The Prince George's enquirer and southern Maryland advertiser. (Upper Marlborough, Md.) 1882-1925, 1917-11-16
War-Ssving Certificates.

Will Dc rs simple rs tue purchase OF
postage stamps..under plan announced
on Tuesday BY Secretary McAdoo for
the nation wide certificate sales cam
paign which he will inaugurate on Mon
day, December 3. with the assistance
Of the War-Ssvings Committee.
Any person may invest amounts as
small rs Is cents at q time at post
offices, banks or trust companies, ut
most railroad stations. stores and fac
tories. and at many other public places
where accredited persons will act as
authorized selling agents. At the
average 1918 selling price such invest
ments in certificates will yield per
cent. interest compounded quarterly.
The certificates will be dated January
], 1918, and will maturel January l.
1923, five years years after date. The
entire wealth and security of the
United States is behind them.
The tax exemption provisions of
these certificates, particularly from the
standpoint of the purchaser of small
amounts, makes the investment attrac-
tive. No person may purchase at one
time more than sl00 worth or hold at
one time more than 81, 900 worth of
these certificates.
These obligations of the United
States will be evidenced by stamps of
two denominations "a war-saving
stamp, costing from s4.12 to 1923, ac-
cording to the month in which purchas
ed, and having maturity value of S.,
and thrift stamp cost Is cents.
During December, 1917, and January
1918, war-savings stamps will be sold
for s4.12 each. At the beginning of
each of the succeeding months of 1918,
starting February l, the cost of
stamp will increase l cent a month.
All war saving stamps issued during
1918 will mature on January l, 1923,
when they will be redeemed at s. each.
The difference between the purchase
price paid at any time during 1918 and
SIS represents the interest the Govern
ment will pay the holder.
With the first war-saving stamp
bought the purchaser will obtain with
out expense q war-savings certificate
containing spaces for 6U such stamps.
If the twenty spaces are filled during
December 1917. or January, 1918, the
cost to the purchaser will have been
81. IL for each stamp, or $3.50 for the
filled certificate, and on January l, 1923
the Government will redeem the certi-
cate at 500, giving the holder a net
profit of $1768 for the use of his
money.
Thrift stamps costing rs cents each
are from time to time, as purchased, to
be affixed to thrift cards, which will be
supplied without cost. Thrift stamps
will not bear interest, but thrift card,
when filled, at cost of 81, may be ex-
changed for war-savings stamp bear
interest at per cent. compounded
quarterly merely by turning the card
into the postoffice. bank or other sales
agency and paying the difference be-
tween 81 and the current price of
war-saving stamp.
The privilege of surrendering certi-
cate to the Government and receiving
the cost thereof plus interest at the
rate of about 8 per cent has been pro-
vided for the convenience of those who
may have bought certificates and later
on find themselves in need of their
money. 1t 10 hoped, however, that this
privilege will be exercised only in cases
of necessity. Upon 10 days written
notice after January next postmast-
ers will pay off certificates at their cost
to purchasers, plus an increase of l
cent month on each war-saving stamp
on the certificate surrendered, as shown
by table of value appearing on the
certificate. Under this plan it will be
absolutely impossible for certificate
or the stamps thereon them to depreci-
in value, nor can there ever be any
question that it is worth the price
shown thereon.
Money derived from war savings in
vestments will be used to meet the ex-
penses of the war. The greater part
of these funds will be expended within
the borders of the United States.