HABIT OF THRIFT
REMARKABLE BRITISH SAVINGS. AVERAGE £5O A HEAD. British Official Wireless Service. 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 Seeley, chairman of the National Savings Committee, stated that in 1911 the total 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 national war savings, they increased to £687,000,000, an average of £l6 per head. In the five years from 1916 to 1921 the figuies doubled, reaching £1,418,000,000, or £33 per head of tl-.o population. By the end of the 1931 period the total small savings had risen to the amazing figure of £2,244, 000,000, or £5O per head.
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Hawke's Bay Tribune, Volume XXII, Issue 153, 14 June 1932, Page 8
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138HABIT OF THRIFT Hawke's Bay Tribune, Volume XXII, Issue 153, 14 June 1932, Page 8
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