El Paso herald. (El Paso, Tex.) 1901-1931, 1917-12-01
OUR MOST WASTEFUL NATION
WILL BREAK RECORD FOR THRIFT

FRANCE Is reputed to have the thrftiest the most
ing people IN the world The day labOTers the seam
stresses the small shopkeepers, the propretors and
propTeesses Of the innumerabe little pensions, the
chsnics and the sailors money As national trait It
almost might be called unanimous WastefuIness is nearly
confined to the prodgl rch and even IN the homes OF
wealth something Of the economical spirit round about
seeps and stays France IS not nggady, not penurous
not ungenerous, but France IS nation Of savers
For once we are to out-French France We the Amer-
can people, the wastefu in the world the freest
spenders the careless about money while have It
and the most eager grabbeTs after 1t when want it,
to become nation Of small savers.
The savings certificates are to be proof Of con-
version Watch Americans save buy certificates
What they2 They have not described IN great
detail but they be S. certificates which viii cost
S4.Iz and Tedeemable 1898 The only Official de-
scrpon available from Washington indicates they will be
considered complete when the attaches to them
certain number Of an especial of saving stamps. The
stamps viii be sale postOfCes probably at banks at
and shops of all descriptions When certificate
Is filled with stamps, the saver Will start another He
viii have plenty Of inducement. There will be stamps
sale nearly everywhere he turns. They viii be convenient
as to well nigh impossible to dodge if
in spirit want to do At the time the amounts
VIII be small hardly to be missed except possibly by
the very poorest persons.
The certificates being issued by the government for
the express purpose Of getting the small savings There
millions Of people in this country who
unable subscribe either Of the two Liberty loans be-
cause they could not spare the money Tor even one OF the
$50 baby" bonds This viii furnish their opportunity
help United States WELD the victory To
some conversion Of even few niclels dimes into
stamps to 70 to make up savings certificate may
mean sacrifice but It viii be sacrifice gladly made by
people eager to help far their slender viii allow
But the saving is not to be confined those who have
unable to buy Liberty bonds It will be pTaCced also
by those who have bought bonds Every man. and
child in the United States should fall right in with the
governments plan and and buy stamps and again
buy stamps Just long the plan continues IN oper
alton It viii mean IN effect, dscounting S. Of the
United States for S4Iz, which is fair enough rate
profitable one
This VIII not that the investors money VIII be
necessarily tied up the certificates until 1923. They
converted at banks stores at full value and they
circulate in al respects ike money that they viii
be redeemable gold At the United States treasury be-
fore the time fixed for ther redemption whereas IS bill is
redeemabIe on demand.
Thrift clubs VIII be organized throughout the country for
the purpose Of stimulating saving BY example and oOmpet
ton. Collecting postage stamps viii be dull dust beside
it. It VIII appeal to patriotism first and profit and thrift
secondarily.
The very size Of the certificate issue demands that
eyone 60 into It The treasury department proposes
through loan to the government amounting
to S7ooooooooo That huge viii represent the nickel
dimes and quarters of-how many millions Of people? It
VIII mean 100000 of the S. certificates OF $50 from each
Of the 100000 people the continental United States Our
continental population IS few millions over Ioooooooo but
the odd millions be deducted for enemy aliens persons
of nationaes allied with the enemy other aliens who for
whatever reasons they nay have do not this
way and socaled American ". VS. anarchists pacifists
radical Socialists and other dissenters.
So to lend the government Sz,ooooooooo Though the
Issue Of these certificates practically $40 for
every person the country Some Will buy $1,000 worth or
500 worth, while may not feel able to than