SMALL SAVINGS.
BRITAIN'S AMAZING
FIGURES.
£SO PER HEAD OF THE POPULATION. (ÜBITISU wr ICIAL WIRELESS.) (Received Jane 13th, 5.5 p.m.) RUGBY, Juno 11. A remarkable increase in tho amount of savingg_ of all kinds by small investors was revealed at the National Savings Assembly at Blackpool. Major-Gen oral J. B. Seelc-y. chairman of tho National Savings Committee, stated that in 1911 the total small savings amounted to £492,000,000, or £l2 per head of the population. ' In 11)1(5 when tho national savings movement first cam© into being with the formation of the National War Savings Committee, the total of small savings increased to £637,000,000. with an average of £lfi per head. In the-five years from 1916 to 1921, the figures doubled, reaching £1,418.000,000, cr £33 per head of tho population bv the end of 1931. _ In the period, the total of small savings had risen to the amazing figure of £2,244,000,000, or £SO per head.
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Bibliographic details
Press, Volume LXVIII, Issue 20572, 14 June 1932, Page 9
Word Count
154SMALL SAVINGS. Press, Volume LXVIII, Issue 20572, 14 June 1932, Page 9
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