Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1917-12-01
BABY BONDS
AREPUT BEFORE
PUBLIC TODAY
A Man With Four Dollars to
Invest Can Do His
Bit in War

Baby Bonds" the United States
government has whimsically called
thrift stamps which will be on sale
Monday morning for every man,
woman and child in the nation VINO
has so much as SLIP to lend Uncle
Sam for his mighty task of winning
this war. Harrisburg plans for read
lily securing the certificates were
completed to-day when supplies were
sent to post offices, branch offices
and to every mail carrier. At the
main office customers are to inquire
at the registered letter window.
At the head of the Pennsylvania
state campaign is Robert X. Cassatt,
head of Cassatt & Company, bankers.
Philadelphia, and in behalf of this
latest effort of the government TO
raise a great sum, $4,000, 100000, he
puts the cause in a nutshell as fol-
lows:
The government expects an even
more noteworthy response to the Of
fering of War Savings Certificates
and Thrift Stamps than it has had
to its appeals for the purchase OF
Liberty Bonds or other agencies for
raising money to carry on the war
The principle involved is even far
ther reaching and more vital than
that in the other measure, for in the
sale of War Savings Certificates and
Thrift Stamps the Treasury Depart
ment is making real test of the
power of the people of moderate
means and the poor people to save
and help the nation"
The first link in the chain of sell
ing forces will consist of the SAL
incorporated banks and trust COM
panies and the national banks IN
forty eight counties of the state, and
other means will be put in operation
when these are going. There will be
2 committee chairman, a man well
known in the section, who VIII IN
turn appoint a working force con-
sisting of various branches OF labor,
business, fraternal, religious, educa-
tional and civic groups, so that all the
people will be represented. Certain
counties have already been furnish
ed with a leader as George q. Lloyd,
Carlisle, for Cumberland; c. NJ. Tay-
lor, for huntingdon; William II.
Greenough, Sunbury, for North
umberland; John c. Motter, New
Bloomfield, for Perry, and o. Row
land Read. for York county.
Commenting on the scope of the
baby bond sale. Mr.. Cassatt says:
This sale is going to be distinct
from anything ever attempted in this
country in the line of financial oper-
ations. While the big banks and trust
companies are to have their part in
it, the sale will reach right down un-
til every sales agency will be employ
ed to sell these certificates that are
to raise $4,000, 100000 from the peo-
pie of America.
Post offices, drugstores, retail
stores, cigar stores, schools and col
leges, saving societies and every oher
agency that can be put to work will
be certified to make these sales. The
government feels that it must en-
ploy the selling agencies that are
closest to the people. In this way the
sale can and will be made sue
cess"
1t is pointed out that money is
doubly useful in these savings as 1T
not only draws compound interest OF
four per cent. in five years, but the
money can be claimed at any time
during that period and still net fair
interest during the time held of bit
Lace than three Der cent.