The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1918-01-18
PURCHASE OF SMALL SECURITIES
SURE SIGN OF BUYERS
AMERlCANiSM.
BEAR q PER CENT INTEREST
Official intention Is to Have Thes ,
Evidences of Loyalty Scattered
Widely Among People
Redeemable In Gold.
BY FESTUS ]. WADE,

Committee.
Explanatory statement relative to
War Savings Thrift Stamp and War
Savings Certificates:
A campaign for the sale Of $4,000.
100000 of War Savings Stamps and
War Savings Certificates was inaugu-
rated in the early part Of December.
The primary purpose of this new Is
sue Of government securities is to ere
ate thrift among the people of the ma
ton and place within the means Of
every man, woman and child OF the
country an opportunity to buy gov
eminent security in units as low as rs
cents. Therefore, arrangements are
rapidly being made to place on sale at
all postoffices, all banks and trust
companies, all railroad offices and all
business houses, wholesale and retail,
two kinds of securities:
(a) The Thrift Stamps are sold for
rs cents each, and when the purchaser
| has accumulated 16 of these stamps
he may 60 to his bank or trust com
pany, or to a postoffice, and by paying
~ cents and turning in 81 in stamps
he can secure a s. Government War
Savings Certificate Stamp, due five
years after Jan. 1, 1918. The differ
ence between the purchase price of
the Certificate Stamp, i. e., $4.12, and
SIS, the face of the Certificate Stamp.
is interest at the rate of per cent per
annum compounded quarterly. .
(b) Those who wish to purchase the
Certificate Stamps p to $1,000 may
purchase same by paying $4.l2 for
each of the Certificate Stamps pur-
chased. The difference between the
purchase price, SAP, and S., the face
value of the Certificate Stamps, repre-
sents interest at the rate Of 4 per
cent per annum for a period Of five
years and compounded quarterly.
The purchase price of Thrift Stamps
remains the same at all times, namely
rs cents. The purchase price, of War
Savings Certificate Stamps. being $4.12
in the months of December, 1917. and
January, 1918, increases at the rate Of
i cent per month thereafter. a..
In order to absolutely secure the
widest distribution of these Certifi-
cate Stamps, 1t Is against the law for
any one person to own more than
81, 900 Of them.
In order to avoid initiation in the
currency Of the country, these stamps
are made non-negotiable, payable to
the purchaser and not to the bearer,
and, therefore, are not transferable.
Should purchaser wish to cash them
in before they mature, they will be
redeemed at any postoffice, and inter
est will be returned at the rate Of ap-
proximately per cent per annum,
but they cannot be sold from hand to
hand.
1t is the hope and expectation of the
government that these notes will be
distributed among at least $4,000, 900
Inhabitants of the United States of
America.
The underlg ing principle behind this
whole issue is that $2,000,000,00C of
the war loan will be held by at least
25,OOO,OOO people Of the nation who
have really saved that amount within
the war period, as it is distinctly a
thrift and saving issue and is known
as the Thrift Stamps and War Saw.
ings Certificate Stamps. 1t has for its
additional object the inducement OF
those who carry pennies, nckels
dimes, quarters and dollars in cup.
boards, safe deposit boxes or other
places to turn in the ready currency
or coin to the government in order
that it might be circulated throughout
the nation and thus strengthen to that
extent the financial power of the ma
ton. %
It will be seen, therefore, that, aside
from the raising of war fund, each
rs cents or $4.12 contributed to this
distinctly Thrift war saving plan will
leave with the people of the nation
> these stamps, which will be redeemed
at the end of five years, thus avoiding
to that extent any initiation and also
putting the people of the nation, ire
spective of their station In life In &
position of owning s2,0o0,OO0,O 900 of tht
t war loan.
A better security was never issued
nor can be issued. 1t is the mortgag,
: of all the United States and its pos
sessions. 1t is guaranteed by the 10y
atty, fealty and confidence of 100000,
7 900 people of the nation, and, there
r fore, it is expected that it will receiv,
!. the unanimous endorsement Of th,
e men, women and children of the ma
: ton.
These War Savings Certificat,
Stamps are better than gold, silver O
!; paper money, for the simple reason
!, that $4.12 in gold, silver or paper a
! the end Of five years is worth onl,
|. $412, whereas II you invest each SAL
you own in these War Savings Certifi
/ cate Stamps they will be worth SIS Il