The Lancaster news. [volume] (Lancaster, S.C.) 1905-current, 1917-12-04
State Director Rhett Outlines
Plan of Campaign in South
Carolina.
ALLOTMENT is S3O,OOO.O
You Start With a Quarter and
Governments Note for $500
Costs You Only S4.12 If
Bought Now.

Rhett, Of Charleston, State director
OF the war savings campaign begun
yesterday and to continue through
the year 1918, issued q statement
outlining the meaning of the pro-
posed thrift plan and the method by
which war savings certificates can
be secured. The certificate, he says,
is nothing more than a folder on
which war saving stamps. secured
by the purchaser in his name. are to
be pasted. The government is obli-
gated to pay $5 for each of these
stamps on January /, 1928, he
claimed. These stamps may be pur-
chased in December and January for
S4.12, and during any other month
in 1918 for one cent additional for
each month elapsed These stamps
yield the purchaser per cent in
terest, compounded quarterly.
eff at any time the holder of Ger
tificate, upon which there is one or
more stamps, desires to redeem such
certificate he can do so at any post
office. receiving therefor the amount
he paid for such stamp and one cent
additional for each month durine
which he has held it," says Mr.
Rhett in his statement
1t is proposed to raise two billion
dollars for the government by these
war saving certificates before the
nf hn n,
Cardinals allotment. which will be
under the active management of
James O'Hear, of Charleston. will be
the formation OF savings clubs
among the school children of the
State. The following is Mr.. Rhetts
statement:
Director Rhett's Statement.
THE campaign for war savings is
expected to place amongst the people
of the United States two billions of
dollars. 1t is in charge OF nation
is Mr.. F.. A. Vanderlip, formerly
president OF the National City Bank
of New York. There are six federal
districts, each under the direction
OF a district director The director
for this section of the country is
Mr.. Otto Marx, of Birmingham, who
OF course, is operating his Office in
Washington. Under the district di-
rector there are State directors. who
are placed in charge OF the campaign
in the States and expected to effect
organizations for placing amongst
the people of the State an average OF
$40 per capita.
Mr.. r. G.. Rhett, OF Charleston
Is the State director for South Caro-
lima. The State director is expect
ed to appoint a county chairman for
every county in this State, under
whose direction the county is to be
organized.
issued to the purchaser of war
savings stamp, in his name. 1t. OF
course, costs nothing. but is the fol-
der in which the war savings stamps
are affixed. 1t has places for twenty
OF these war savings stamps to be
pasted upon 1t. The war savings
stamp is an obligation of the govern
ment to pay IS on January /, 1929.
and may be purchased during the
months of December and January
for s4.12. and during any month
thereafter in the year 1918 at one
cent additional for each month
elapsed. 1t yields the purchaser
per cent compounded quarterly II
at any time the holder OF a certfi-
cate, upon which there is one or
more stamps. desires to redeem
such certificate he can do so at any
postoffice, receiving therefor the
amount he paid for such stamp and
one cent additional for each month
during which he has held 1t.
"As an aid to the sale of these war
savings. stamps. thrift stamps. cost
ing twenty-five cents each, are is
sued, together with a thrift card,