THE LIBERTY LOAN

Dominion, Volume 10, Issue 3182, 5 September 1917, Page 6

THE LIBERTY LOAN

.' COMPULSORY CLAUSES I NOT YET IN OPERATION ■ STATEMENT IN PARLIAMENT t i ■■ <-..- - ■ i : —' "The War ■ Loan has been over-sub- ', '„ Bcribed," said' tha' Minister of Finance ; (Sir Joseph Ward) in the Houso of' He' prosentatives yesterday. The announcej luent was*greeted with applause. ; "I think that in tho course of a few I days, as the loan has been left open, - the amount subscribed -.will exceed : .£16,000,000,'' added Sir Joseph Ward. it '/Some companies, societies, and trustees f'~\-have not been able to subscribe. They (.■'} have to wait for legislation that has still j'.vvto be passed, but there will bo timo for ; receiving, their contributions. !*' '?"The .compulsory provisions have not | - 'teen put into operation, because they \ are hot yet the law of the country. 1 ,; hope that it wjll not bo necessary to put t them into operation. I cannot say until r' tho loan has been finally closed whether '. ,Br not it will be necessary to review ;' ; ''66me- of those who ought to subscribe- ?. ito the War Lo&. I beliovo it will not I be necessary." '• tc .--.< contribution of j;50,0p0. • \:- -'" 'A ! contribution [of £50,000 has .. been ■c :• taade to the Liberty Loan by the firm i-,M Wilson and. Canham, which at theIj'Bame'time is offering its employees the ?- i opportunity of taking oyer a nortion '; lof tho investment on exceptionally fav- :: ourable terms. To' those- of its employees \: Who'.desire to take up war bonds it will ■: -'niakor advances which will be free of 5 interest for eighteen months and will y:. be repayable by instalments. The idea ?'.-';ls. that 'those who take advantage of the [offer should liquidate their liability in ;•■ the period, named-and have a substantial t-v. balance to credit at its expiration. j: Messrs. Wilson' and Canham invested '■ ■'•' '£10,000 in the War Loan of last year.

NEWS FROM OTHER CENTRES. '' . V- By Telejraph—Press Association. i' Gore, September 4. f Hp to closing yesterday the Post Office ; „; liiisiness /at Gore for the loan totalled f. .£25,890. . - '~'-"'. Hawera, September*. ■£:;'-:■ rki the' annual meeting of tho Kau-f-.v-jmkonui Dairy Company yesterday the I -V.'shareholders subscribed .£12,750 to the ! 'War Loan. The Patea Harbour Board j ;' has decided to-invest .£SOOO. tho Egmont ;V Racing Club' .£2OHO. and the Meremere [ ; ;,'Dairy Factory ,£IOOO in the loan. ;,--,-/ ," Dannevirke, September i. I'."' ' Dannevirko subscribed .£56,792 to the 'War L0an—.£13,192 through the Post f *: .Office and .£43,600 through; the banks. 1,.'- ', . . Eltham, September .4. f The total invested in the Liberty Loan i in Eltham district is over .£28,000. Tho '•■. Post Office received over .£IB,OOO, and r the remainder of the business was done *■ through the banks. ;. : V - s Wanganui, September 4. i V-'.The total amount subscribed in' War I -'Jiganui for tho War Loan is .£251,910, :-.-(including'the Post Office £102,760, banks !/'. *G95;300, and brokers ,£50,850.- / l- ' Pahfatua, September 4. j- . -To the War Loan Pahiatua subscribed j'- over J342.000, and Pongaroa [SXim. but i Akitio runholders made considerable in- ; vestments at various centres. The Pahia- !. "tira branch of '■ the - Bank of New Zea- |.: land put through over '.£22,000, >and the \ 'amount invested at the Post Office con- \' giderably exceeded .£IB,OOO. [-;-■:'.. ;'.- Dunedin, September 4. ; ...';'. The amount subscribed at the Dunedin ! ,-Post.: Office for the' War Loan was ap- ' "proximately £487,500. The returns from ;■'"other post offices xn the district are not 'yet to band. The contributions in Tua•,'peka- County are approximately £34,000. -of £206,863 . lias beeni-sub-;-..Boribed in Masterton.towards the Liberty I:-War Loiin; our special correspondent \ 'telegraphs. '-