NATIONAL SAVINGS

Otago Daily Times, Issue 24635, 17 June 1941, Page 6

NATIONAL SAVINGS

8000 NEW ACCOUNTS LAST WEEK In the course of an interview the chairman of the National Savings Committee, Mr T. N. Smallwood, indicated that the response to date to the appeal launched on Sunday, June 7, hfed been most gratifying. During the past week 800.0 new accounts were opened, making a total, of 132,000. The week’s figures were'better than during any week for several months past, although not yet up to the high level reached in the earlier stages of the campaign prior to Christmas, i ' V The object of the National Savmgs Committee is to ensure a solid.foundation for the National Savings Movement in New Zealand by enlisting • a minimum of 250,000 r supporters. The opening of an account is the first step in each individual’s part of the collective effort. To be effective, this must be followed by regular contributions throughout the war period. Mr Smalhyood added that one phase of the committee’s activities which it was anticipated would assist the campaign was the despatch to every householder in the Dominion copies of the two simple forms required to enable an account to be opened.