HOMELAND HAPPENINGS

Greymouth Evening Star, 20 June 1936, Page 7

HOMELAND HAPPENINGS

KING GEORGE MEMORIAL FUND

[BRITISH OFFICIAL WIRELESS.)

RUGBY, June 18,

With a donation of £5OOO from the proprietors and company of the Bank of England, the Lord Mayor’s fund for the King George National Memorial has passed the total of £85,000. Not less than 50 per cent, of the money subscribed by the public will be devoted to the prevision of playingfields.

In making a gift of £2OOO to the King George Memorial Fund, the Pilgrim Trustees intimate that when the funds exceeds £200,000, they will be glad to add £lOOO for every complete £lOO.OOO raised thereafter.

SAVINGS BANKS In a letter to the annual conference to the trustees of the savings banks association. Mr. Neville Chamberlain notes that the past year has been marked by further substantial increase not only in deposits, but in the number of depositors particularly in the ordinary departments which are the backbone of the savings banks system. Co-operation between the banks and other partners in the national savings movement has continued to be close and fruitful. New trustee banks established under the Savings Bank Act 1929, adds the Chancellor, have made good progress. During the last year three new banks wore established and no fewer than 26 branches were opened by the existing banks. CUNARD LINERS Mr. Chamberlain announced in the Commons that he had agreed to the principle of tho application which he had received from the Cunard-White Star Company for the use of a sum available under the North Atlantic Act for the construction of a sister ship to the Queen Mary. He had reserved the right Io further consultation before tiie contract was signed. Meanwhile, the company have obtained preliminary tenders from various shipbuilding firms, but he understood, after considering these, they would negotiate in the first instance, with Messrs John Brown and Co., builders of the Queen Mary. The place of building must be for the company to decide on rhe technical and commercial merits of the case. The liner Queen Mary, which sailed from Southampton yesterday on the second voyage to New York, is carrying 1357 passengers, of whom 200 joined the vessel at Cherbourg, which was cleared at 5.15 p.m.