The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1918-01-24

War Saving Stamps and Thrift
Stamps are the easiest thing to buy in
the city of Sank Centre.
At largely attended meeting of
the local business and professional
men held at the Commercial Club
rooms Monday evening A. F. Strebel,
federal chairman of the thrift stamp
sale for Northwestern Stearns county
explained to those present that
the government hope to have. these
stamps on sale in at last one million
places in the United States by the
end of January. He explained that it
raise two billion dollars in this man
ner this year from new savings of the
was the purpose of the government to
small investor.
No other country in the world could
have withstood the extravaganza of
the American people, young and old,
since this giant among the nations of
the world sprung into existence.
Many things that were considered
luxuries few years ago are now
looked upon, as necessities. In devils
ing the war stamp scheme the gov
eminent had not only the raising of
needed revenue in mind but also to
inculcate the idea of thrift and saw
ing strongly in the minds of the peo-
pie, especially those of the younger
generation.
England has worked out the war
savings thrift stamps with splendid
results. The pessimist will claim that
the war will ruin the nation, but in
spite of her immense expenditures for
war purposes Great Britain is said to
be, in a more prosperous financial
condition than ever before. The peo-
pie over there have become fully con-
WINGED of the necessity of saving.
The campaign for the sale Of the
thrift and war saving stamps will
continue during the entire year of
1918. Minnesota is expected to raise
at least $36,OOO,OOO in this manner.
Just what is expected of this section
is not known, but Mr.. Rogers of the
Ninth Federal Reserve bank, chair
man of both the thrift and liberty
loan sales, admonished thes country
chairmen to return to their homes
and sell the goods. He expected
every community to make good.
When one takes into consideration
that two billion dollars means about
500 per head for every man, woman
and child in the United States it is
quite apparent that all must get be-
hind the movement. In placing the
war savings and thrift stamps upon
the market the government is offering
an investment that is absolutely the
best in the world. These stamps, UNI
like liberty bond, have a fixed value
at all times. They expire in 1923 and
at maturity the government will re-
deem them paying A per cent interest,
compounded quarterly.
George Fish>is in charge of the To-
cation of the branches where the
stamps will be on sale. Up to We'd
nesday afternoon so of the Sank Cen
tire business and professional men and
citizens had signifed their willing
ness to handle the stamps. MR. Fish
will check up the sales made by each
concern from time to time. He will
furnish supplies and instructions to
others desiring to handle the stamps.
Not only stores and business men
generally should handle the stamps,
but every school, public or parochial,
are expected to sell stamps to their
pupils explaining frequently what
they stand for and their value as an
investment.
Under the regulations no one person
can hold more than $1,000 of these
stamps, nor can an individual pur-
chase more than 500 at any one time.
This provision is made to keep large
capitalists from gobbling up the issue
because of the excellence of the invest
ment.
So far as reported to the Herals
Mrs. James McCracken is the largest
individual purchaser of the war
stamps in Sank Centre to date. We'd
nesday afternoon she purchased
through Mr.. Fish 500 worth of
stamps for herself and each of her
three children.
The following is a list Of the places
where the stamps we're on sale up to
and including Wednesday afternoon.
As additions are made to the list they
will be announced in the Herald: 81
Postoffice.
Merchants National Bank.
First National Bank.
First State Bank.
Public Schools.
Catholic Parochial school.
Home School for Girls.
j. B. Schoenhoff.
Hanson & Emerson.
Wedge Hardware Company.
Otto Garage,
DR.. A. F. Moynihan.
III. S. Halverson & Co.
c. Hillerud e Co.