WAR FINANCE

Wairarapa Times-Age, 27 June 1941, Page 3

WAR FINANCE

NATIONAL SAVINGS CAMPAIGN.

GOOD PROGRESS CONTINUED.

In an address, the chairman of the National Savings Committee, Mr T. N. Smallwood, referred to the progress in the committee’s campaign for 250,000 National Savings accounts and stated that the number of accounts opened had now passed the 150,000 mark. He thanked the 152,363 men, women and children, together with holders of National Savings Bonds who to date had contributed £1,800,000 through National Savings to the Dominion’s war effort and stated that it would be a prouder day when he was able to include the further 98,000 supporters still required to reach the objective of 250,000 National Savings accounts. Mr Smallwood said: “There are lots of people with the best of intentions who are just a little forgetful, and a reminder or twinge of conscience is required to spur them on. I think an apt illustration can be given by a letter once written to the British Chancellor of the Exchequer. It read. ‘Dear Sir, —I once defrauded you of £5. Remorse gnaws and I send you ss. When it gnaws again I shall send you some more.’ The writer had a sense of humour, but I cannot help hoping that remorse will gnaw all of us not saving to capacity in such a crisis, and go on gnawing until we have opened the account and got ourselves into that regular deposit habit each pay day which enables us to look each sailor, soldier or airman in the face with the knowledge we are backing him to our utmost to win on the field of battle.”