THRIFT IN BRITAIN
REMARKABLE DEVELOPMENTS (British Official Wireless.) Press Association—By Telegraph—Copyright. RUGBY, June 11. A remarkable increase in the amount of savings of all kinds by small investors was revealed at the National Savings Assembly at Blackpool. General Seely, chairman of the National Savings Committee, stated that in 1911 the total of small savings amounted to £492,000,000, or £l2 per head of the population. In 1916, when the national savings movement first came into being with the formation of the National War Savings Committee, the total of small savings increased to £087,000.000, an average of £l6 per head. In the five years from lOKyto 1921 the figures doubled, reaching £1,418.000,000, or £O3 per head of the population. By the end of the 1931 period tho total of small sayings had risen to the amazing figure of £2,244,000,000, or £3O per head.
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Evening Star, Issue 21128, 14 June 1932, Page 7
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141THRIFT IN BRITAIN Evening Star, Issue 21128, 14 June 1932, Page 7
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