Bisbee daily review., 1917-11-25
THRIFT STAMPS ARE
TO Be SOLD AFTER
MONDAY, DEC. 3RD,

Good morning, nice day; thrift
stamp, please"
Beg pardon"
yes, nice little day-sure; thrift
stamp, thatswhatisaid!"
And Mr. Postoffice Patron will be in
his right senses too, when, after De-
cem5er 3, he insists that the young
lady at the postal savings window
serves him a thrift stamp for the sill
yer quarter that he did not buy cigars
with She may question the goodness
of the morning and the niceness of the
day but Mr. Patron is entitled to the
thrift stamp.
Investment in war savings certifi-
Gates will be as simple as the pur-
chase of postage stamps under a plan
announced by Secretary McAdoo for
the nationwide certificate sales cam
paign, which he will inaugurate on
Monday, December 3rd, of which Post
master Bailey was advised yesterday.
Any person may invest amounts as
small as twenty-five cents at a time at
postofices, banks or trust companies,
! at most railroad stations, stores and
factories and at many other public
places where accredited persons will
act as authorized selling agents. After
the sales begin the certificates may
be purchased at any time. At the
average 1918 selling price such invest
ments in certificates will yield four
per cent interest compounded quarter
ly. The certificates will be dated,
January 2. 1918, and will mature Janu-
airy /, 1923, or five years after date.
The entire wealth and security of the
United States is behind them.
Exempt From Taxation.
The tax exemption provisions of
these certificates, particularly from
the standpoint of the purchaser of
smaller amounts, makes the invest
ment attractive. No person may pur-
chase at one time more than 800
worth or hold at one time more than
81, 900 worth of these certificates.
These obligations of the United
States will be evidenced by stamps of
two demoninations-a war savings
stamp costing from s412 to s423 ac-
cording to the month in which purchas-
ed and having a maturity value of IS
and thrift stamp costing twenty-five
cents.
During December. 1917, and January
1918, War Savings stamps will be
sold for SAP each At the beginning
of each of the succeeding mon his %
1918. starting February 1, the cost of
stamp will increase one cent per
month. All war savings stamps is
sued during 1918 will mature on Jaru-
airy 1, 1925, when they win be redeem
ed at $500 each. The difference be-
tween the purchase price paid at anv
time during 1918 and $500 represents
the interest the government will pay
the holder.
$3.50 Net Profit.
With the first war savings stamp
bought by the purchaser will obtaia
without expense a war-savings certif-
cate containing spaces for twenty suc1
stamps. II the twenty spaces are filed
during December. 1917, or January,
1918, the cost to the purchaser viii
have been SAP for each stamp or
$50. 40 for the filed certificate and on
January 1, 1928. the government will
redeem the certificate at 800. giving
the holder net profit of $3.50 for the
use of his money.
Thrift stamps costing twenty-five
cents each are from time to time as
purchased to be affixed to thrift cards,
which will be supplied without cost.
Thrift stamps will not bear interest
but thrift card when filled at cost
of $500 may be exchanged for a war
savings stamp bearing interest at
per cent compounded quarterly mere
ly by turning the card into the post
office. bank or other sales agency and
paying the difference between $500
and the current price of war savings
stamp. The thrift stamp feature of
the plan will afford an unparalleled OPP
portunity for the small investor to !
save in order to place his or her money
at interest with absolute safety
May Surrender Certificate.
The privilege of surrendering a GER
tiflcate to the government and receiv-
ing the cost thereof plus interest at
the rate of about 3 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. Il is hoped, however.
that this privilege will be exercised
only in cases of necessity Upon ten
days written notice after January |
next postmaster will pay off certih- |
Gates at their cost to purchasers plus
an increase of one cent a month on
each war savings stamp on the certif- /
cate surrendered. as shown by table |
of value appearing on the certificate. |
Under this plan it will be absolutely |
impossible for a certificate or the |
stamps thereon to depreciate in value.
nor can there ever be any question /
that it is worth the price shown there |
on.