £4069 (£24.536); Hororata, £5199 (£14,741); Kaiapoi, £7103 (£58,707): Kaikoura. £8826 (£38.745): Kirwee, £778 (£4000); LeestonSouthbridge, £9277 (£49,745); Lincoln. £3748 (£9818); Little River. £6133 (£14,515): Lyttelton, £14,293 (£58,070); Oxford. £2653 (£25,004); Rangiora, £17,284 (£101,000); Sefton. £ISBB (£7644); Sheffield. £1843 (£10,617): Tai Tapu. £725 (£6640); Waiau, £7878 (£13,617); Waikari, £9775 (£17,768). TOTAL NOW £13,270,513 (P.A.) WELLINGTON, Sept. 18. The amount subscribed to the Vic-tory-Loan to-day was £650,156, making the total to date £13,270,513. Objective percentages obtained to, date are:—Southland district. 56 per cent.; Auckland, 51; Taranaki, .41; Otago, 40; Marlborough, 39; GisborneEast Coast, 37; North Otago. 33; Wanganui and Manawatu, 32; Hawke's Bay and Wellington. 30; Nelson and North Auckland, 28; Waikato-King Country, 27; Wairarapa, 26; South Canterbury, Canterbury, and Buller, 25; Westland, 24; Thames-Bay of . Plenty. 22. “HEAVY ARTILLERY SHORTAGE” COMMENT BY NATIONAL COMMITTEE (PA) WELLINGTON, Sept. 18. At the opening of the fourth week of the Victory Loan campaign, the' National War Loan Committee looks over the home front and finds it well manned .with small investors, the infantrymen of the Victory Loan army. The £40,000,000 objective is still so far unconquered that in every working day of the remainder of the campaign the minimum task is to secure a daily total of £1,825,000. '‘Here is the contrast which emerges from an analysis of receipts in the first 18, days of two loan campaigns:— 3rd Liberty Victory Loan. Loan. 1 £ £ Loan- Stock .. 11,778,810 8,860.821 War Savings and Bonds .. 2,299,293 3,759.536 .“Investors in stock are lagging this year to the extent of £2,917,989, but the waf bond buyers and the national savings depositors are showing a greater sense of obligation to this year’s Victory Loan by subscribing £1,460,243 more to date. .‘‘These figures provide the most emphatic evidence of the urgent need to bring up the heavy artillery in order to,win the £40,000,000 objective, which ' must be reached to give the Dominion’s backing to its fighting forces in a critical and hopeful year of the war. The financial infantrymen have fully manned the front. Now the moment has 1 come to, fire the big shells., the large subscriptions to Victory Loan stock, without which the millions cannot be obtained. “There is heartening evidence that the community is thoroughly ‘loan , conscious,’ ” adds the National War Loan Committee, , “but it is not yet clear that every section is doing its patriotic best. We have to sacrifice or we lose all. .“In. this emergency the needs of the State are paramount. New Zealand’s financial war obligations this year are £133,000,000,' and the proportion which is not raised by loan, involving return of the capital with interest, must be drawn from the taxpayer, who will pot get bis money back.” VICTORY CONCERT The National War Loan Committee, by arrangement with the National Broadcasting Service, will present a Victory concert on Thursday evening, in aid of Canterbury patriotic funds. Among the many prominent artists who will take part are Mary Pratt (contralto), Henri Penn (pianist), the Liedertafel Choir, under Mr Victor C. Peters, and the 3YA Orchestra, under Mr Will Hutchens. .Among items, given by the Liedertafel will be the “V Song," composed and played by Dr. E. D. Pullon. of Christchurch. The items given by Mary Pratt will include the popular “Hills of Home” and “For England.” ‘The Flight of the Bumble Bee” (Rim-sky-Korsakov) will be included in Henri Penn’s numbers. All lovers of good music will enjoy this excellent concert, which will be given at the Civic Theatre.