Peace LoanPrint Page
A plaque commemorates Castlemaine 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:||Lyttleton Street, Castlemaine Town Hall, Castlemaine, 3450|
|GPS Coordinates:||Lat: -37.064311|
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 Borough of Castlemaine
S. M. Cornish Mayor
W. A. Watt Treasurer
W. M. Hughes Prime Minister