Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1917-11-14
WAR SAVINGS
CERTIFICATE
PLAN IS OUT
NEW ARRANGEMENT BY GOVERN
MENT is DESIGNED TO ENCOURAGE
SAVINGS RANGING FROM Is CENTS
UP-EASY AS BUYING A STAMP.

49, 50
WASHINGTON, ID. C.. Nov. H-Iuve,t-
ment m war savings certificates will be aS
simple n the purchase of postage stamps
under a plan announced last night hy Sec
rotary McAdoo for the nat on-wide Ger
~tificate sales campaign which he will IN
aueurate on Monday. December 3. with
the assistance OF the war savings commit
Tee. which he ha~ created. consisting OF
Frank y. Nanderlip Of New York. chair
man; Mr.. George Bass of Chicago: Fred
erie Delano Of Chicago: Henry Ford of.
Detroit: Eugene Never. Jr.. Of New York.
and Charles l.. Baine Of Boston.
ANY person max invest amounts a. small
n % cents 40 a time at posioffice>.
banks or trust companies. al most railroad
stations. stores and factories and 1T many
other public places where accredited per
sons will act A. authorized selling agents.
After the sales begin the certificates may
he purchased al any time. Al the average
1918 selling price such investment in Ger
tificate~ will yield | per cent interest COM
pounded quarterly. The certificates will
be dated january ,. 1918. and will mature
January !. 1923. or five wears after date.
The entire wealth and security 81 the.
United States j. behind them.
The tax exemption provision OF these
certificates. particularly from the stand
point of the purchaser If smaller amounts.
makes the investment attractive. No per
son may purchase NJ one time more than
800 worth oh rold 40 one time more
than $1,000 worth of these certificates.
Two Denominations Are Used.
There obligations Of the United States
will he evidenced ~ stamps 81 two de-
nominations war savings stamp cost
ing from SAP 10 S4.23. according 10 the
month IN which purchased and having n
maturity value of -. and Thrift stamp.
costing - cents.
To Mature January 1. 1928.
During December. 1917. aud January.
1918. War saving Stamps will hr sold
for >4.l2 each. a the beginning ~ each
of the succeeding months ~ 1915. STARTING
February 1. the cost of \ stamp win H.
crease one cent per month. An War Saw
ing~ Stamps issued during 1915 Viii ma
ture on January |. 1923. when thcy viii be
redeemed M - each.
The difference between the purchase
price paid II amy time during 1915 and
-. represents the interest the COVER lmeni
will pay the holder.
How the Plan Is Operated.
With the first War Saving Stamp bought
the purchaser viii obtain without expense
= War Saving Certificate containiue pace
for twenty such stamps. II the twenty
spaces are filled during December. 1917. ~.
January. 1918. the cost to the purchaser.
viii hay, have been SAP for each stamp.
or $40 for the filled certificate. md Ga
January /. 1923. the government viii re-
deem the certificate al Sl00. giving the
holder a net profit OF 81. go Tor the u,e oil
Ia, money.
Thrift Stamps costing % cent each are
from time to time a. purchased TO be- al
fixed to Thrift Cards. which Will hc sup
Piled without cost. Thrift Stamp VIII not
bear interest but "A Thrift Card when filled
al a cost Of - may BE- exchanged tor a
War Savings Stamp bearing interest ~ !
compounded quarterly merely by turning
the card in Ia the po>tofticc. bank or other
sales agency and paying the difference be-
tween ~ and the current price AZ 4 War
Savings Stamp. The Thrift Clamp iea-
mre 81 the plan will afford an unparal-
leled opportunity fer the small investor a.
save in order Ia place hi- or her money M
interest with ah~nlut, safety.
May Be Redeemed Any Time.