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Peace LoanPrint Page Print this page

23-April-2019
23-April-2019
Photographs supplied by Arthur Garland

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.

Ilfracombe Shire Council.
The Clerk was instructed to wire the Manager, Commonwealth Bank, Rockhampton, stating that £15,750 had been subscribed to the Peace Loan, this being £2750 above the Ilfracombe Shire quota.
Western Champion and General Advertiser for the Central-Western Districts (Barcaldine, Qld.), 16 October 1920.

 
 
 

 

Location

Address:Main Avenue (Landsborough Highway), Memorial Gates, Ilfracombe, 4727
State:QLD
Area:AUS
GPS Coordinates:Lat: -23.489337
Long: 144.506752
Note: GPS Coordinates are approximate.
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Details

Monument Type:Plaque
Monument Theme:Government
Sub-Theme:Federal

Dedication

Front Inscription

Commonwealth of Australia
        PEACE LOAN
           A. D. 1919
To Commemorate The Oversubscription
Of The Allocated Quota Of This Loan
                By

THE SHIRE OF ILFRACOMBE
J. Inglis            Chairman
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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