The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1917-12-20
War Savings Stamps What They Are.
How They May Be Purchased and All
Other Information Begin Saving Now

@. What do / do next?
A. You take the war savings stamp
given you in exchange for your thrift
card. ask for q war savings certificate,
Iif you haven't one already. and attach
the stamp to the certificate.
@. SHOULD continue to buy thrift
stamps?
A.. Yes. Ask for new thrift card
and begin again.
@. Do thrift stamps bear interest?
A. No.
@. Then why are they issued?
A. To make it convenient for you
to save in small amounts so that you
can purchase a war savings stamp
which does bear interest.
@. May / exchange thrift stamps
for war savings stamps at any time?
A. No; only on or before December
81, 1918.
Lending Your Money to the Govern.
ment.
/ W.
savings stamp?
A. The United States government
promises to pay IS for each stamp on
January l. 1923. This promise is back
ed by the faith and honor of the Unit
ed States and by the taxing power OF
this country which is the richest ma
ton in the world.
c., Why does the United States bor-
row this money?
A. To pay the expenses of the war
@. When / lend my money to the
government, would 1t be safer to buy
a government bond rather than these
war savings stamps?
| A. When a war savings stamp is
attached to a war savings certificate II
becomes a government obligation with
the same security as the Liberty bonds
now held by more than 100000 Am
orleans.
@, Is the per cent interest, com
pounded quarterly, on war savings
certificates paid in. the same way as
the interest on Liberty bonds?
A. No. The Liberty bond interest
Is paid every six months, but the in
terest on the war savings certificates
accumulates and is paid to you in one
sum, on January /, 1928.
Q. Why isn't the interest paid in
the same manner on both war saw
los nd hnn los
A. 1t would be very complicated
and expensive to pay interest every
six months on S. stamps and for that
reason the United States government
retains the interest until January l.
1923, at which time it pays you the
compound interest and the prircipal
amounting to IS, the face value If the
war savings stamp.
Q. Shall | sell Liberty bonds to buy
war savings stamps?
A. No. The security behind Lib
erty bonds and war savings ceriii-
Gates Is the same. Keep your Liber-
! ty bonds, but buy war savings stamps
also,
\ Q. Is the money received from wal
savings stamps and thrift stamps used
for the same purpose as the money
received from Liberty bonds?
A. Yes.
@. Should l take money out OF The
savings bank to buy war savings
stamps?
A. No. You should save sas much
as you can every day and buy THRIFT
stamps and war savings stamps with
these savings.
@. How did congress authorize
these war savings CERTIFICATES?
A, BY act approved September "a,
1917.
Q, How large an amount of war
savings certificates can be issued I'M
der the present law?
A. 50, 900, 100000.
Transfer.
| Q. Can l sell or transfer my war
savings certificate to anyone?
| A. No. The certificate is not
transferable and is of value to the
owner only except in case of death or
disability
@, Should sell my thrift card to
anyone?
A. No. Your thrift card has your
name on 1t and should be filed with
16 25-cent thrift stamps and exchang-
ed at a postoffice bank or other au-
thorized agency for war savings
stamp.
Registration.
Q, Should | register war savings
certificate.
A. Yes, If you wish to secure pay
ment in case the certificate is lost.
@, Am | required to register it?
A. No
Q. Where can l register II?
A. At any postoffice of the first.
second or third class, subject to such
regulations as the postmaster general
may prescribe.
@. When can l register?
A. AT the time of purchase or any
later time.
O. Is there any charge for regis
tration?
A. No.
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