Hopkinsville Kentuckian. [volume] (Hopkinsville, Ky.) 1889-1918, 1917-12-08
WAR SAVINGS STAMPS.

! WAR SAVINGS STAMPS.
The act Of Congress authorizing the
Second Liberty Loan also gave au-
thority to the Secretary Of the Treas
cry to issue $1,000, 900, 900 Of War
Savings Certificates.
These certificates will be dated jan
uary 2, 1918, and the series Of 1918
will mature January l, 1928 Certif.
icate stamps evidencing payments for
War-Savings Certificates willlbe sold
at $4.12 each in December, 1917, and
January, 1918, and at l cent more
each succeeding month Of the year
1918. When affixed to WarSavings
Certificates these stamps will be re-
deemed by the Government at matu-
rity for IS each, which is equal to a
cent interest compounded quarterly
on the average price at which the
1918 series will be sold.
No person may hold at any one
time more than $1,000 of these GER
tifcates maturity valuel Warsaw
ings Certificate Stamps must be at
tached to a certificate which is de-
signed to hold twenty stamps. The
certificate must have the name OF the
owner written thereon (but not nee
essarily the owners signature), and
is not transferable. 1t can be cashed
at any time before maturity by the
holder at any money-order post office.
The post Office will require ten days
written notice before payment. nthe
event certificate is cashed before
maturity, the holder will be paid the |
cost of each stamp thereon plus one
cent for each stamp for each calendar
month, after January, 1918, amount
ing approximately to 8 per cent SIM
pie interest.
The Secretary of the Treasury will
also issue twenty-five cent United
States Thrifty Stamps. The object
Thrift Stamps is to permit a
person to accumulate IN Small amounts
a sum sufficient to acquires War-Sav-
ings Certificate Stamp. United States
Thrift Stamps are convertible only
during 1918 into War-Savings Certifi-
cate Stamps and do not bear interest.
AS part OF the organization of the
Treasury Department in the issuance
of these certificates and stamps, the
Secretary of the Treasury has aD-
pointed six Federal Directors, each
of whom will have general super
vision of the work within the terri
tory generally corresponding to two
Federal Reserve Districts, and State |
Director in charge of the work in
each State. A list of the Federal and
State Directors is inclosed herewith.
II is hoped that through cooperation
of the banks with the Federal and |
State Directors and local organizations
the work of the National War Savings !
Committee may be brought very close
to all the people of the country.
AS chairman of the National War
Savings Committee, appointed by the |
Secretary of Treasury, have asked |
the American Bankers Association,
through its President, Mr.. Charles A.
Hinsch, to aid in securing the coop
Grafton and active assistance of every |
banker in the Nation.
There is real need for the fullest |
cooperation of the banks with the
Treasury, and it is desired that every
incorporated bank and trust company
in the United States become an au-
thorized agent of the Secretary Of the
Treasury for the sale of these War
Savings Certificate Stamps and United
States Thrift Stamps. The Govern
ment asks that you cooperate with
Mr.. Hinsch and present solid front
of patriotism so that we may know
that every bank in this country has
volunteered its services to the Nation
for this purpose.
Mr.. Hinsch will call you to action
and hope you will promptly respond.