COST OF THE WAR

Greymouth Evening Star, 1 March 1917, Page 3

COST OF THE WAR

TELEGRAMS

ANOTHER LOAN PROBABLE,

STATEMENT BY FINANCE MINISTEK.

[per press association.]

WELLINGTON, February 28

Questioned to-day as to the possibility of a. second war loan being floated in New Zealand, the Hon. A. M. Myers remarked that authority would certainly ~c asked for that purpose on the meeting of Parliament.

"It is', of course, the obvious responsibility of the Government," said Mi'. Myers, "to raise sutficiemt funds for the financing of our .share of the war costs, which, as is well known, now approximate a. 1,1)1)0,000 a montl*. The country, despite the withdrawal for military purposes of so many of our best men, k in an unexampled state of prosperity, and 1 venture to say' that the people of the Dominion are only awaiting an opportunity of further'proving their readiness to meet all demands made upon them in support of the Empire's war against militarism and fright fulness. Such an opportunity will be afforded when the time comes for the Government to ask for subscriptions to a second iNew ..aland war loan."