War Loan Certificate

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A War Loan Certificate, issued in New Plymouth on 3 September 1917.
War Loan Certificates were war bonds that were sold in throughout New Zealand to support the allied cause in World War I. War bonds are a form of debt security issued by a government to finance military operations and other expenditure in times of war. The bonds also remove money from circulation and thus help to control inflation.
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War Loan Certificate.

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