KING GEORGE V. FUND.

Manawatu Standard, Volume LVII, Issue 157, 4 June 1937, Page 9

KING GEORGE V. FUND.

OBJECT!VES ACHIEVED. METHOD OF SUBSIDY. J’er Press Associalioij. WELLINGTON. June 3. Both the Wellington and national objectives will have been achieved when the first accounting is announced later in the week, stated Hon. P. Fraser when opening the flag-planting ceremony ill the cit- this morning in connection with the King George V Memorial Fund.

The amount decided upon for the whole of New Zealand was £IOO,OOO. First- of all £25,000 from the Government, and when the amount of £25,000 wa.s raised l>v voluntary subscriptions and donations a- further pound for pound subsidy right Tip to £IOO,000. That was the limit sot, but it looked as if it had to be surpassed. The understanding now is that every £IOOO over £50.000 to any amount will be subsidised pound for pound and that amount was well in sight. Ho would probably be able to announce on Friday that £50,000 had been reached, but those who wished to give had no need to hesitate, for every shilling whether to-day or afterwards would be subsidised. AUCKLAND EXCEEDS QUOTA. Per Press Association. AUCKLAND, June 0. With the aggregate standing at over £19,500 the lists opened in Auckland by the Mayor (Sir Ernest Davis) and the two newspapers on behalf of the King George V National Memorial Fund closed officially to-night. The donations for the day exceeded £BOO .and the list of individual contributors was the longest and most varied in character of any previously compiled. The total is more than the provincial quota set by the Government. WELLINGTON’S TOTAL. Per Press Association. WELLINGTON, June J. The amounts subscribed to the King George V Memorial Fund in the Wellington metropolitan area total £12,428. The fund closed to-day, but further subscriptions aro expected. OTAGO AND SOUTHLAND. Per Press Association. DUNEDIN, June 3. The total of Dunedin contributions to the King George V Memorial Fund is £5559, of which £274 15s was raised by the Flag Day organised by the local It.S.A. In addition to this amount £2086 was collected in the provincial centres and Southland, bringing the total for Otago and Southland to approximately £7600.