SCHOOL SAVINGS
USE FOR WAR PURPOSES In consultation with education boards the National Savings Committee his decided to invest funds from school savings hanks in war securities. A' J though the funds will be applied directly to war purposes, the school saving ß scheme will remain unchanged, deposits and withdrawals being made as in tnfl * The National Savings Commits® states that with the knowledge tllji* their savings are directly helping t"® war effort it is anticipated that children will be prepared to increase deposit* and reduce withdrawals to a minimuW* Any child may have a school savings account as well as a national saving account. Deposits or withdrawals in tne school savings account will be maa through the child's school as at presen ibut with the national savings a £ coU " deposits will be made at a post trustee savings "bank and no witn , f< , drawals will be allowed until June » 1945.
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Bibliographic details
New Zealand Herald, Volume LXXVIII, Issue 24024, 23 July 1941, Page 8
Word Count
151SCHOOL SAVINGS New Zealand Herald, Volume LXXVIII, Issue 24024, 23 July 1941, Page 8
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