The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1917-12-13

will raise before the end OF 1913 tW
billion dollars in small savings from
: all the people, including children, TO
!. the war to establish democracy thru
4 out the world, is now in complete op
g Grafton in this state.
Anyone who can save $4.23, twenty
five cents at time, before December
, 31st, 1918, can have real part in the
I winning of the great war. Anyone
may save as high as $1,000, and the
sooner you make each saving and the
larger you make it, the more you earn
as the government itself will pay four
per cent interest compounded quarter
Ily, on each War Savings stamp from
the time of its purchase.
The plan includes Thrift Stamps,
War Savings Stamps and War Saw
ings Certificates. These may be OBJ
tanned at any post Office and at other
agencies appointed by the War Saw
lings committee for this state, of which
Daniel Kelleher, chairman of the
Board of Directors of the Seattle Ma
tional Bank, is the head.
A Thrift Stamp costs 25 cents, and
may be used to purchase War Saw
Iings Stamp. The latter costs l$4.12
this month or next and cent more
each month thereafter, until the sum
becomes $4.23 in December, 1918. The
War Savings Stamp is to be attached
to War Savings Certificate, supplied
you by the government free of charge
and containing spaces for twenty of
the stamps. On January LIST, 1923,
the government will pay to the holder
of filled War Savings Certificate,
500, or SIS for each stamp in it. A
War Savings Certificate filled before
February next will cost sS2.4O. Re-
deemed on January LIST, 1923, it will
pay 500, profit to the patriotic saw
er of $17.6O.
County Committee chairmen have |
been appointed for each county in the
state. Guy H. Pearl, cashier of the
Citizens State Bank, Prosser is chair
man for this county. The government
has set the amount, according to pop
ulation and wealth, that each state
should raise. This is $31, 600, 900 for
the state Of Washington. A pro rata
share of this sum has been assigned
to each county in the state, the sum
for Benton County being $15S,74O.
War Savings Stamps are the ans
wer of great democracy to the de-
mand for government security that
is democratic in form. They are baby
bonds. Like the Liberty bonds which
have been purchased by ten million
Americans, they have behind them
the entire resources of the govern
ment aid the people Of the United
States. They are the direct promise /.
IF the United States government to ,
return your savings to you with four
per cent interest compounded quar-
,erly, and an investment surprising
n the factors of safety and income /:
my that could have been obtained by
he shrewdest capitalists a few months ..
lgo.
Liberty Bonds and War Savings
Stamps will be used for the same pur-
'ose, to furnish food and the means of
lighting to the men who are facing the I
iendish devices of the Germans. The
etter our men are supplied the SOON
r they will win and the fewer of them :
viii die. :
Liberty Bonds and War Savings {
'tamps pay the same rate Of interest.
tut while interest is drawn semi-an-
ually on Liberty Bonds, it accumu-
ates and compounds until January 1, :
923, on War Savings Stamps. The
overnment has arranged the War
awnings stamp plan in this war in or
err to avoid bookkeeping cost that
'ould have been prohibitive to the
sue of securities in such small
mount as SIS.
The government does not wish
avings withdrawn from banks, and
Y the War Savings Stamp plan has
lade it possible for each one to be
war lender to his country out of his
lrrent income.
War Savings Stamps increase in
alue each month from the time they
Re bought until the day they mature,
4 January 1, 1923. At any time by
wing ten days. notice in writing,
ley will be cashed at any money-or-
n post Office in the United States.
hus no one who is suddenly confront
with any situation requiring the
IMMEDIATE use of his savings will be
,quired to do without them.
For the convenience of investors a