FOURTEEN DAYS REMAIN

Evening Post, Volume XCIV, Issue 48, 20 August 1917, Page 6

FOURTEEN DAYS REMAIN

The appeal of Sir Joseph Ward for general subscription to the twelve millions war loan, when subjected to psychological examination, shows that every word in it is stamped with sincere conviction. "We must go forward," he writes. The alternative is most distressing to contemplate. To keep our men up to strength, to feed and clothe and pay them; in short, to carry on our fight, for freedom from threatened German tyranny, we have to find approximately £2,000,000 a month, and to meet the bill £12,000,000 is asked for now. It will carry us on for six months, possibly seven, and what man alive is there who can say what the next six months will bring forth? To raise this £12,000,000 but fourteen days remain. Subscriptions close on 3rd Sept-ember. Sir Joseph has announced one subscription, that of the Auckland Savings Bank, ■of £260,000. Ho has not at present published, as the Chancellor of the Exchequer of England did, as the Finance Minister of the Commonwealth did, the big subscriptions to the war loans as they came in. There is great virtue in matters of this, kind in the force of example. Providing subscribers of big blocks of war loan have no objection, the publication of their subscriptions and daily returns of sales of war certificates and Post Office bonds are likely to act as a stimulus to hesitant prospective subscribers. One thing is quite certain: That the money required must be obtained. The money required ia to be raised from ourselves. In great part it will be spent among ourselves, and the interest distribute' among ourselves. Fourteen days only remain in which everyone in the Dominion can put forth the great effort required to make the loan a success.