Peace LoanPrint Page
A monument commemorates the Shire of Redcliffe fulfilling the Peace Loan quota in 1919.
To finance the war the Commonwealth had a series of war loans, and then peace loans. All were over-subscribed. This seemed to some to be further evidence of the inequality of sacrifice in the war -- those with money to spare could actually profit from the war, while others were suffering economic loss and decline.
|Address:||Hutchinson Street, Humpybong Park, Redcliffe, 4020|
|GPS Coordinates:||Lat: -27.231622|
Note: GPS Coordinates are approximate.
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Commonwealth of Australia
Peace Loan A.D. 1919
To commemorate the oversubscription of the allocated quota of this loan by the Shire of Redcliffe
J. Young Chairman
W. A. Watt Treasurer
W. M. Hughes Prime Minister