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SMALL LENDER'S PART

Investment in the Liberty War Loan is a duty for every section of the community. In a review of the progress of the loan on Saturday, the Prime Minister, while expressing satisfaction with the response so far, said that reports from the Reserve Bank indicated that it was the big investor who was contributing most freely. This position can only be rectified if tliere is an immediate realisation that the responsibility for finding the money necessary to enable the country to meet fully its huge war commitments rests on the shoulders of all and not of the few. As the Prime Minister said last night, every country at war is lighting an economic battle within its own borders —the Battle of the Inflationary Gap, someone has called it. Battles, economic no less than military, can only be won if everybody engaged plays a full part and sacrifices self in the common interest.

Support for the Liberty Loan, even to the point at which it hurts, is one way in which the civilian can make his or her contribution to victory. The call is not to give but to lend; in other words, to set aside for future spending money which is uxgenMx needed to enafalft New

Zealand to lakr a full share in bringj ing about the victory that will make future spending possible. The sale of £1 Liberty Bonds and the provision for contributions lo the loan of amounts as small as £10 make it possible for everybody to participate. In view of -the vital issues involved in the present struggle, there should be no hesitancy on the part of anybody in making the maximum amount possible available lo the Government.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19420519.2.33

Bibliographic details

Evening Post, Volume CXXXIII, Issue 116, 19 May 1942, Page 4

Word Count
285

SMALL LENDER'S PART Evening Post, Volume CXXXIII, Issue 116, 19 May 1942, Page 4

SMALL LENDER'S PART Evening Post, Volume CXXXIII, Issue 116, 19 May 1942, Page 4

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