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PRINCE OF WALES FUND.

WELLINGTON, July 18. Some time ago the Minister of Defence received a memorandum from the secretary in Millerton and Granity for the Prince of Wales Relief Fund, stating that it was rumoured in that district that the Imperial Government had transferred a portion of the money subscribed for the fund to the war fund. In _ July 9 the High Commissioner, cabled in reply to a query by Mr Allen, that no portion of the money so subscribed bad been invested in either of the war loans. The committee recognised the necessity for the whole of the fund being readily available us required. Arrangements had been made with the Government to lend the portion not required immediately for short periods. The remainder was on deposit with the banks. The total fund received amounts to , £5,254,000, and out of that payments made amount to £2,205,000.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW19150721.2.138

Bibliographic details

Otago Witness, Issue 3201, 21 July 1915, Page 54

Word Count
147

PRINCE OF WALES FUND. Otago Witness, Issue 3201, 21 July 1915, Page 54

PRINCE OF WALES FUND. Otago Witness, Issue 3201, 21 July 1915, Page 54

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