Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-11-14
InUe tnlent VIII Be as
Simple as Purchase
Of Postage
Stamps.

WASHINGTON, November I..-in-
vcstmcn, in War Saving Certificates
will be as simple the purchase Of
postage stamps under a plan am
nounced Tonight by Secretary McAdoo
for the nationwide certificate sales
campaign which nc will inauGuratc OF
Monday, december :. with the assis-
,ancc OF the War Savings Committee.
which he has created. consisting Of
Frank 4. Nanderiip. OF New York.
chairman; Mrs. George Bass. Of chi
cage; Frederic Dclono Chicago: Henry
Ford, of Detroit; Eugene Meyer. Jr..
of New York. and Charles l.. Bainc of
boston.
Any person may invest amounts as
small as 20 cents at a time at post
offices. banks trust companies, at
most railroad stations. stores and fac
tories and at many other public places
where accredited persons will act as
authorized selling agents. After the
sales begin, the certificates may be
purch- at any time. At tho average
1918 selling price such Investments in
certificates will yield 4 per cent in
tercst compounded quarterly. The Ger
tiiicates will be dated january - 1915
and will mature January |. 1929 or
five years after date. The entire
wealth and security OF tho United
States is behind them.
The tax exemption provisions Of
these certificates. particularly from the
standpoint OF the purchaser OF smaller
amounts. makes the Investment attrac-
tive. No person may purchase at one
time more than 800 worth, or hold at
one time more than $1,000 worth of
these certificates.
EVIDENCED BY STAMPS
OF TWO DENOMINATION
These obligations OF the United
States will be evidenced by stamps OF
two denominations--a War Savings
Stamp costing from S4.l2 to si.@3, ac-
cording TO the month in which pur-
chased. and having maturity .lue
OF So. and a Thrift Stamp costing 20
cents.
During December, 1917. and January
| 1918, War Savings Stamps will be sold
for S4.12 each. AT the beginning of
each of the succeeding months of 1918,
starting February i. the cost of IA
stamp will increase cent per month.
All War Savings Stamps issued during
1918 will mature on January l. 1928
when they will he redeemed at 50
each.
The difference between tho purchase
price pail at any time during 1918 and
So, represents the interest the govern
ment will pay tho holder.
With tho first War Savings Stamp
bought the purchaser Will obtain with
out expense a War Savings Certificate
containing spaces for twenty such
ct "a II I've
filled durin. December, 1917, or Jan
uary. 1918, tho cost to the purchaser
will have been SAFE for each stamp. or
sSo.40 Tor the filed certificate. and on
January /, 1923, the government Will
redeem the certificate at slOo. giving
the holder net profit of $3.50 for the
use Of his money.
Thrift Stamps costing - cents each
are from time TO time as purchased to
be affixed to Th-ift Cards, which will
be supplied without cost. Thrift
Stamps will not bear interest. but a
Thrift card when nllcd at a cost of 81
may be exchanged for a War Savings
Stamp bearing interest at per cent
compounded quarterly merely by turn
inS the card in TO tho post flee bank
or other sales agency. and paying the
price Of a War Savings stamp. The
Thrift Stamp feature OF tho plan will
afford an unpara llelcd opportunity for
the small investor to save in order to
place lis or her money at interest with
absolute safety.
PRIVILEGE OF SIRRENDEnING
CERTIFICATE PROVIDED
The privilege of surrcndcring il GER
titicatc to tho government and rccciv-
ing the cost thereof plus interest at
the rate of about per cent has been
provided for the convenience of those
who may have bought certificates and
later on find themselves in need OF
their money II is hoped. however.
that this privilege will he exercised
only in cases of necessity. Upon ten
days written notice after January
next postmastcrs Will pay of ccrtif-
Gates at their cost to purchasers plus
an increase Of cent "A month on each
War Savings Stamp on the certificate
surrendered. as shown by a table OF
value appearing on the certificate. Tn
der this plan il will he absolutely i'm
poss iblc for "a certificate or the stamps
thereon to deprcciatc in value. nor
can there ever be any question that il
is worth tho price shown thereon.
That is tho story Of the system un-
der which the sale and redemption OF
War Savings Certificates will operate.
There can he no tcchnicatitics to con
fuse, no change Of depreciation i'll val
ucs. nor any operations which any
child who can read and count cannot
comprehend.
4
NEW LOAN TO FRANCE