Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1918-02-28
HEAVY SALES Of
SAVINGS STAMPS
TREASURY RECEIPTS FROM THIS
SOURCE ARE RUNNING ABOUT
$1,000, 900 A WEEK.

TREASURY REGENTS FROM THIS
SOURCE ARE RUNNING ABOUT
$11.ooo,ooo A WEEK.
WAR CREDITS BOARD WORK
When and Why II Authorizes Advance
Payments to contractors-Newc Com.
mittee viii Mobilize Colleges for tho
Training of Troops.
From Committee on Public Information.)
Washington. Treasury receipts
from the sale Of War-Savings stamps
are running at the rate of Sl1 100000
week. Savings bank deposits in the
last few years have been increasing at
the rate Of 100000 business day.
Treasury receipts show the American
people are putting their small savings
At the service Of the nation through
War Savings stamps at rate far in
excess of prewar savings bank accumu-
lations.
Two billion dollars of war-savings
securities will be issued. If these are
all sold this year the treasury will re-
ceive about $1,6S0,O00,OOO, and at the
end of five years the government will
repay the loan together with $500, Co.,
eco in interest.
A statement prepared by the war
credits board includes the following
explanation of It's functions and activi-
ties:
When concern that has contract
with the war department for supplies
has shown the board that it needs finan-
cfal assistance and has been able to
comply with the act by giving adequate
security, the board has approved an adj
vance payment and the money has been
received in many instances where the
case was urgent the money has been
paid over to the contractor the same
day the application has been filed.
However, the board does not act i'll
any sense as bank. 1t is only when
me manufacturer has reached point
where financial assistance is needed in
addition to his banking lines, that APP
plication for advance payment tor his
goods is considered favorably by the
board"
Between the time of Its creation in
November and January "a the board
approved advances to contractors to-
falling $145, b51 geo.
It Is estimate that within the next
SIX months 71 u 100000 men will
be given intensive military training in
schools and colleges. They will be
drawn from the AIMED forces of the
nation, men now in training camps or
about to be called, and registrants
under the selective service law.
With view to mobilizing the educa-
tional Institutions OF the country for
this special tsaining there has been
created in the war department com
mittee on education and special train
Ing" 1t will encourage and arrange
for the technical education of men
needed by the several branches of the
army.
A "War Cyclopedia," providing the
public with information on the great
war in the form of handbook, is the
latest publication issued by the COM
mittee on public information.
The salient facts Of the war are
briefly stated in alphabetical form in
300 pages. The cyclopedia also con-
tains chronology of outstanding
events ranging from the murder at
Serajevo Of the Archduke Francis Fer
dinand June %, 1914, to the British
national labor conferences approval Of
President Wilson's war aims, December
20, 1917.
The volume may be obtained by adj
dressing the Committee Of Public In
formation, 10 Jackson place, Washing
ten, D. c., and inclosing 25 cents to
cover cost q, Itdating.
While figures are not yet available
on the proportionnts number of 81 and
- smileaee hooks being purchased for
use by men at the camps and canton
ments, the commission on training
camp activities, y charge Of the sale,
states that there has been unexpected
demand for the larger books. Smileage
books selling for 81 contain 20 coupons
/ good for admission to camp entertain
msnts books selling for IS contain 100
coupons.
From two to Ave coupons are re-
sltsad fer admtssion 10 Liberty thea
~ # W casaps, although many OF
Tredu6xsens are Of the class which
command 81 prices III metropolitan
houses.
Plans for the aerial mail route be-
tween Washington, Philadelphia and
| New York contemplate the use of ma
chimes capable Of carrying 800 pounds
of mail distance of 200 miles without
stop. A special postage rate would be
charged not exceeding 25 cents an
ounce.
In reply to Inquiries regarding th'
J possibility Of Esdistilling seized spirits
for alcohol the war department has an
nowneed that the small amount of alec
hol recovered, the cost of transporta
ton, recooperage and Redistribution
would make the cost to the government