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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 total amount subscribed to the Peace Loan in Muswellbrook and district is £28,830. The quota fixed was £20,000. Honor tablets will be forwarded to Muswellbrook in a few weeks' time. We congratulate the district upon having done so well in a desperately bad season like the present.
Muswellbrook Chronicle (NSW), 18 October 1919.
Location
| Address: | William & Bridge Streets, School of Arts, Muswellbrook, 2333 |
|---|---|
| State: | NSW |
| Area: | AUS |
| GPS Coordinates: | Lat: -32.265175 Long: 150.888644 Note: GPS Coordinates are approximate. |
Details
| Monument Type: | Plaque |
|---|---|
| Monument Theme: | Government |
| Sub-Theme: | Federal |
Dedication
| Approx. Monument Dedication Date: | 1919 |
|---|
Commonwealth of Australia
Peace Loan
A. D. 1919
To commemorate the oversubscription of the allocated quota of this loan by the Municipality of Muswellbrook
C. H. Tindale Mayor
W. A. Watt Treasurer
W. M. Hughes Prime Minister
