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WAR SAVINGS STREET SIGN

This now-rusted metal plate, approximately 35 cm x 18 cm, is a relic of war time in Oakleigh in the early 1940s.  It is curved and has holes for attaching to an electricity pole, and it was used to promote participation in the War Savings scheme.  In 1940 the Australian Government launched this scheme to financially support the national war effort.  Street Savings Groups were set up, each of which had a voluntary secretary, as seen in this news article in Queensland:  “Honorary lady organisers are required for each street in the town to call on the residents in those streets, seek their co-operation in the formation of a group, collect their weekly subscription, and in due course deliver their War Savings Certificates to them.”  The work was said to be of national significance.  Citizens would lend money to the Government and at the same time be laying aside a nest-egg for themselves which would be repayable after seven years. (Nambour Chronicle and North Coast Advertiser 5 June 1942 – Trove.)