r
t
.0?
d.
-
fib
PI
W1.
:nrnu
ft
,.,A
CANADA
MUST
BORROW
600.000,000
A
Statement
by
the
Minister
of
Finance
In
money
alone,
this
war
is
costing
Canada
in
round
figures,
$4,000,000
a
day.
That
is
three
and
one-quarter
times
the
daily
cost
of
the
last
year
of
the
last
war.
This
conflict
costs
so
much
more
because
it
is
a
battle
of
giant,
swift
machines
...
as
well
as
of
men.
And
to
build
other
than
the
very
best
machines
would
be
futile.
They
must
be
worthy
of
our
men.
Canada
dare
not
.
.
.
arid
will
not
.
.
.
sacrifice
men
for
lack
in
quality
or
quantity
of
fighting
machines.
Hence
we
must
produce
them
on
a
scale
hitherto
undreamed
of.
To
do
this,
Canada
needs
now
to
borrow
from
her
citizens
at
least
$600,000,000
in
addition
to
the
revenue
raised
by
taxes.
To
obtain
this
money
Canada
will
on
June
2nd
offer
Victory
Bonds.
Fortunately,
Canadians
have
the
money
to
buy
these
Victory
Bonds.
This
is
shown
by
a
greatly
expanded
national
income
and
by
record
savings
deposits.
-
!
If
every
person
who
ha3
savings
or
who
can
make
payments
out
of
wages
or
income
will
invest
in
Victory
Bonds,
the
Loan
will
be
quickly
subscribed.
But
the
wholehearted
support
of
every
citizen
is
necessary.
What
Canadians
have
done
before,
Canadians
can
and
will
do
again.
Our
population
was
less
than
nine
millions
in
1918
and
1919.
Yet
in
November,
1918,
our
people
invested
$616,000,000
in
Victory
Bonds.
Eleven
months
later,
in
October
1919,
they
invested
$572,000,000.
The"
total
subscribed
for
Victory
Bonds
in
those
two
loans
was
$1,188,000,000.
This
year,
with
our
population
increased
to
more
than
twelve
millions,
the
nation
that
did
it
before
can
do
it
again
and
in
greater
measure.
The
terms
of
the
Loan
will
be
announced
May
31st.
Get
ready
to
buy
every
Bond
that
you
can.
'
:
-W
"
t,
.
V.
V.j.
,
"
'
'
MINISTER
OF
IINAHCI
;
"...
i
v
'
'
'''
1
5
j
I
-51
1
'
a.
m
n
.1
i
J;
".'.
-
-'
;i
.
M
'ft
v.
.v..
':
!-V
4
.idHw
.y
P
i
"
f
i
i