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The plaque commemorates the over-subscription to the Peace Loan in 1919.
During World War One, to finance the war the Commonwealth had a series of war loans, and then peace loans. To recover the cost of the war and fund soldier pensions the government launched 'Peace Loan' campaigns after the war. Peace loans were similar to the war loans where people loaned money to the government and received interest.
The Council met on Monday night. There were present The Mayor (Ald. F. Thompson) and Ald. Bent, Wilkinson, Miles, Ashcroft, and Minogue.
MAYOR'S MINUTE.
A letter had been received from the Commonwealth Bank regarding the Peace Loan Memorial Tablet awarded this Municipality in connection with the Peace Loan, and he would be glad to know the Council's wishes regarding the disposition of the tablet. With respect to the War Tablet, it was decided to erect it to the front outer wall of the Council Chambers.
Riverine Grazier (Hay, NSW), 5 March 1920.
Location
| Address: | 355 Church Street, Hay Gaol Museum, Hay, 2711 |
|---|---|
| State: | NSW |
| Area: | AUS |
| GPS Coordinates: | Lat: -34.503364 Long: 144.850975 Note: GPS Coordinates are approximate. |
Details
| Monument Type: | Plaque |
|---|---|
| Monument Theme: | Government |
| Sub-Theme: | Federal |
Dedication
| Approx. Monument Dedication Date: | 1920 |
|---|
Commonwealth Of Australia
PEACE LOAN
A. D. 1919
To Commemorate The Oversubscription
Of The Allocated Quota Of This Loan
By
THE MUNICIPALITY OF HAY
M. I. Minogue Mayor
W. A. Watt Treasurer
W. M. Hughes Prime Minister
