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NATIONAL SAVINGS

' THE WEEKLY QUOTA SYSTEM BEING ENTHUSIASTICALLY RECEIVED MONEY BALL AND PENNANT Wellington, Oct. 24. , “The weekly quota system recently adopted in connection with the National Savings movement has been enthusiastically taken up by local committees throughout the Dominion.” said the r (chairman of the National Saving Com t mittee, Mr T. N. Smallwood, to flay. » “Under the quota arrangement a definr ite sum to be saved weekly has been f fixed for each town and city in the i Dominion, and reports to hand show i that the local committees upon whom > devolves so much of the work in cre- * ating and maintaining interest iri the 1 rational savings movement arc- fully alive to their responsibilities and gen--1 erally arc entering with enthusiasm * upon thin new phase of increased ac- * tivity. "Some committees of course arc furj ther ahead than others in their campaign development, but evidence is not lacking to show that the movement r generally is rapidly gaining, momentum and that there is every prospect of raising by national savings at least £5.000.000 thi~ year for war purposes. "It cannot be too often emphasised,” added Mr Smallwood, "that every penny derived from National Savings accounts and the sale of National Savings bonds is applied to war purposes and to war purposes alone.” As a part of the quota scheme each ; post office flag pole is being equipped r with a “money ball” which will be ! raised progressively each day accord- ,- ing to the proportionate amount of the s weekly quota received. All post offics g should be fully equipped in this regard - ii the near future. When the ball reaches the top of the pole a special c flag is broken out and remains flying s at the masthead for the rest of the e week. Each Monday the flag disappears from the pole and the ball starts to rise again, thus people see baro- _ n etcr fashion the progress of their r war savings. 1 The money balls and pennants are * being provided free of cost to the national savings movement through thA generosity of local patriots. Although complete reports from all districts are not yet to hand, it is clear that the e ■ quotas fixed are by no means imposI sible of attainment. For the week ended 18th October the following offices are known to have exf cccded their quotas: Blenheim district, Picton and Seddon: Christchurch district. Ashburton, Cheviot. Hawarden, Hinds, Kaikoura, Mayfield, Rakaia and , Sefton; Hamilton district, Mangapehi. - Morrinsville. Taurnarunui. Te Anga and i Te Mata; Invercargill district, Halfi moon Bay and Lumsdeti, Nelson dis- ! t.ict, Motueka: New Plymouth district. New Plymouth. Eltham. Hawera. - Inglewood. Opunake and and Urenui; ■ Palmerston North district, Halcombe. a Fahiatua. and Weber; Timaru district, r Fairlie; Wanganui district, HunterI ' ville. Raetihi. Taihape and Waverley: e Westport district. Karamea.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19411025.2.49

Bibliographic details

Nelson Evening Mail, Volume 76, 25 October 1941, Page 4

Word Count
470

NATIONAL SAVINGS Nelson Evening Mail, Volume 76, 25 October 1941, Page 4

NATIONAL SAVINGS Nelson Evening Mail, Volume 76, 25 October 1941, Page 4