Unwanted Millions

Bay of Plenty Beacon, Volume 10, Issue 56, 29 November 1946, Page 8

Unwanted Millions

Millions of British Treasury notes which never reached a pocket or found temporary refuge in a cash register were recently destroyed by order of the Government, They were small change notes for 5s and 2s 6d intended for use during the war in the event of an invasion. While ■ England was preparing against an invasion it was considered that there was a risk that some part of the country might be cut off and become short of small money, so the notes were printed, bundled, and sent to the various regions. There they were hidden, but the emergency which was to call them out of hiding and into circulatidn never arrived, Cathedral to Cost £250,000 The building in Wellington of the Anglican cathedral at the earliest available opportunity was assured as the result of the recent appeal by the Citizens’ Committee and that of the Church of England to its members and it was hoped to lay the foundation stone in 1951, said the Mayor, Mr W. Appleton, and the Vicar-General, Archdeacon F. W. Petrid, in a joint statement. Money was still being received, though the joint appeal closed on October 31. It was now impossible to estimate the exact cost of the cathedral which had been set at £250,000 in 1938. When the joint appeal began, there was £157,000 in sight for building, in addition to which £76,000 had been paid for the site in Molesworth and-Hill Streets. Since then, in two sections (the Citizens’ Committee and Church appeals), £49,000 of new money had been received.