Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-12-02
SAVING STAMPS co
ON SALE TOMORROW
Virginia Is Asked to Buy S4S,-
100000 of New $2,0OO,-
100000 Issue.
PLAN AGGRESSIVE CAMPAIGN
State Chairman McAdams and
Executive Committee Are
Hard at Work.
PLAN AGGRESSIVE CAMPAIGN

With tho goal Of s45,ooo.0oo set for
the State. Virginia Will tomorrow en-
ter upon one of its most aggressive
campaigns yet staged in all OF it's war
service activities in getting squarely
behind President Wilson and the ma
! tion in the world war which is being
rwaged to free the earth of autocratic
Prussianism. In this vast undertake ing
there Will not be an individual who
cannot do his or her part. and the gov
ernment expects each to respond to
the country's call.
l. The campaign is designed to raise
$1,000, 100000 in the United States by
tho sale OF war savings stamps, and
at the same time to inculcate the habit
OF thrift in all men, women and chill
dren. both white and colored. Every
| Individual must realize that the help
OF all is necessary to bring success,
and 1t will be from their earnings Of
1918 that the money the government
needs must come.
Colonel Thomas B. McAdams, of
| Richmond, named By Secretary Of the
Treasury William G. NcAdoo as direc-
tor for Virginia. has about completed
his program to be carried out In the
State. He has surrounded himself with
State executive committee, headed
by the Governor of Virginia and com
posed OF prominent men and women
from all walks OF life. In addition, he
has appointed directors for each city
and county, who. in turn, will name
their own executive committees to
carry on all local work. II will be
upon these county directors that the
State director will depend to see that
no VirEinian falls to heed his coun-
trys call through lack OF information
or opportunity.
POsT-oFFICES AND RESERVE
BANKS SUPPLIED WITH STAMPS
Post Offices and Federal reserve
banks have been supplied by the ma
tion 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 be
enabled to purchase the stamps in
prac ttea u yAexerys place where people
Lpost-ofiices, banks, trust companies.
express and railroad offices. department
stores and other agencies which will
be designated by the Secretary of the
Treasury.
tween the thrift stamp and the war
savings stamp. they both aim at the
same end. War savings stamps cost
s4.12 each. plus one additional cent for
| each month after January. Thrift
stamps cost % cents each. The value
! Of war savings stamp is So. upon
maturity. January !. 1923. The value
of the thrift stamps is what it costs
the purchaser. or % cents. War saw
ings stamps bear interest at the rate
Of per cent, compounded quarterly.
The thrift stamps are designed for
| the convenience OF the individual who
cannot put SAFE into n war savings
stamp a one time. With the purchase
of a thrift stamp q thrift card is given
the buyer. This card contains sixteen
spaces. which are to be filled in with
| additional thrift stamps. Whom the
card has been tilled with stamps, IL
| will show value OF 81. Then, with
the IL cents extra. it may be exchanged
for a war savings stamp. AS soon as
the purchaser obtains the war savings
stamp he obtains a war savings GER
| tiiicate, which has spaces for twenty
war savings stamps. which show n
value OF 500. No one at any one time
may invest more than 800 in war saw
ings stamps, and no individual is al
lowed by act of Congress TO own more
than 81 600 worth of stamps.
EVERY SAFEGUARD
TO PROTECT PURCHASERS
Every safeguard to protect the lr-
chaser Of war savings stamp from loss
has been taken by the Treasury De-
partment. Each certificate is incased
in an envelope. bearing the name and
address OF the owner. Ie lost and
picked up. the finder may simply drop
il in the nearest lettc: box, without
postage. and ii will be returned by the
post office to the owner.
In tho second place. each certificate
bears the signature OF the owner.
Should the certificate fall in dishoncs,
hands it would be necessary for the
finder to forge the name Of the owner.
This act would Immediately put him
in tho criminal class, with cvcry
facility OF the Department OF Justice
at work 10 bring about his arrest and
punishment.
And last, for those persons who fear
they may lose their certificates, the
Treasury Department has made ar
rang gcmcnts to have then registered Mt
post offices. AS soon as a certificate
is registered, the owner Is fully pro.
tcctcd. even though the certificate
should bc burned and totally destroyed
War savings stamps may be cashed
before maturity at any post office by
the owner giving ten days notice, and
he will also receive approx imately
per cent interest for tho length of
time he has owned the stamps. This,
however, is done purely to meet an
emergency should the owner find press
ing need for his money. The govern
mcnt wants the owner to hold his
stamps until maturity. flvo years hence.
BoY SCOUTS WILL
TAKE ACTIVE PART
Boy Scouts of Richmond are prepar-
ing 10 not only take an active part
in tho war savings stamp campaign,
but are expected TO prove aggressive
factors in carrying into the homes tho
doctrine Of thrift.
Scout Executive Weaver, who Is a