The Richmond Virginian. (Richmond, Va.) 1910-1920, 1917-12-02
VIRGINIA TO JOIN
N SAVING TO AID
U. 5. BEAT GERMANY
ihrift stamps and War Savings
Stamps to Be Placed on Sale
Everywhere People Congregate.
DRIVE STARTS TOMORROW
FOR $45 900, 900 QUOTA
Every individual Is Expected to Bear
His Share I'm Great Undertaking for
National Protection and Prosperity.

hef SISTER states IN another great drive
to help Uncle Sam raise funds to an.
slst the allies In conquering the Ger.
man emperor and his mighty host
and making the world free for democ-
rae.
Two billions OF dollars is the goal
fixed by the United States treasury de-
| partment, and Virginia will be ex-
pected to contribute to this vast sum
$4,000, 900. Every individual will be
, expected to bear his proportionats
share OF this enormous undertaking,
and to tsIs end the government,
through the national war savings com.
! nlittee. has arranged a simple and
what is expected to prove an effective
plan.
/ Upon the sale OF war savings stamps
the nation is pinning it's faith to deal
a blow which viii stagger the kaiser
At the same line 1t is hoped 10 ac-
complish no small task of educating
Americans in the fine art of saving.
Colonel Thomas p. McAdams. OF
Richmond. is director in charge of
| in this big task he has appointed Il
state executive committee, headed BIZ
the governor OF Virginia, and com
posed of prominent men and women
from many walks of life OF contral- !.
lie the work in each community, Dir
rector McAdams has appointed county
! and city directors. who will appninL
| their own executive committees. Upon
these local directors the state dfrecto.
will largely rely for insuring the sue
cess of the movement In the Old Do
minion. This great movement lis ex-
Ipected TO quickly resolve itself into n
| campaign for the education of the
American public in thrift and econ
omX.
To Be Beugh, Anywhere
Postoffces and Federal Reserve
/ banks have been supplied by the ma
| tional war savings committee with
| thrift stamps. thrift cards war savings
! stamps and war savings certificates.
These will be distributed to other
agencies, so that the public will bs
enabled to purchase the stamps in
practically every place where people
congregate. They may be bought at
postoffices. banks. trust companies, ex-s
press aSia railroad Offices. department.
stores, and other agencies which will
be designated by the secretary of the
| treasury.
While there is a wide difference be-
tween the thrift stamp and the war
savings stamp. they both aim at the
same end. War savings stamps cost
hs<.l2 each. plus / additional cent for
each month after January. Thrift
| stamps cost IS certs each. The value
I.of war savings stamp Is SIS upon ma
Aturfty, January 1. 1928 The value OF
kthe thrift stamps III what it costs the
purchaser. or 20 cents. War savings
stamps bear interest at the rate of 4
per cent, compounded quarterly
The thrift stamps are designated for
the convenience of the individual who
cannot put S4.i2 into a war savings
stamp at one time. with the purchaso
OF thrift stamp a thrift card 10 giyen
the buyer. This card contains ak
teen spaces, which are to he filled II
with additional thrift stamps. When
the card has been filled with stampn
1t will show value OF -. Then, with
II extra cents, it may be exchanged |
Tor war savings stamp. As soon al |
tho purchaser obtains the war savings
stamp he obtains . war savings cer-
tihcats. which has spaces for twenty
war savings stamps, which show 1
value Of 800 No one at any one
time may invest more than $1OO In
war savings stamps. and no indfyid-
ual is allowed by act OF congress /,
own more than $1,000 worth OF
stamps.
Observation-Disclosures etao eat shrd hb
Every Safeguard Provided.
Every safeguard to protect the pur-
chaser of war savings stamps from
loss has been, taken by the treasury
department. Each certificate i. en-.
cased in an envelope. bearing the name
and address of the owner. If lost ana
picked up. the finder may simply drop
II In the nearest letter box, without
POSTAGE, and. II will be returned by the
postoffice 10 the owner.
In the second place, each certificate
bears the signature Of the owner.
should the certificate fall in dishonest
hands Il would be necessary for the
finder to forge the name of the owner. 81
This act would Immediately put him
in the criminal class with every fa-
cility of the department of justice an s
wori- TO bring about his. arrest and
punishment.
And last, for those persons who fear
they may lose their certificates. the
treasury department. has made sar- q
engagements TO have them registered at &
postofhces. As soon as certificate is q
registered, the owner Is fully protected.
even though the certificate should be n
burned and totally destroyed.
War savings stamps may be cashed
before maturity at any postofffce BIZ
the owner giving Ten days notice. ami d
he Will also receive approximately
per Gent interest = for the length Of d
time he has owned the stamps This
however. IL done purely to meet All
emergency should the owner have neesl
for his cash. The government wants
the owner to hold the stamps until u
maturity.
BOY Scouts of Richmond ar prepare
ing TO not only take an active part In II
the war savings stamp campaign. but u
are expected to prove aggressive face
tors In carrying into the homes the
doctrine Of thrift.
Not only will the Scouts be serxfn9s
the nation. but the government. has n. !;
ranged for those who are surcesefU3
in inducing others to Invest IN Woe
savings stamps rectal recognftioa II a
the shaps Of honorary titles b