“LEND FOR LIBERTY"

Wanganui Chronicle, Volume 86, Issue 117, 21 May 1942, Page 4

“LEND FOR LIBERTY"

TO-MORROW’S ORGANISED EFFORT MONSTER MILITARY DISPLAY To-morrow afternoon activities in connection with the Liberty Loan campaign should reach a high plane of enthusiasm. Throughout 'he afternoon c?l izens will be aff >rd d every facility to demonstrate in a practical manner lheir determinaliGii lo maintain Wanganui’s traditional record in every phase of war work. In the recent “Bonds for Bombers” appeal, street sales realised over £l6OO. The Wanganui National Savings Committee feel confident that, given a fine day. this excellent figu.e will be exceeded, provided that every person in the Avenue during the afternoon's attractions xvill play a pari in purchasing a £1 bond. Ample facilities will b n provided at the various selling booths and also by the “flying squads" of sellers operating from Bren-gun carriers. The largest military display ever attempted in Wanganui will be staged during th n afternoon. This xvill affor.i the citizens of Wanganui an opportunity of seeing the phenomenal itvance made in providing arms and mechanised equipment for the defence of this Dominion. A further conference betxxeen thp military authorities, the Marching Association, and the local National Savings Committee was held yesterday, when final arrangements were made for to-morrow’s display. Athletic Assoc La t ion’s Gesture. During the past two days Libcity Loan investments have shown considerable improvement, three investments of £lOOO being either paid in or promised. Yesterday one investment. of £750 and several of £5OO and under were received. At a meeting of the Wanganui Amateur Athletic and Cycling Association last evening an investment of £5O was authorised. As lhe funds available to this organisation are not large, the generous gesture is an example which it is hoped will be followed by other similar bodies. CHALLENGE ACCEPTED In a discussion in Wellington last evening between Mr. C. B. Ashwin, Secretary to the Treasury, and Mr. T. N. Smallwood, chairman of the Ne .- Zealand National Savings Committee Mr. Ashwin stressed the point that i t raising the sum of £15,000,000 for the Liberty Loan support, from a much greater number of investors than normal would be necessary to achieve successful results. Mr. Ashwin said that a full and frank statement of war costs for the year, amounting to £133.000.000, had been placed before the people and as it was being used to protect their homes, lheir families and their way of living, it was to be expected that everyone would wish to subscribe to the loan. This was exident, said Mr. Smallwood. from the offers received from National Savings Committees througnoul the Dominion to end their wholehearted support towards lhe success of the Liberty Loan and this, organisation wanted to know how best it could help. It was explained by Mr. Ashwin that National savers represented the great, mass of the people xvhich by freely buying the £1 Liberty Bonds now on issue, could help to make the Liberty Loan an outstanding success. National savers could be relied on. Mr. Smallwood said. He was prepare ! to back them to do their share by purchasing Liberty Bonds. He issued a challenge that for every single subscriber to Inscribed Stock, five National savers would buy Liberty Bonds. On the same basis, for every million invested in Inscribed Steel:, one hundred thousand pounds xvou'd bo received from the purchase of Liberty Bonds, the challenge xxas accepted by the Secretary to the Treasury, and more will undoubtedly be heard of it as the Liberty Loan progresses.