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7. War Veterans' Homes Proposals Cor the establishment of a war veterans' homo or homes in New Zealand were considered, and a committee set up to study the advisability and desirability of establishing such a home. The committee has done a considerable amount of preliminary work. B.' Kealizatiok of Assets The sum of £53,515 was realized during the year, mainly from the sale of huts, furniture, and equipment in New Zealand. 9. Secretary Mr. G. A. Hayden, who had been on sick-leave for some months, retired from the position of Secretary-Treasurer to the Board in April, 1947. He had held these positions since the inception of the Board, and much of the success of the patriotic effort of the Dominion has been due to his untiring efforts and organizing ability. Mr. Hayden has been appointed a member of the Board. 10. Appreciation The Board again desires to express its appreciation of the co-operation and assistance given by the Patriotic Councils and their committees and welfare organizations throughout New Zealand. It also wishes to thank its representatives overseas and its expending agents overseas and in New Zealand. Thanks are also due to the Government Departments which assisted it in its work, and to the Service chiefs and to the press. Finally, the Board desires to thank its office staff for the loyal and efficient service rendered, and the Government for meeting the office salaries and rent and for assistance in other respects. For and on behalf of the National Patriotic Fund Board. A. H. Gibson, Acting-Secretary.

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