Article image
Article image
Article image
Article image

WAR LOAN.

PATRIOTISM S CALL. Tin- obligation which is upon every (me to contribute according to Jiis means to the great Liborty Loan for which Sir Joseph Ward, as the Dominion’s finance representative, makes appeal, is hammered home hy a telling article in the N.Z.; Times which concludes as follows “Great Britain lias raised by taxation for war purposes by this time something in the neighbourhood of £I.2dO.OnU.UOO from revenue, and about £3.500.000,000 by borrowing. Of these tremendous sums the first must continue to be drawn from fhe public pocket after the war, and the second must be added to by at least £500,000,000 should the war last but' six or eight months longer. Should the war run into more years, the huge increase to the obligations of Great Britain assumes proportions ton gigantic to be gone into in detail. Tim evident bulk is big enough to prevent ns from adding to them in any way. by depending upon British help. Huvast bulk gives ns a further reason for relying on our own market. Patriotism calls for the loan. Self-respect, calls upon us to find the money from our own resources. Honour and decency forbid ns to ask help from the Old Country, already so overwhelmed with obligations. Oil the other,.hand, there is no money market but our own that will listen to any appeal of ours. It follows, then, upon all these considerations, that there is a mighty current of circumstances, duties and motives, forcing us irresistibly into the local market. It is evident there will 1,0 a great rush. Let everyone remember that the last day for application is September Ord—the third of next month, next Tuesday fortnight. No one so remembering will be left behind by the rush of patriotic subscription.”

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/STEP19170818.2.22

Bibliographic details

Stratford Evening Post, Volume XXXIV, Issue 21, 18 August 1917, Page 5

Word Count
294

WAR LOAN. Stratford Evening Post, Volume XXXIV, Issue 21, 18 August 1917, Page 5

WAR LOAN. Stratford Evening Post, Volume XXXIV, Issue 21, 18 August 1917, Page 5