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The plaque commemorates the over subscription of Commonwealth peace loan of 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.
Holbrook Shire oversubscribed its quota to the peace loan by more than £5000. This creditable record is mainly due to the efforts put forth by the council and the shire clerk (Mr. J. R. White), and at Tuesday's meeting a letter was read from the central committee, Sydney, thanking the councillors and all concerned for their practical patriotism.
Albury Banner and Wodonga Express (NSW ), 8 October 1920.
Location
| Address: | Young & Albury Streets, Holbrook Shire Hall, Holbrook, 2644 |
|---|---|
| State: | NSW |
| Area: | AUS |
| GPS Coordinates: | Lat: -35.725097 Long: 147.312687 Note: GPS Coordinates are approximate. |
Details
| Monument Type: | Plaque |
|---|---|
| Monument Theme: | Government |
| Sub-Theme: | Federal |
| Approx. Event Start Date: | 1919 |
| Approx. Event End Date: | 1919 |
Dedication
| Approx. Monument Dedication Date: | 1920 |
|---|
Commonwealth of Australia
Peace Loan
To commemorate the over subscription of the allocated quota of this loan by the Shire of Holbrook
A. R. McLaurin President
W. A. Watt Treasurer
W. M. Hughes Prime Minister
