| Place | Oceania: Australia |
|---|---|
| Accession Number | RELAWM30418.002 |
| Collection type | Heraldry |
| Object type | Heraldry |
| Physical description | Wool felt |
| Maker |
Unknown |
| Place made | Australia |
| Date made | 1945 |
| Conflict |
Second World War, 1939-1945 |
Souvenir pennant : 3rd Victory Loan, 1945
Description
Triangular dark green felt souvenir pennant, with ties for suspension on the hoist. Screen printed in yellow, white, green, red and brown with a band of three stars across the top left corner, the Commonwealth coat of arms, and 'THIRD VICTORY [the 'V' has wings] LOAN MARCH-APRIL 1945'. '75 O.B.U.' is printed on a red scroll'.
History / Summary
The Third Victory Loan ran from March to July 1945, aiming to raise 100,000,000 pounds for the war effort from small investors. Investors were offered an interest rate of 3 3/4 percent, with the loan maturing between 1950 and 1961. Despite appeals to patriotism and self-sacrifice the loan failed to reach its target, although 422,714 people invested in it. People or small groups investing a certain amount received recognition in the form of these pennants. Staff from 75 Operational Base Unit, RAAF were given this pennant in recognition of the money they had raised.