THE WAR LOAN

Dominion, Volume 10, Issue 3172, 24 August 1917, Page 4

THE WAR LOAN

SMALL SUBSCRIPTIONS TO DATE' TOTAL ,£250,000. Tho small subscriptions to the War Loau are gradually mounting up, and have now reached .£250,000. This, together with the amount subscribed by tho Auckland Savings Bank, makes ai; known amount of half-.vmillion, and noreturns havo been jet received front either banks or brokers.

Sorno misunderstanding eppears' to' have arisen with reference to the a per cent. Post Office Bonds. Payers of in--como tax aro not prohibited from pur. chasing those, as Ihey will rave to pay income tax upon the revenue derived from them. Tho stipulation is that no one individual may hold more than .£SOO worth. Some of the leading firms in Wellington, who pay special rates for advertising on tho leading article pago of the daily papers, havo shown their patriotism by allowing tho War Loan advertisement to occupy their space during tho timo the loan is open to the public for subscription. Of course, their own advertisement appears, elsewhere. This is an eiample which might well be followed in other centres. . A farmer has offered some of his land to tho Government for settlement of returned s.oldiors, and is willing to take payment therefor in War Loan Bonds. Many shopkeepers seem io havo an agreement that they will not place post-, crs in their windows. It is thought that a very small amount of patriotism would permit of making an reception in favour of tho small-sizad poster issued in connection with the War Loan. Tho matter is quite on a different footing from tho ordinary advertisement of an entertainment, and the poster would only have tobe exhibited for a short poriod. The Hon. tho Minister of Finance, im order to give special facilities to people living in outlying districts, has dispatched 50,000 circulars, specially appealing for help, and providing a form of application whicli may be Toturned direct to Wellington bv registered letter free, of all postage. The text of the circular is as follows:— ,

To those who live in the outlying districts afar from towns this letter is mora particularly addressed. If you arn able to help by the purchase of War Loan Bonds or Certificates in. the common task of c-vor-coining our powerful enemy, kindly send in tho attached form, accompanied by your cheque, bank-notes, or other forii of remittance. Tho smallest purchase will help, and giye you a personal interest in the great War Loan. ■ ' ' You lotter, which siould bo registered, will be accepted free c£ postage and registration fee. You nre thus enabled to do your share Trithout tho iocessity of going further than your local post office. The need is urgent, and prompt action required. Will you help to rnako- the loan a great success and ■ show to our kinesmen,, our Allies, and our enemies that New Zealand can not only provide soldiers of tho highest quality, but can. also find them in food, clothing, and the allimportant munitions? I am Telying upon all to help, according to their ability, and am 6ure. my request will not bs in vain. By Telegraph—Press Association. Auckland, August 23. , A public meeting of citizens decided to institute a vigorous War Loan campaign j to secure a million and a half in Greater Auckland. , ... The Citizens' Committee set up in'furtherance of the War Loan decided to ask the Minister of Finance to. allocate an amount for advertising in connection with tho campaign.