The Washington herald., 1917-11-29
ANNOUNCE Plan
OF WAR-SAVINGS
STAMP SELLING
Every American Can Help
Government Beginning =
Monday, December 3.

The war-savings plan provided for
in the last bond act, of September "A.
1917, has been formulated and an
nounced by the Treasury Department
and goes into operation on Monday,
December ;.
The plan puts 1t easily in reach of
every American citizen to save money
and at the same time aid the gov
ernment by supplying it with the
sinews Of war.
Stamps, which are the governments
certificates of Indebtedness, are to be
sold in two denominations-thrift
stamps, which cost 25 cents each, and
war-savings stamps, which cost from
S412 to $4.23 each. according to the
month in which they are purchased.
Card Given Each Purchaser.
With the first thrift stamp the
purchaser is given a thrift card
with spaces for sixteen stamps.
When sixteen thrift stamps have
been purchased and affixed the
thrift card can be exchanged for a
war savings stamp by paying the
difference between the 4 the thrift
stamps represent and the current
value of war-savings stamp,
which in December. 1917. and jan
uary. 1918, will be $4.12, and there
after l cent for each succeeding
month during the year 1918.
With the first war-savings stamp
obtained by purchase or exchange
the owner is given a war-savings
certificate containing spaces for
twenty war-savings stamps. If the
twenty spaces are filed during De-
cember, 1917. or January. 1918, the
cost to the purchaser will be $4.12
for each stamp. or $S2.40 for the
full certificate, and on the first day
of January. 1923, the government
will redeem the certificate at 800.
giving the holder a net profit of
$3.50 for the use of his money.
May BE Redeemed mt Any Time.
Although these investments do not
mature until January /, 1923, pro-
vision Is made whereby upon ten
days written notice after January 1.
1915; sum certificates will be re-
deemed by postmaSters at their cost
to the purchasers plus l cent a
month ~ each war-savings st-mp on
the certificate
Under the plan an amount as small
as p cents can be invested in a gov
sTninent security. and as soon as 81
has been thus invested an interest
bearing certificate of the United
States government. can be secured
On Sale at Many Places.
The stamps and certificates can be
obtained from postOffices, banks, or
trust companies, at most railroad sta
tions. stores. factories, and many
other public places.
I-nstinted support to the campaign
for the marketing of war savings Ger
tificates. both in cash donations for
advertising purposes and in the use
of their facilities. was pledged by
Washington bankers at a meeting
Tuesday night in the hall at 1214 F
street.
The meeting was called by Corcoran
Thorn. president. especially for con-
sideratiOn of the war savings cam
paign. and ID. ]. Callahan, director of
the war savings committee for the
District, explained the details of the
campaign and appealed to the bank
ers for their cooperation and sup
port
The total amount OF certificates to
he marketed is s., 100000. of this
amount Washington's allotment is
7.36I. 900. There are twelve months
during which this money can be
raised. but Mr.. Callahan said that
with the cooperation of the banks
and other business men of Washing
ton he expects to exceed this amount
during the first six months. 1t is
planned to have the certificates on
sale December 3.