Fighting French Money For War
p. 11 · Read in the full issue
Loans
Prom Our Own Correspondent NOUMEA, March 23.
DURING the past year, owing to the presence in New Caledonia of large numbers of highly-paid troops, and the policy of buying local products as far as possible for their maintenance, the French Colony has enjoyed much pros perity, and an astonishing amount of money has accumulated in private hands and in the banking institutions.
A committee of the Administrative Council has recommended that the people of New Caledonia be given facilities to subscribe to either Fighting French or Allied War Loans. It is suggested that if either Australian or New Zealand War Loans were made available to New Cale donians, they would be liberally sub scribed to.