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Photographs supplied by Arthur Garland

The plaque commemorates the over-subscription by Cygnet 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.

During the Peace Loan last year several Tasmanian municipalities distinguished themselves by exceeding their allotted quota of subscriptions, and thus becoming entitled to the bronze honor tablets offered to the best achievements. The tablets are now to be distributed.  The following municipalities over subscribed their quota, and are entitled to a bronze tablet:-Bothwell, Brighton. Campbelltown, Clarence, Cygnet, Deloraine, Emu Bay, Flinders, Glamorgan, Gormanston, Hobart, Huon, Kentish, Kingborough, Launceston. Latrobe, Leven, Longford, New Norfolk, Oatlands, Queenstown, Ringarooma, Ross, Scottsdale, Sorell, Spring Bay, St. Leonards, Strahan, Tarman, Waratah, Westbury. The tablets will be distributed to the  country municipalities as they are received from Melbourne.
Advocate (Burnie, Tas), 26th March 1920.


Address:37 Mary Street, Heritage Museum, Cygnet, 7112
GPS Coordinates:Lat: -43.161048
Long: 147.075841
Note: GPS Coordinates are approximate.
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Monument Type:Plaque
Monument Theme:Government


Approx. Monument Dedication Date:1920
Front Inscription

Commonwealth of Australia

Peace Loan
A. D. 1919

To commemorate the oversubscription of the allocated quota of this loan by the Municipality of Cygnet

R. Harvey         Warden

W. A. Watt        Treasurer
W. M. Hughes   Prime Minister 

Source: MA
Monument details supplied by Monument Australia - www.monumentaustralia.org.au
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