LONDON REGIONAL SAVINGS COMMITTEE

Signed minutes, files relating to Schools initiatives and photographs of various savings campaigns

The constitution of the National Savings Committee states that its aim was to 'educate the public to save for the benefit of the individual and the country'. It aimed to achieve this through investments in national savings securities, the post office and trustees savings banks.

Regional savings committees were set up to further these objectives on a local basis, the boundaries of the committees being determined by the National Committee. The main function of the regional committee was to act as a link between the local savings committees in the region and the National Committee.

The London Regional Savings Committee was set up in 1916. It consisted of a chairman, who was also the region's representative on the national committee, representatives of the local committees, who were also on the national committee, elected members of the districts into which the region was divided, and the chairman of the regional sub-committees.

The LRSC set up a series of standing sub-committees to establish links and promote savings and investment in such areas as schools, streets and villages, trade unions, and places of employment.

Minute books form the major part of the collection, minutes of the LRSC dating from 1965-1977. The committee was finally wound up in April 1978. Also present are minutes of the various sub-committees that were set up, the earliest dating from 1946.