Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1917-11-16

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form Of investment for people who wish
to accumulate savings In small amounts
and invest their small savings in obli-
cations Of the United States govern
ment.
"The government has. therefore de-
vised what we call war savings certi1-
Gates, and to sell them to the Amcri-
can people under the direction OF the
secretary Of the treasury, I have APP
pointed a war savings committee, con-
sisting of Frank A. Vanderiip, of New
York, chairman: Mrs. George Bass. Of
Chicago. Frederick A. Delano. Of Chi
cago, Henry Ford, OF Detroit, Eugene
Meyer, Jr.. OF New York, and Charles
L. Baine Of Boston.
$1,000 10 Limit.
mo one Is allowed to own more than
$1,000 par value Of war savings Ger
tiflcates. They are intended for the
masses of the people Of the country,
who accumulate their savings In small
sums.
"These two simple methods put
within reach Of every class Of the
American people, however small their
means, the opportunity Of saving their
money, however small the amounts,
and lending 1t to their own government
at per cent per annum interest COM
pounded, with the right on their part
to have their certificates cashed by the
government at any time at a sum in
excess of the actual cost Of the stamps
they have bought.
Everyone who does this will not
only increase his own fortune to the
extent of his savings but he will be
benettting his government by lending
his sayings to it. and at the same time
he will be helping our soldiers and
sailors
Plan Enables All to Help.
IF you could have talked with the
persons with whom / have talked, and
If you could have read the hundreds OF
letters ! have received since the first
Liberty Loan was offered, you would
be impressed with the overwhelming
importance of this newest patriotic
government savings plan.
You would appreciate what la means
to the thousands of loyal Americans Of
small means who are eager to serve
their country with their savings but
who are unable to do so because the
smallest denomination of the Liberty
Loan, $50, was beyond their reach.
Recently received letter from an
Illinois woman, enclosing a money
order for 81, in which she said: AS !
can not promise to buy any Liberty
Bonds, l want to give this 81 to my
government. 1t is all can do
1t has given me the greatest plea
sure 10 write her that she will be
among the first to receive United
States thrift stamps for her 81 when
the war savings campaign starts next
month. When she receives her United
States thrift card she can easily add
her savings from time TO time, and on
Jan. !, 1928, when the war certificates
begin to mature, she will receive not
only her original investment, but in
te-est as well, compounded at the rate
o. per cent per year.
Patriotic Minte May Win War.
Who knows but that that mite Of
this patriotic woman may give susten-
ance to the very soldier who fires the
deciding shot of this great struggle or
that ii may even pay for the shot it
SELF? Perhaps il may do neither, but
and Of many hundreds of thousands OF
others like Fer in this nation will do a
tremendous part toward bringing VIC
tory to our arms and lasting peace to
the world
II was as one Of the leading financiers
Of the country that Mr.. Vanderlip dis
cussed the situation.
$3.50 Interest on $e24o.
Entirely aside from the patriotic |
element, the investment feature Of the !
new war savings plan appeals strong |
~ to me-" he said How anyone, even |
tho he were not DESTROYS OF aiding his
we might conceive of such |
q person at this time-could refuse to |
embrace this unusual opportunity for
investment, is beyond my compre-
hension.
THE first consideration-in all invest
ments. Of course, IS their safety. Could
anything be safer than something with |
the entire wealth OF the United States
behind it? The second consideration Is
the return on the investment. Is not
$3.50 for the loan OF ss2.4O for five
years attractive enough for any one%
There Is not the slig htest doubt that
this campaign for war savings will be
an overwhelming success. 1t will reach
more persons than any Of us. in our
moments of widest fancy have pre-
dicted. I predict that the war savings
army will be the mightiest that auto
cracy ever undert ook to combat
AS a less expensive substitute Tor an
electric hair drier an electrician In