Catoctin clarion., 1917-11-29
Thrift Stamp Drive.
Uncle Sam Plans Gigantic Cam
paign to Raise $2,OOO,OOO,OOO.

Uncle Sam Plans Gigantic Cam
paign to Raise $2,OOO,OOO,OOO
Washington, Nov. 21.-Mr., Mrs, Mis-
or Master American Citizen, have yo'
Is cents?
If SO, Uncle Sam wants you to lend i
to him to help whip the Huns.
That is the meaning of one of the mos
gigantic financial plans in the world
which will be launched on December 8
and extend over year.
The Government has raised huge guam
titles of money in. two Liberty Loans,
which appealed to every citizen who hae
$50 or $lOO or more to spare.
The campaign to sell war savings GER
tificates is designed to raise $4,000, 900, OO(
frem people who did not feel they could
afford $50 at time, and yet are anxious
| to prove their Americanism.
The method is simple. On and after
December 8, at any postoffice, bank or
trust company, and at many railroad
offices, stores and factories, thrift stamps
and war savings stamps will be on sale.
Here is how it works out, Little Mary
Jones, miliner, wants to help her Gov
ernment win the war. When she draws
her weeks wages she feels she can spare
rs cents. She goes to the postoffice and
buys thrift stamp. At the same time
they give her thrift card, which has
spaces for 16 thrift stamps.
She pastes her thrift stamp on the
thrift card, and writes her name and ad-
dress in ink. Then, if she loses it, the
finder can drop it in any letter box and
the Postoffice Department will return it
to her. AS soon as Mary has bought l6
thrift stamps, at 25 cents each, her thrift
card is filled.
War savings stamps sell at different
prices. During December. 1917, and
January, 1918, they will sell at 81. IL
each; in February, 1918, at Sab; in
March at $4.l4, and SO on, increasing
regularly one cent each month. Now, II
Mary Jones completes her thrift card in
March, 1914, she trades it in to the Gov
ernment, giving with it "a cents, and
then becomes the owner of war saw
ngs stamp. She gets with this war
savings certificate, which has spaces for
20 war savings stamps. If she buys just
one stamp, at the end of five years
January, l923-instead of getting back
her original $4.14, she gets back from
Uncle Sam SIS.
In other words, her money has paid
her a per cent. at compound interest.
The moment Mary pastes her war saw
ings stamp on the war savings certificate
she has something that is safe from
thieves and fire. She can take it to any
postoffice and have registered in her
name free of charge. No one else can
then cash in on it, and if it is destroyed,
upon proof, she gets new one.
Each person must register his own
certificate. Married women must regis
ter in their own names; thus not Mrs.
John Jones, but Mrs. Mary Jones.
When war savings certificate is reg
istered it is payable only to the owner,
and at the postoffice where it was regis
tered.
If Mary Jones becomes hard up next
year and needs money, she can surrender
her war savings certificate and get her
money back, plus 3 per cent. interest.
However, the Government hopes every
buyer will hold the certificates until
they mature in 1923.
The price at which war savings stamps
were to be sold was determined for each
month by taking the number of dollars
and cents which at a per cent. interest,
compounded quarterly, will on January l.,
1923, equal S..
The rs cent thrift stamps are green
and little larger than postage stamp.
The war savings stamps, also green, are
about four times the size of postage
stamp. On each side is engraved list
of themonths during which they will be
sold and the price during those months.
AS often as Mary Jones buys war
savings stamp she pastes this on her war
savings certificate until she has 20. This
fills the certificate and she can then start
on another. Purchases are limited to
$l00 maximum at one time, and to 81, 900
to any one person. If person bought
20 war savings stamps next December or
January he would pay $82 40 and get
back 500 on January !, 1923, making
$l7.60 interest.