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THE SPIRIT OF SERVICE

A-loan to the Government of £1,000,000 free of interest for the duration of the war and six months after is a very impressive gesture even for so powerful a quasi-Statc financial institution as the Bank of New Zealand. It may be assumed that the directors who made the offer to the Government felt they would have the support of shareholders of the bank in the step taken, and the expressions of appreciation voiced by the Deputy-Prime Minister will be generally endorsed. It is worthy of note that a number of private citizens and business firms in a position to do so have also made offers of frec-of-interest loans to the State for the purposes of the war. This may be taken to indicate a recognition of the seriousness of the situation with which the country and the Empire are faced and also a willingness to share in the burdens and sacrifices required, which should have a heartening and stimulating influence. Others less well placed financially are doing their share in different ways, and there is growing evidence that the call for service and sacrifice is meeting with widei and more earnest response as the days pass and the gravity of the issues at stake becomes more clearly apparent.

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https://paperspast.natlib.govt.nz/newspapers/DOM19400306.2.69

Bibliographic details

Dominion, Volume 33, Issue 138, 6 March 1940, Page 8

Word Count
212

THE SPIRIT OF SERVICE Dominion, Volume 33, Issue 138, 6 March 1940, Page 8

THE SPIRIT OF SERVICE Dominion, Volume 33, Issue 138, 6 March 1940, Page 8

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