The Washington times., 1917-06-04
CARL H. BUTMAN.
would Have Liberty Loan Bonds Of
noIIar Each

CARL II. BUTMAN.
would Have Liberty Loan Bonds Of
Dollar Each.
To the Editor of THE TINES:
The United States has q population
Of over 100, o00, 900. 20 per cent or more
in a class earning and enjoying a
comfortable living, who are patriotic
and earnestly desire to share In, ana
contribute to, the Liberty Loan OF
the Government, but not being of the
provident class have pot learned now
to either accumulate or follow a plan
of systematic saving sufficient TO get
together enough to invest in the BOND
of a larger denomination. This class
will never be reached except by an
issue of small denomination bonds;
therefore / wish to submit for con-
sideratIon the following:
Issue Souvenir Liberty Loan Bonds
of 81 denomination for term OF ten
years Tor such period that may be de-
sired) to bear 81 per annum cumu-
latfye interest. The interest to be due
and payable on maturity OF the oono'
thus saving expense OF handling per-
iodically the small sums OF interest
That the interest may not further
accumulate embody in the bond a re-
firing clause at expiration OF the
terms.
Make the bonds half the size of .
one dollar bill to be able to produce
them in sheets OF multiples OF nve
or ten so that the printing Of them
may be economically and expeditions
iy pushed forward. For the vignette
use the Statue OF Liberty with the
horn OF plenty. making her drapery
Of Old Glory (this would be left, how
ever. TO the engraving artist for
working out).
Method Of Distribution.
That the distribution and handing
Of these small denomination bonds
may be done with little or no ex-
pense, and at the same time placed
where they can be easily and readily
obtained by the people, use the
Postoffce Department as a medium OF
distribution, putting them on sale
through the same clerks and methods
as the postage stamps are handled.
Thus the amount Of bookkeeping
would be reduced TO a smaller per-
centage than the handling OF the
larger denomination bonds.
This plan puts in the reach OF, ana
helps, a class of ambitious, patriotic
citizens to do their bit In which they
would take such pride and pleasure
that they would value the bonds many
times more than the monetary re-
demption value. and therefore
such bonds would be passed down
from generation to generation as
souvenir, heirlooms to treasure and
refer TO with pride. thus but a very
small portion would ever be present.
ed for redemption. of either principal
or interest, the holders vaIuing them
far beyond their redemption value.
Many Of those who have and will
subscribe to the larger denomination
bonds for investment will also buy
many Of these bonds to keep them
selves. TO give to children and friends
as souvenir keepsskes for life, thus
and increasing the
amount OF the loan which they would
take.
would, OF course, take consideration.
in which II those to whom II may
be allotted should need any further
explanation OF the plan as II has oc-
CURED to me ] shall take pleasure In
doing nv Bit by submitting myself
10 their examination or in any other
wsy giving to those charged with the
OF any part Of the Gov
ernment's success all that is in me.
The compensation for which will be
rich II have in any way helped
those on whom has fallen the respon-
sibiIity and privilege Of perpetuating
the principles OF democracy and Win
ming a victory for humanity.
P B. ANDERSON.
1907 New York ave NV.