SAVINGS GROUP
EFFECTIVE IN FINANCE STRATEGY REMARKABLE DEVELOPMENT IN BRITAIN. CHANCELLOR GIVES FACTS. (British Official Wireless.) (Received This Day, 11.45 a.m.) RUGBY, June 19. Speaking in East London the Chancellor of the Exchequer (Sir Kingley Wood) said that, in the strategy of finance, the National Savings Group had proved as effective as the tank in the strategy of war. Today there were nearly 275,000 groups and about fifteen million members. Street savings groups had almost as striking a history as ordinary savings groups, and there were nearly 100,000 of these, with an estimated membership of four millions.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WAITA19420620.2.42
Bibliographic details
Wairarapa Times-Age, 20 June 1942, Page 4
Word Count
97SAVINGS GROUP Wairarapa Times-Age, 20 June 1942, Page 4
Using This Item
National Media Ltd is the copyright owner for the Wairarapa Times-Age. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of National Media Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in