Connecticut western news., 1917-11-29
NATIONAL THRIFT FUND
Campaign Starts on December 3 for
 Savings Certificate.

2 The National War Savings Commit tee of the treasury department at Washington will inaugurate on Decem- Der 3, a campaign for the National Thrift Fund, to be carried on through the postoffices of the country. Post master Roberts has received full in. structions as to the handling of the funds as we'll as the war savings cer:i ficates and thrift cards to be used in the campaign.
 It is proposed to raise two billion dollars by this plan, and local con- mittees in every part of the country have been organized to assist the government. The Connecticut State Council of Defense has agreed to place the entire machinery of its organiza- tion at the disposal of Howell Cheney, of Hartford who is in charge of one of the committees
 One point on which the public has been left in the dark, is the fact that the government is not asking you to give anything. The plan is not new one, having been practiced in this country during the Civil war and in Great Britain during the present war. The principal of the plan is practically the same as the Liberty Bonds on a smaller scale.
 Through means of the Thrift Fund the public will be enabled to invest in the equivalent of per cent Liberty Bond in sums as low as 25c. The payments may be made at any time and such 25 cent investment will give the purchaser one thrift stamp" and each thrift stamp card will have space for I6 stamps. The investment will not bear interest until l6 thrift stamps have been purchased when they may be exchanged for United States War Savings Ger tifcate with the payment of the difference between the face value of the thrift stamps and the cost at the date of exchange of the certificates The certificates which mature in Janu- ary 1928 at face value of $5 may he purchased in January 1917 for $4.12, and increase cue cent per month which will give them a value on January 1st, 1919 of $4. 24. | .a...
 They have slight advantage over Liberty bonds, which will appeal to many small investors, because they may be redeemed at any time at any postoffice at their fa,e value Manipu lation of the stock market will not lower or raise their value Each month these certificates increase in value one cent and if person should need B !, little ready money, full value of the certificates held will be advanced by the postmaster on demand
 Great Britian has been most success, full in a similar campaign. According to the last report, $1l0,000, 900 worth of certificates have been sold and only I l, 800, 900 nave thus far been turned in, or exchanged and 800, 900 of these were turned into cash in order that the holders might buy bonds of the last government issue.
 Every person should be the owner of at least one of these certificates and every school boy or girl should take advantage of this opportunity to help our government.
 Howell Cheney of. Manchester has been appointed state director for this work. He has announced the following committee which will help him "pui the plan across" in Connecticut:
 Howell Cheney. Rt. Rev. Chauncey B. Brewster. Mrs. Morgan G. Bulke ley, Rev. Dr. H. W. Ettelson, Mrs Henry A. Bumstead, Charles D. Hine, E. Kent Hubbard, Edward P. Jones, Rev. Dr. Flavel S.. Luther, Rt. hev. John J. Milan. Rev. pr. Rockwell H. Potter, Elijah Rogers, Julius Strem lau, O. T. Treadway. .t<
 MT. Cheney will be aided by ths following assistant directors:
 N. Searle Light, Mrs. Bernard T Williams.