LIBERTY LOAN.

Waipawa Mail, Volume XXXVII, Issue 7922, 23 August 1917, Page 3

LIBERTY LOAN.

jjj KEED and the teems.

ggoULD ONE SUBSCRIBE „ eV ERY LITTLE HELPS.”

„ e years has the war lasted, and ‘:Je can say when it shall end. {Lrnerable experts—naval, military, tejacial, shipping, and social—have " (i, e ir prohpecies fail, their prcJ'” ons falsified, their theories over*4 The happening of the united has found the prophets at tyjL Germans have made it quite . r that their real object is to crush f taio. If this is attained New ZeaJ will also i |e crushed. ‘‘ If the nrliad gone against us,” said the Lj,,. Minister a few days ago, “New f land would have become a German . . v /’ What that would mean, foluinp this wor » is unt hinkable. , \\'ar is a very costly business, and wain is not fighting a cheap war. fas is costliest conflict that any ; . 100 has ever entered into. But j*Ly ig as essential to success asfl To obtain it those in authority w three courses open to them: [ijation, loan, and enforced contri,;ion. The combined first and seeJ methods arc to be preferred at all pjtj; but the third, we have been way warned, will be resorted to if Eessarv. Taxation touches the poe-.

. 0 f the present; so do loans, but jjth loans part of the burden is re,npd for posterity to carry, already £11,000,000 has been raised ( \' e w Zealand by way of war loan. | a ,b of this is spent in the country'; 4 of it is used to feed, clothe, and it the men who are fighting for us. u the war is costing us nearly pjOfl,fltMl a month now, and the boo,ooo referred to is about exfcjsird. Now the Government asks u £24,000,000, and of that it goes fptt to the people for £12,000,000, Jit wants it now. > war has cost this country in pt* ah»ne £28,500,000, and may yet h; *i young and small a country; gre than half what the public debt ni before the war (1914), and, toptier with that, running to a pos--oir public indebtedness of £l5O per ind. True, the interest bill on these nr loans will be enormous, but the geey will not all go out of the The war is the concern of every m, woman, and child in New ZeaThe men who have gone and arc ■or are doing their part, in all Hfiencr. Those who remain, esrially the wealthy, must do theirs. It was a sad confession that Sir j*[>h Ward made when he said: ‘Here are many persons of means i<j also companies who have subinbed very little, and in some cases ling at all, to the last loan.” This Brood war loan affords opportunity ritonement. ,

Swh people were not asked to give, r did the Government propose to lb their money. On the contrary, la were asked to LEND it, and, coniirrinp the rate of interest and the Bin* of the security, on most adfetigpous terms. They are again pnarhed on business, if on no other li liigber grounds, to take part in t second war loan. PATRIOT’S CATECHISM. Business and financial men need no Bfijrhtenment upon the needs, the tau. and conditions of the new to; but people of quite limited wins may not be so well informed it. In the form of simple ans*rs to simple questions an attempt liere made to enlighten them:— tasthc Government really need my blf savings?—Yes; every' spare shilForhow long does it want them?— jw invest in war certificates from II to £lO each, for five or ten years, I too elect. It fill return you in five years £1 ■ every lfis you put down. I*o 1 put £1 or £5, or whatever it a be, down?—No; you pay 16s for every £1 invested up to you pay £8 now and in five •a receive £lO. If you invest for i years you put down 13s now for "0 £l, or £6 10s Tor £lO. Opposing I take £IOO out and buy Tj r bond 7—Then you will receive cent, interest, paid half-yearly priding your income is of such tont that it is exempt from income Iherp nn I get the certificates, and * information about them?—At •! Money Order Office until Saturtilit September, for this kind of Wioess. K»nds and certificates are i * valuable?—As much as bank H uppose they are stolen, or °f burned?—The Government * made provision for safeguarding It will take care of them for of charge. 1 want to provide for the wife ■children.—Certainly; and you can lrt in this way if you have a fairly to amount; hut you can pay down toe Post Oflice £3B for a £SO certiJto and receive, or they can receive, •hack in five years’ time, opposing I can’t afford to tie my up?—You need not. The r®» bonds, and certificates will he of good value. You can I ns security. In England ?°u have to do is to take your war Jtocates to the Post Office and u them there. In' Australia you *ll them to the Government to and receive back what you paid [toth simple interest at the rate .“per ccint. per annum. You are 3? in the Post Office Savings to to-day, if you have under £3OO to» you receive 4i per cent, on the “'neates. Aad supposing I cannot subscribe to J°an now?—Well, facilities have J' granted by employers to workJpk to do this at Home, in Ausand, to some extent, iff New Something like the timeJ> e nt system. The banks at Home ? case of large investors by I D( ing say £9OO on every £IOOO Jj"** taken up, charging not less .5 per cent, interest. This ena man to anticipate his probSimilar arrangements made by the New Zealand k ?* n connection with this second Jl°an. e would have to be-economical 0 that ?—Precisely. That is a °f by-product idea, but it is a B(1 on c at the present time.

How can women help in this?—The same as men, if they are single, and very much indeed if they are married by backing up their husbands in taking up the loan according to their means.

The money is wanted; not “for keeps,” but as a loan—a safe loan, a sound loan, a just loan, and, it is to be hoped, a victorious loan.— “Post.**