The Archive · 1916

EXCHEQUER BONDS

Mar. 28. Tar jon voided by the Chancellor of the Exchequer in the House of Odmmons last Fri-'But besides our duty in this res-day that British holders of fore pect, there is yet one more, one securities ought to realime ther that is as practical in its aim as holdings and invest in Britich the hardest fought of battles ever! securities, serves once more to was. We have to steel our hearts direct attention to the admirable against every insidious suggestion investment offered by the 5 pet that would in the slightest cent. Exchequer Bonds of which endanger the cause for whit we gave some details " week ago. our men have given their all. It Whether it would be beneficial may be true of many who have' for ell holders of foreign stocks "gone weet" thet nothing in and shares to throw their told their lives became {ben like the on which we should tot Seatase ings on the market, is a 4 leaving of it. We know of many of the noblest examples, and the to express an opinion. Not immore there are, the more does it possibly the result might become incumbent on us to see general lowering of prices to such that their sacrifice has not been an extent that the country would made in v: 'Never before was' actually lose on Yhe exchange. war like this. Never before were What at any rate we may desir the fates of nations so completely in mind is that Exchequer Bonds as now. Never in furnish an opportunity at once of istory was there s tremendous-providing the Government with a tious a scheme planned, for, and launched as that on which the Prussian leaders and their stalfs had been engaged for some four decades.

Wars of the past threat at most a country or two. of was a world endangered. £5 to £5,000; principal and and conflict is world-wide. But for terest are seoutred upon the Con-the knowisdes solidated Fund of the United physici by the daring of his eungical 0-0 star, Kingdom, the interest being payable half yearly, and the principal and the trained care and intel-repayable five years hence at per. ligence of armies of nurses, the Bankers will advance money nations' losses might have been the security of thee bonds; tenfold what they sre. The stockbrokers will hold them burden on the souls of the security for locus; they can be butchers of Berlin might have sold on the Stock Exchange been many times what it is. trustees can hold them by Yet, in all conscience, it is even them now enough to call for the most solemn of vows that nothing but sheer exhaustion shall be—permitted to stand between us and that insurance for the future which is the only fitting recompense we can elfer to the spirits of those whose example must be our inppirstion. Looking westward into the setting sun every night of our lives, let us think those whom, by 8 euphemism of close touch with Nature residents, there is no need to until a given sum hes been Isboriously saved up. We knew that the Hongkong and Stianghai actually inquired, we doubt net other banks s well, will the bonds now and let the pityer pay in instalments, ah bmmettee conveniénice to those in receipt of a salary, who have no capitol but can put aside every month. ake be put to & peace contract frett which they would hate fumed in! hom we understand that's verti-

Text read from the printed page and cleaned; old type leaves the occasional error.

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