ELSIE MACKAY FUND
MEMORIAL TO LOST FLYER GENEROUS GIFT TO NATION British Official Wireless. ■ KITGBY, 3rd July. The Chancellor of the Exchequer, Mr. Winston Churchill, in Parliament today announced that he had received and had accepted an important gift to the nation in memory of Miss Elsie Maekay, who, perished in attempting s^tho passage of the Atlantic from east to west by airplane. Miss Maekay left the Cranwell Aerodrome in a machine piloted by Captain Hinchcliffo on. 13th March, after which no further vows was heard of the plane or .its occupants. Mr. Churchill stated that as Miss Maekay V parents, Lord and Lady Inchcape and their children, did not want to benefit by her death, they desired to place in trust with the nation the sum of £500,000, the residue of her estate, which passod to them. Their wish was that the gift should ultimately be applied to the reduction of the National Debt. They proposed that it should accumulate for a period, roughly) of 50 years, unless at some other date the proceeds, with other sums which might be available, should be sufficient to redeem the whole of the liabilities of the State. The fund will bo called the Elsie Maekay Fund.
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https://paperspast.natlib.govt.nz/newspapers/EP19280705.2.67
Bibliographic details
Evening Post, Volume CVI, Issue 4, 5 July 1928, Page 13
Word Count
204ELSIE MACKAY FUND Evening Post, Volume CVI, Issue 4, 5 July 1928, Page 13
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