South Bend news-times. (South Bend, Ind.) 1913-1938, 1917-11-25
EASY TO BUY
SAVINGS STAMPS
Sec'y MCAdoo Announces Sim
pie Plan of Investing Small
Sums With u. S.

WASHINGTON. Nov 2i.-In-
yestment in war savings certificates
will be as simple as the purchase
OF postage stamps under a plan an
ncunced by Secy McAdoo for the
nationwide certificate sales cam
paign which ne will inaugrate on
Monday. Dec 3rd. with the assist
ance Of the war savings committee
which ne has created consisting Of
Prank a. Vanderlip OF New York,
chairman, Mrs. George Bass OF Chi
cago, Frederic DOleno Of Chicago,
Henry Ford Of Detroit. Eugene
Meyer. jr.. Of New York. and
Charles l. Baine Of Boston.
Any person may invest amounts
as small as - cents at time 40
post offices. pa KS or trust Compa-
mes. at most railroad stations.
stores and factories and al many
public places where accredited per-
sons viii act as authorized selling
agents. After the sales begin the
certificates may be purchased at
any time. At the average 1918 SELL
ing price such investments i'm Ger
tifcates Will yield four percent in
terest compounded quarterly. The
certificates will he dated Jan. ..
1918. and will mature Jan. I. 1928.
or five years after date. The entire
wealth and security Of the United
States is behind them.
The tax exemption provisions Of
the standpoint Of the purchaser OF
smaller amounts. makes the invest
ment attractive. 40 person may
purchase at one time more than
500 worth or hold at one time
more than $1,000 worth OF these
certificates.
Two Kinds of Stamps.
These obligations of the United
States viii he evidenced by stamps
or two denominations-a war saw
ings stamp costing from S4.12 TO
1923. according TO the month in
which purchased and having a ma
turity value Of So. and q thrift
stamp costing % cents.
During December. 1917. and Jan
uary, 1919. war savings stamps will
be sold for s412 each. At the
beginning OF each Of the succeed
ing months Of 1913, starting Feb. /,
the cost Of a stamp will increase
one per cent per month. All war
savings stamps issued during 1918
will mature on Jan. I, 1928. when
they will be redemmed at 50 each.
The difference between the pur-
H.
ing 1918. and 50. represents the
interest the government will pay
the holder.
With the first war savings stamp
bought the purchaser Will obtain
without expense a war savings Ger
tificate containing spaces for 20
such stamps. II the 90 spaces are
filled during December, 1917, or
January. 1918, the cost 20 the pur-
chaser will have been S4.12 for each
stamp or sS2.4O for the filled Ger
tifcate and on Jan. 1, 1928, the
government will redeem the GER
tihcste at $1OO. giving the holder
a net profit Of S17.6O for the use Of
his money.
Thrift stamps costing % cents
each are from time TO time as pur-
chased 20 be affixed TO thrift cards.
which will be supplied without cost.
Thrift stamps will not bear inter
est but a thrift card when filled at
cost Of 50 may be exchanged for
war savings stamp bearing in
terest at per cent compounded
quarterly merely By turning the
card in TO the postofice. bank or
other sales agency and paying the
difereace between 81 and the cur
rent price OF a war savings stamp.
The thrift stamp feature of the
plan will afford an unparalleled op-
portunity for the small investor 10
seve in order 10 place his or her
money at interest with absolute
safety
The privilege OF surrendering q
certificate 20 the government and
receiving the cost thereof plus in
terest at the rate of about per
cent has been provided for the con-
venience of those who may have
bought certificates and later on find
themselves I'm need Of their money
il is hoped however. that this priv
ilege will be exercised only i'm cases
of necessity. Upon 10 days written
notice after Jan. ! next, post
masters will pay of certificates al
their cost TO purchasers Plus an in
crease OF one cent month on each
war savings stamp on the certificate
surrendered. as shown by a table OF
value appearing on the certificate
Under this plan IL Will be absolutely
impossible for a certificate or the