THE BRITISH LOAN

Dominion, Volume 8, Issue 2510, 10 July 1915, Page 5

THE BRITISH LOAN

WAR STOCK FOR WORKMEN , London, July S. It is officially announced that the Treasury is issuing rules -under the War Loan Act enabling trustees to exchange eld Government securities for new loan scrip, subject to the same trust charges. Numerous public companies, including the railways, are ■ purchasing- considerable, war stock on behalf of their employees, re-covcring the amounts by iong-period instalments. RAILWAY UNION'S INVESTMENT. London, July 8.. The National Union of Railwaymen has applied for £106)000 ■of the <'war loan. AN APPEAL' TO THE WORKERS. ("Times" and Sydney "Sun" Services.) (Roc. July 9, 9.45 p.m.) London, July 8. The employers throughout the country having more than five hands in their employ are receiving letters-this'week signed' by Mr. Asquith, Mr. Bonar Law, and Mr. Henderson. They are being asked to assist in the distribution of the war loan among the wage-earning classes in their employ.--It is. suggested that in* larger, establishments ian office for tho sale of vouchers might be opened near tho pay desk, ": ; Letters are being sont t<> four hundred thousand employers. 7 Eleven million leaflets" have been dispatched for distribution in the works and factories ; of the Kingdom explaining in simple terms the war loan, and that.it is necessary, to draw on the thrift of all classes. ' ' . ! COLD FOR BANK NOTES. ("Times" and Sydney- "Sun" Services.) (Rec. July 9, 9.45 p.m.) London, July 8. Successful efforts were made in Paris to induce the people to exchange gold savings for bank notes. £400,000 was received- in two hours.