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SELLING WAR BONDS.

TANKS IN LONDON STREETS. DIVIDENDS AGAIN INVESTED. One of the features of tlie % War Bonds campaign in London has been the use of tanks ,to receive investments in the " continuous loan." At the beginning of last month two tanks were thus employed, one being stationed in Trafalgar Square, while the other promenaded the city in search of contributions, of not less than £50,000. Describing the operations on December 5, the London Times says the " wandering tank" journeyed from Wellington Barracks* to Holborn Bars to collect the Prudential Assurance Company's contribution. All along the line of route expectant crowds assembled, and had to wait a considerable time, because the wanderer decided to have two 'ong rests on the way, one just outside the barrack gates and one at Whitehall, so that it reached Holborn some two hours late. In spite of this there was an enormous crowd outside' the Prudential Company's offices, when the chairman, of the company, Sir Thomas Dewey, made the following speech " The tank has -arrived at the invitation of the Prudential Assurance Company to carry home financial ammunition to the Chancellor of the Exchequer. This company received or Saturday £628,800 as a dividend, that is six months' interest on £25,152,000, being tho amount we invested in the War Loan during the present year. Mr. Bonar Law, the Chancellor of the Exchequer, has asked those who received the dividend to invest the whole amount,' or as much of it as possible, in National War Bonds. The Prudential decided to act on Mr. Bonar Law's patriotic advice down to the last pound received, and I, as chairman, am going to hand /into the tank a sum of £628, and to ' ask the tank to give me National War Bonds in exchange." The tank then wobbled back with its prize to Trafalgar Square. The staff of " the Prudential Assurance- Company took a lively interest in the proceedings, every window in the huge building being crowded, with faces, while a large number of them purchased War Savings Certificates themselves. On the way back, the tank killed a dog, and caused one or two taxis to shy, but otherwise its journey was without incident.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19180130.2.35

Bibliographic details

New Zealand Herald, Volume LV, Issue 16761, 30 January 1918, Page 6

Word Count
365

SELLING WAR BONDS. New Zealand Herald, Volume LV, Issue 16761, 30 January 1918, Page 6

SELLING WAR BONDS. New Zealand Herald, Volume LV, Issue 16761, 30 January 1918, Page 6