The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1917-12-29
THRIFT STAMPS
ARE NOT KNOWN,
KEESHEN SAYS
People Who Should Buy Them
Don't Know What They Are,

The people, especially the class for
whom the thrift and war savings stamps
were made available, do not appreciate
them or do not understand them, is the
reason that the stamps are not being
more readily bought, is the belief OF
James L. Keeshcn, publicity manager
OF the Oklahoma campaign committee
for the sale of stamps.
Mr. Keeshen said Although the
newspapers and the government and the
banks having the stamps for sale have
done all in their power to make the
campaign success. the class of people
for whom this stamp was created knows
practically nothing about il"
Ignorant Of Stamps.
Several persons were asked what they
thought the thrift stamp is. The first
person called upon was a woman cash
ier in one of the leading ielicatessens
OF Oklahoma City. She said IL really
haven't thought anything about it and
therefore, to tell the truth, do not even
i. know what the stamps are for.
/. The next person called upon was
messenger boy, Roy Reynolds; he said ::
you've got me ] never heard of 'cm,
and don't know what they are or Ike"
The last person called upon was
negro porter in one OF the leading ho-
tells, James Boyd When asked about
the thrift stamp, James said "Ah real
ly don't know much about EN-, but ah
saw sign in the postofflce window,
which selk EN-. All think you can get
them from 10 cents up to 500, but ah
Is not perfectly sure. They is some
thin for the Red Cross, like the Liberty
bond, only smaller one" When asked
II he intended buying any, he said
"Ah 'spect ah will if ah can get lit
tie cash"
Stamp Is "Baby Bond"
The thrift stamp in the first place
baby" Liberty bond. 1t has been
successfully tried out in England, and
II these thrift stamp campaigns are sue
cessful they will do away with future
issues Of Liberty bonds. 1t is within
the power OF everyone to buy these
thrift stamps, from the office boy up
to his employer. II only one stamp can
be purchased each week, in the course
Of sixteen weeks Il purchaser an
trade in the card on which he stamps
are pasted for war savings certificate
plus few cents for the difference in
III, interest which is compounded quar-
terly, II war saving cei ificate is
purchased in January L will cost in
addition to the sixteen thrift stamps
II cents. This is done so that when
the certificate falls due on Jan. |, 1923
the holder shall recei' al even IS.
which includes compound interest in
his savings The mount to be paid
in addition to the sixteen thrift stamps
ujpfreases | cent per month because
~mtre is less interest due when the Ger
tiGcate falls payable.
Saving Certificates.
The war saving certificates are treat
ed practically the same as the thrift
stamps. A pocket t-sized folder with
twenty spaces, is given the holder OF
war saving certificate, and in these
spaces each S. certificate is pasted. To
fill this card with the - stamps Will
cost 1920 in January, 1918 and on
Jan |. 1923, the government redeems the
card for 500, a net gain of $l76O for
the holder.
In speaking of the part that the thrift
stamp will play in this county and city, |
Mr.. Keeshen said: "The war saving
stamp will take about five million dol
lars out Of this county, but it will be
coming from people who before have
never known what is meant by saving |
Although this money is going out of the
county now and into a great cause
think what it will mean when in 1923 |
II comes back with interest compound
ed quarterly The deposits in the bank
will swell, to great extent because
people will BY that time have learned
the saving habit"