The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1917-11-14
BUY BONES LIKE STAMPS
New Revenue Raising Plan of Treas
ury Department.


Washington, Nov. 13-lnvestments
yin government securities in amounts
as low as twenty-five cents at time
under plan of buying as simple as
that OF postage stamps, was announc-
ed tonight by Secretary McAdoo. Tor
the nation wide war savings certif,
Gates campaign which will start De-
cember 8, under the direction of a
committee, headed by Frank A. Van
derlip of New York city. Nl1
Any person may invest amounts as
small as twenty-five cents at a time
in postoffices, banks or trust compan-
les, in most railroad stations, stores
and factories and at many other pub
lie places where accredited persons
will act as authorized selling agents.
After the sale begins the certificates
may be bought any time. At the
average 1918 selling 2rice such invest
ments in certificates will yield -four
per cent interest compounder quarter
ly The certificates will be dated
January 2, 1918, and will mature
January l, 1928, or five years after
date. The entire wealth and security
Of the United States is behind them,
The tax exemption provisions of
these certificates, particularly from
the standpoint of the buyer of small
er amounts, makes the investment at
! tractive, No person may buy at one
time more than 800 worth or hold at
one time more than $1,000 in certiii-
Gates.
These obligations of the United
States will be evidenced by stamps of
two denominations--a war savings
stamp costing from $4.12 to s4.23, ac-
cording to the month in which sold
and having a maturity value of FIVE
dollars, and thrift stamp costing
twenty-five cents.
During December. 1917. and Janu.
airy, 1918. war savings stamps will be
sold for $4.12 each. At the begin
ming of each of the succeeding
months of 1918, starting February l.,
the cost of stamp will increase one
cent a month. All war saving stamps
issued during 1918 will mature on
January /, 1928, when they will be re-
deemed at five dollars each
Inc ullleTcuCe DtIWeGll inc Uul ing
price paid at any time during 1918,
and five dollars, represents the in
terests the government will pay the
| holders
| With the first war savings stamp
bought the buyer will obtain without
expense a war-savings certificate
containing spaces for twenty such
stamps. If the twenty spaces are
filled during December, 1917, or
January, 1918, the cost to the buyer
will have been SAP for each stamp
or $S2.40 for the filled certificate at
500 giving the holder net profit OF
$17.60 for the use of his money.
Thrift stamps costing twenty-five
cents each are from time to time as
bought to be affixed to thrift cards
which will be supplied without cosi
Thrift stamps will not bear interes.
butbut thrift card when filled at o
cost of $500 may be exchanged fol
war-savings stamp bearing interest
at four per cent compounded quarter
ly merely by turning the card into
the postofice, bank or other sales
agency and paying the difference be
tween four dollars and the current
price of war savings stamp The
thrift stamp feature of the plan viii
afford an opportunity for the small
investor to save in order to place hi!
or her money at interest with abso
lutte safety.