The Palatka news and advertiser., 1917-12-07
FEARNS|DE TO MAKE
VIGOROUS CAMPAIGN
For War Savings Certificates
in Putnam County
Appoints Aids.

Hon. F. j. Fearnside, head of the
Fearnside Clothing Company ane
/. president of the State Bank of Pa.
latka, has been appointed chairman
of the Putnam county War Savings
: Committee by Judge j. F. C. Griggs
chairman of the Florida State Com.
mittee.
Mr.. Fearnside's appointment came
: by Wire and he was asked to get an
, organization and begin an immediate
campaign for the sale of these GER
tificates.
Congress authorized the issuance
of these securities for war purposes
to the amount of S2,000,000,000, and
Putnam county's apportionment of
this sum is S340,SS0. The News ask
ed Mr.. Fearnside what he was going
to do.
"Do?" said he, "why we're going
to raise it."
These securities differ from the
Liberty Bonds. They pay per cent
interest compounded quarterly. They
are savings securities and are ar
ranged so that any man who has the
saving habit, or desires to acquire
| it, can do so whether he bee rich or
I poor. They are on sale at the post
office
Here is the idea,
| The securities are due and paya-
bic by the government in five years.
The securities are sold in the form
of Stamps. and when the purchaser
buys his first stamp he is given
folder with places for pasting 20
stamps. The stamp for January will
cost him $4.12; that for Febru
ary S4.13, and so on so that at the
end of the year his December stamp
costs him S4.23. At maturity each
one of these stamps is redeemed by
the government at S. each. If the
folder has all its stamp places filled
it will be worth S100 at maturity.
But there is another system, call
ed Thrift Stamp savings. The gov
ernmeut furnishes Thrift card with
places on it for pasting Thrift stamps,
the size of an ordinary postage
stamp. These stamps cost 25 cents;
with the purchase of the first stamp
a card is given with blanks for pas
ting the stamps. When 16 stamps
have been ACQUIRED. or S4 saved, by
the payment of II in January. l3
cents in February, and so on acquire
a certificate folder, on which win be
c, edited the larger stamp.
For the small saver these securi-
ties ere ideal and helpful, helpful to
the holder, and helpful to the govern
rent
Mr.. Fearnside is going to make a
vigorous campaign for these securi-
ties from now on, and in order to
help in the work he has APPOINTED
a county committee as follows: |
Palatka-W. P. Merriam. chairman, !
A. s. Willard. ]. C. McCrocklin, R.
F. Adams, H. S. Mckenzie, W. A.
Russell, S. j. Hilburn. Harry GRAY,
Fl. F. Lecks. H. P. Norwich. NJ. P.
2eioer. D. ]. Coughlin. J. V. Walton.
J. H. Yelverton. Jr., F. T. Merrill, J. l
A. Shelley. w. P. Dinneen.
Palatka Heights-Chas. Burt.
Fast Palatka-J. A. Helms.
San Mateo-S. w. Rowlev.
Federal Point-G. w. Atkinson. +
Oran"e Mills. NJ. Carter.
Welaka-L. J Mcleod. S
Lake Como-W. s. Prior. v
Pomona-B. P. Capshaw.
Satsuma-A. w. Loveland. S
Hollister-Jno. LIVINGSTON. T
Tnterlachen-C. F.. Currie. i,
Crescent Citv-C. 0. Chamberlin. V
Johnson and Fdgar-Chas. johnson. f
Nelrose-Dr. Frank NcRae.
Putnam Fo1l-P D. Watkins.
Crand'n-Q. 7. Roberts. y y
F'orahomn-W. R. Ravels. D
Ranrnrville-Tvan Pohannon u
Rostw;ck-J. w Clisson. II
Georgetown-Capt Hiscock. *