The Archive · 1929

NATIONAL SAVINGS

Ai The annual meeting, at Bournemouth, of voluntary workers of the Nati ional Savings Movement, at which the Duke'of York made the appeal to public' schoolboys "to acquire a right] outlook on thrift and extravagence, revealed some extremely interei ing and welcome facts to the progress of this undertaking.

It was, started thirteen years ago when, during the war, 2 number of voluntary associ jons were formed to encoura, par ularly the small -saver to contribute to the war loans.

This was done by stamps on a card, which, when it showed, if we remember rightly, 198. 6d. saved, could be exchanged for a £1 certificate pay-_ ing five per cent. More fortunate than some of the excellent movements that flourished during] war but languished in peace, this one not only continued but} throve enormously. now comprises no fewer than 28,184 asso-dations, 166 having been added

Text read from the printed page and cleaned; old type leaves the occasional error.

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