The Richmond Virginian. (Richmond, Va.) 1910-1920, 1917-12-04
THRIFT STAMP SALE
GETS GREAT START
!. j. Marcuse Buys First stamp in
Local Campaign-Business Brisk
All Day Yesterday.

simultaneously with every city and
community in the United States. war
savings stamps were put on sale yes
terday at the Richmond postoffice as
part of the treasury departments plan
to raise $4,000 600. 900 to supplemept
past and future bond issues and other
revenues to help the government
finance It's gigantic program to aid
the allies in putting an end to Prus-
sian militarism.
To l. J. Marcuse, prominent man
ufacturer and a member of the state
executive committee appointed by
Colonel Thomas 8. McAdams, In
charge Of the work in Virginia, went
the distinction of purchasing the first
war savings stamp sold in Richmond.
Mr.. Marcuse was the first caller yes
terday morning at the cashiers Office
in the postoffice, and invested sS2.40
in twenty stamps, which gave him a
completed war savings certificate of
the value of 1900, upon maturity.
January /, 1923.
Thrift stamps went on sale at the
same time. and the business in both
thrift stamps and war savings stamps
was brisk from the outset. In few
days thrift stamps and war savin gs
stamps will be obtainable at banks,
stores, trust companies, express and
railroad offices, schools and other
agencies which will be designated by
the secretary OF the treasury
Save and Serve" will be the slogan
of the campaign, which will continue
for one year. This is a measure not
only for financing the war, but ma
tionai movement to cultivate the hab-
IFS of thrift.
Thrift stamps are issued in denomi-
nations of rs cents. When the first
stamp is purchased a thrift card Is
given on which there arc spaces Nor
sixteen ascent stamps. totaling 81
When the thrift card is Allied IL may
be exchanged for a war savings stamp
on 20 yrnent OF an additional ~ cents
The war savings stamps. In turn. are
pasted on . war savings certificate
which has spaces for twenty stamps
the face value OF which is s1oe. This
500 will be paid by the government
to the holder at the end OF i've years.
In purchasing thrift stamps and war
savings stamps sufficient to All the
war savings certificate. the citizen
spends only sS240. The difference
hetweea@that amount and sl1a-rep.
reSents the interest at the rate of
per cent, compounded quarterly, paid
by the government.
Provision has been made for the
withdrawal of the money. plus in
terest to date. at any time after the
purchase of the first savings stamp.
All that 10 necessary 10 to give ten
days notice at the postofYice. The SIS
war savings stamps are not trans
fersble after they have been attached
to the war savings certificate.
Before the SIS stamps are pasted on
the certificate they may be given
away. When the certificates are rs
sued the name OF the holder In in
scrfbed. and facilities have been pro-
vided for registering them at any
postoffiee In order to protect the own
er against loss.
The 25-cent thrift stamps do not
earn interest, and they have been is
sued for the convenience of the pub
lie In saving $4i2 with which to buy
a SIS war savings stamp. Though not
the thrift stamps may be
given away and are OF value to any
holder, Just as postage stamps.