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GREAT ARMS DISPLAY

AUSTRALIAN OUTPUT

WAR LOAN CAMPAIGN

? (10.30 a.m.) SYDNEY, 14. The greatest display of military equipment ever, hold in Australia was watched by thousands of. people in Sydney’s streets oh'Saturday. Hundreds of Australian-made Brcnearriers, tanks, guns, arid wfjgon loads of munitions were driven through the •streets'"in "a fivc-mile-long 'Parade which was held to stimulate. sUßscriptioiis for the i£loo,oooydo0 t war loan which will close oh Tuesday'. The equipment, which has been on the military secret list, was shown publicly for the first time. " Among the features of tlic display were cruiser tanks with armoured steel hulls cast in oue piece. The exhibits, including anti-gas, camouflage, parachutes, wireless and. optical. equipment, indicated the groat range of Australia’s industrial War effort. A record number of austerity loan applications are expected to follow' the parade. Australia's war expenditure in the current? financial year is £5s»0,000,000. Of this the Government proposes to raise £300,000,000 by three great loan drives. A second austerity loan probably will _be launched in February. Australia’s greatest loan in the first world war was for £45,000,000 raised in 1918.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GISH19421214.2.17

Bibliographic details

Gisborne Herald, Volume LXIX, Issue 20966, 14 December 1942, Page 2

Word Count
181

GREAT ARMS DISPLAY Gisborne Herald, Volume LXIX, Issue 20966, 14 December 1942, Page 2

GREAT ARMS DISPLAY Gisborne Herald, Volume LXIX, Issue 20966, 14 December 1942, Page 2

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