NEW LIBERTY LOAN
ANNOUNCED IN AUSTRALIA Recd. 8.30 p.m. Canberra, March 14. Australia’s third Liberty Loan of £100,000,000 will be launched on Monday. The Prime Minister, Mr. J. Curtin, and the Opposition leader, Mr. A. W. Fadden, will speak in a nationwide broadcast at 9.30 p.m. on Monday. New Zealand time.
The opening date of the loan has been chos**n as close as possible to the anniversary of the announcement of General MacArlhur’s arrival in Australia. General MacArthur arrived al Alice Springs, Central Australia, by plane on March 17 last year. The Sydney Sun says editorially that the success of the new loan will be dependent upon the "new well-to-do" workers, who. by regular employment and overtime, are now making more money than ever before. The failure of this voluntary loan would necessarily be followed by a compulsory system of post-war credits or loans.
According to Sir Claude Reading, chairman of the Commonwealth BankBoard, there are more than three million people in Australia to-day who are either wage or income earners, while the actual number of subscribers to the eight earlier loans number about one million.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WC19430315.2.67
Bibliographic details
Wanganui Chronicle, Volume 87, Issue 61, 15 March 1943, Page 5
Word Count
186NEW LIBERTY LOAN Wanganui Chronicle, Volume 87, Issue 61, 15 March 1943, Page 5
Using This Item
NZME is the copyright owner for the Wanganui Chronicle. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.