CANTEEN FUND

Evening Post, Volume CIX, Issue 40, 17 February 1930, Page 8

CANTEEN FUND

TRUST BOARD'S REPORT

UNEMPLOYMENT GRANTS

The annual report and balance-sheet of the N.Z.E.F. Canteen and Kegimental Funds Trust Board shows the total funds at Ist February, 1930, to be £203,921 13s Sd, of which £202,889 is invested.at an average interest rate of £5 lls Sd'per cent.

The income-and expenditure account shows expenditure for the year ending Ist February, 1930, of £2000 to the Trenthani Scholarship Fund for the education of children of deceased and disabled soldiers, making a total of £9D7S) 10s to date for this purpose. This supplemented the bursaries available' from the Treutham Fund, thus making it possible for the latter fund to meet many more deserving rpplications than it would have been possible to meet from its own resources.

Grants towards the relief. of unemployment among returned soldiers totalled £4700 for the year, making a total to date of £11,200, this being administered .through the N.Z.R.S.A. organisation together with tho usual local body and Government subsidy. These giants have proved of great value and the assistance has been greatly appreciated by the N.Z.R.S.A. executive. Compassionate grants for the relief of distress in eases which could not be met from local patriotic or other funds or by pension totalled £154 7s 6d for the year, making a total to date for this purpose of £342 2s Id.

At its meeting tho board passed a resolution urging the Government to make public the report of tho Koyal Commission on Rehabilitation ,of Returned Soldiers at tho earliest possible date, in order that ample time may be given to the many interested organisations for a study of its recommendations before it is presented to Parliament.