Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1917-12-05
NEW WAR LOANS.
Opportunity for Investment
People Of Small Incomes.

| feOple Oh small incomes.
Monday the new plans OF the govern
ment to float war loans, vent into effect
Under this plan, opportunity il offered to
people OF small means to invest in govern
ment securities at good rate OF interest.
Payments may b made in sums a small
a. Is cents.
Secretary OF the Treasury McAdoo and
Frank A. vandsriip recently outlined
the plans In detail, In an interesting way.
The cffief aim was to devise Q system by
which persons having the smallest i'm
comes might aid the government. Mr..
McAdoo said Of the two plans:
"These government obligations take two
forms: One IL . certificate bearing twenty
spaces, to each one Of which may be aHnxed
. government stamp costing about eAi2
each These stamps will increase in value
at the rate Of per cent interest per annum
compounded, 20 Ut their maturity, ct the,
end Of ave years, they will be worth es each.
Twenty Of these stAmps pasted upon . war
savings certificate will represent . cost Of
approximately ts2.Ao At the end Of eve
yeau the government will redeem them
and pay in cash the sum Of slao.
"The second form 10 United States thrift
cards, and these are based upon the same
principle ~ the war-savings certificates,
except that amounts - small as twenty-five
cents may be invested In stamps and pasted
In the thrift cards. When the requisite
amount OF twenty -dve-cent stamps has been
bought, they may be converted into ave.
dollar war-savings certificate
These two simple methods put within
reach OF every class OF the American people,
however ANAL their means, the opportunity
Of saving their money, however small the
amounts. and lending 1t TO their own gov
ernment at 1 per cent. per annum, interest
compounded. with the right ON their part to
have their certificates cashed BY the govern
ment at any time at . sum In excess Of the
actual cost Of the stamps they have bought
cannot emphasize too strongly the wonder
full opportunity now offered to all Americans
70 help the nation through this war-savings
plan. II you could have accompanied me ON
the two speaking tours have recently made
in behalf Of the drst and second liberty
loans, II you could have talked with the
persons with whom have talked, and il you
could have read the hundreds Of letters
offered. you would be impressed with the
OVcEWuetmAuB tm POkt8uCc u tuln aCWEbbs P8-
triotic governmental saving plan"
MIR. vanderlip, the head OF the War
Savings committee, has worked ont these
plans to nicely. He says:
| "Entireiy aside from the patriotic element,
| the investment feature Of the new war-sav-
ings plan appeals strongly to me. How any
| one, even though he were not desirous Of aid
ing his country-H we might conceive Of such
person 1t this tims-could refuse TO embrace
this unusual opportunity for investments 10
| beyond my comprehension. The hrst consid-
Grafton In all Investments, Of course, 10 their
safety. Could anything be safer than some
thing with the entire wealth Of the United
| States behind III The second confederation
10 the rerturn on the investment. IL not en-
90 for the loan Of es7.lo for i've years sttrac-
tive enough for any onef Finally, one always
must consider his ability to convert an In
vestment into cash ON short notice. what
more liberal arrangement than the one
offered BY this plan-return upon ten days
notice Of the investment, plus interest
could be askedf
st does not require . banker ora shrewd
hnancier 70 recognise the advantages Of this
war-savings plan. Any man, woman or
child who has had the slightest buying ex-
perieuce. even II IL II no more than trading
1t the corner grocery, can zee them ~ readily
| ~ the keenest business man. There IL not
the slightest doubt that this campaign for
war-savinss viii b an. Overwhelming sue
CESS"
All postohices, trust companies. banks, and
many railroad stations, stores and factories
viii have the certificates for sale. No person,
however, can purchase more than eloe worth
st one time, nor hold more thau el.eoe worth.
The hope has been expressed that By this
system . sum Of es,eoe. eosaee will be raised
within year.