Danskeren. [volume] (Neenah, Wis.) 1892-1920, 1917-12-26
War SAVINGS CERTIFICATE
STAMPS
VIVA. They Are and How to Buy Them

What They Are and How to Buy Thsm
At the last session Congress author
lied an issuance of two billion dol
lars In government securities In
amounts Of % cents and 5 dollars.
The 20-cent securities are known a.
Thrift Stamps" The 5-dollar size
are called war Savings Stamps"
The Secretary of the Treasury was
given until January l, 1918, to dispose
Of these securities.
The congressional act authorizing
the War Certificate Loan provides
that no person can own more than
one thousand dollars worth Of these
securities. The Obvious reason fer
this was to prevent the loan being
taken up by big investors, which
would otherwise have been done on
account Of the high rate Of interest
paid.
The small amounts In which the
war savings securities can be obtain
ed were made to allow every man,
woman and child In the country to
aid In loanlng the government money
for the prosecution Of the war. The
b-dollar wal savings stamps when at.
tached to a certificate are practically
government bonds. The stamps pay
AZ interest compounded quarterly,
which is equivalent to about 4h%.
The 26-cent stamps will not bear In
terest, but when n saves sixteen Of
them and turns them In for a 5-dol-
lar war savings stamp, the investment
begins to draw interest. The 5-dollaf
stamps carry the highest rate OF In
terest the government has ever paid
on money 1t has borrowed.
The thrift stamps, as well as the
war savings stamps, will be on sale
at post offices, banks, stores and
numerous other authorized agencies.
During December 1917 and January
1918, sixteen 25-cent thrift stamps
al be turned In at any authorized
agency with twelve cents, or a total
Of s4.12, and a 5-dollar war savings
stamp can be obtained. This stamp,
while worth only s4.12 when bought.
will at the end of Ave years be
worth $500, and at that time can be
eashed at any post Office for that
amount.
During December this year and
January Of next year 5-dollar war
savings stamps will cost $4.12 each;
In February, Sab; in March, S4.14;
In April, s4.15; and SO they will cost
n cent more each month up to
December 1913, when they will sell
for s4.23 each.
A card Is given with the first Is
cent thrift stamp on which sixteen of
the stamps can be pasted. When one
purchases a 5-dollar war savings
stamp or turns In a card with sixteen
thrift stamps On II and twelve cents
extra, he gets a 5-dollar war savings
stamp and a war savings certificate
that has room for twenty of the war
savings stamps. The name and adj
dress OF the purchaser Is written on a
certificate when bought. II 1t is lost
all the finder has TO do Is to drop II In
the mail box In accordance with the
instructions on the lard and 1t will be
returned to the owner
One can buy one hundred dollars
worth Of war savings stamps for
s82.4o during December Of this year
and January Of next year, and a little
more each month throughout the year.
When that amount Of stamps In
bought, one viii get a certificate con-
tanning twenty stamps which Ave
years hence, or on January 1, 1921,
win be worth $4,000. Anyone can
buy thrift stamps or wal savings
stamps in n amount up to $1,000.
IL n buys war savings stamps
and does not want 10 keep them for
the period Of five years, they can Be
cashed any time at the post office.
The war savings stamps are not
subject to tax except inheritanca
taxes " OF incomes over 5000 per
year.
The Secretary Of the Treasury has
allotted TO Nebraska the sale of TWEEN
ty-six million dollars worth of war
savings stamps, which means about
80 per person In the state. The or
ganixation to sell the stamps In No
braska IL centered In Omaha under
the direction Of Mr.. Ward Burgess,
who has the title Of State Director.
Assisting him In an executive com
mittee composed of o. T. Eastman,
O. II. Dufie, Guy @. Kiddoo, e. y.
Folda and Joseph Barker. Frank
BuiIta is State Publicity Manager ard
II. o. Palmer neld secretary. Thssv
will also be a chairman In each coun
y and a committee In zach tswn II
~ state.