THE WAR LOAN

Evening Star, Issue 16196, 18 August 1916, Page 4

THE WAR LOAN

WHY IT SHOULD BE SUPPORTED. FINANCE' AID WANTED BESIDES MORE MEN.The Right Hon. W. P. Massey, Prime Minister, has issued the following to the people of the Dominion : I am clad to see that the loan is being well received, and I believe we shall all have reason to bo proud of the result. New Zealand has done -well in other directions so far as the war is concerned, and now is tho opportunity of showing what we are willing to do in connection with its. finance. As an investment, the loan is one of the best that has ever been offered to the public. The investor has the whole Dominion for security, and tie rate of interest in any other" than a war period would be looked upon as very high. It is, however, for patriotic and imperialistic -reasons that I trust tho public of New Zealand will look favorably upon the loan. Wc have reached that stage of the war when the financial burden presses heavily on all the nations engaged and with crushing weight on some of them. The United Kingdom has cheerfully shouldered far more than her .share of the everincreasing load, but it is clearly our duty now as an important part of the Empire to assist in finance, as we have already, done in men and in munitions of war. No section of the British public is better able to do its duty than the people of this country, and I confidently trust the response will bo worthy of the reputation, which New Zealanders enjoy as patriotic citizens of the Empire. CHRISTCHURCH TRAMWAY BOARD INVEST. The Ch.risteh.urch Tramway Board are taking- up, £I2.CCO of the" Government War Loan, and are encouraging their employees to take up war certificates by arranging for their pavment by fortnightly investments. TIME EXTENDED. WELLINGTON, August 13. The date of closing the War\-oan ling been extended from the 21et, of August to a time which ban not yet been fixed. LATEST FROM WELLINGTON. Own'' wires from Wellingto i: The extension of time for small investments in War Loan certificates is intended to meet the wishes of many persons who wish to support the loan, but are unable to command the money at short notice. Some employers arc willing to make weekly deductions from salaries in ordev to pay for loan certificates on behalf of their employee. Reports from all parts of the country state that it is expected when the final results, appear that the number of small investors will lh> surprisingly large. The Treasury is meeting the expressed wishes of small investors in arranging to provide for tiie safe storage of certificates m Wellington. 'Die conditions will l>e announced later.

Depositors are to he allowed to withdraw money at the Post Office Savings Bank this evening and to-morrow evening for the purpose of investing the money in war loan certificates.