Government Works Loan- Cinema Advertising Slide
Object type
Image
- Description
-
The last thing anyone expected when going to the cinema was being presented with an investment opportunity (unless the cinema happened to be for sale!) but life can provide surprises. Government Works Loans were internal borrowings by the Government to fund public works. Money was sourced from individuals and then paid back with interest.
According to the 1959 'Hansard' records, 3,772 people subscribed to the 1959 Works Loan, with 939 people loaning under 200 pounds to the scheme. Government Departments also took part in the loan. The previous year's Work Loan raised fifteen million pounds! (although it had more subscribers than 1959's).
Identification
- Object type
- Image
- Date
- 1959
Related items
Creation
- Created By
- MAVtech Museum
- Place
- MAVtech Museum, Foxton
Object rights
- License
- Attribution + Noncommercial + ShareAlike