Chicago eagle., 1918-07-13
CASH, NOT PROMISES BUILDS
SHIPS.

Illinois. under the stimulus of the
National War Savings day drive, has
pledged itself to purchase during the
remainder of the year many millions
of dollars worth of War Savings
Stamps. Martin \. Ryerson, director
for the War Savings committee of
Illinois. has received messages from
sufficient county chairman In the
state to permit of an estimate that
not less than S75,OOO,OOO has been
pledged as result of the intensive
drive just concluded. He hopes that
complete results may show an even
larger sum.
But IL is cash, not promises, that
builds ships, feeds soldiers, manufac.
lures cannon and ammunition. All
these pledges must be turned into
cash before the War Savings cam.
paign may be said to be a success.
There are many people so constituted
that they will make pledges under the
patriotic urge OF an intensive cam
paign who. as time goes on and the
excitement dies away, have ten
dency to forget their obligations. 1t
is the problem of the War Savings
committee now to see that these
pledges are fulfilled, and that the
War Savings promises are turned into
cash.
From now until the end of the year
the War Savings campaign must go
on But It is now campaign of mer-
chandising rather than of obtaining
pledges. All over the state the peo.
pie now know what War Savings
Stamps are They know how badly
the government needs the money,
They know the strength of the enemy
in men and machinery and the des.
perate lengths to which he will go to
win victory,
They know that we must sacrifice
and save If we expect TO defeat such
an enemy, We do expect to defeat
him, and we will defeat him. The
service and the sacrifice In the end
will be commandeered II 1t is not
given voluntarily. But true democ
racy expects and has right to expect
voluntary service. II should not have
10 ask for it twice.
To bring about voluntary saving
and serving the government has Is
sued Thrift and War Savings Stamps
1t has made them such an attractive
Investment that II had to limit tn,
amount that any one person coulC
own TO $1,000, maturity value, 20 tina
the very rich would not gobble up tn,
entire issue and deny opportunity TO
war investment TO those in more mod
crate circumstances.
One of the disappointments of tn,
early months of the War Saving
campaign was that those in moderate
circumstances did not avail them
selves OF this opportunity for profit
able and patriotic investment NOR
freely. II was realized, however
that months OF education were need
ed before all the people could b
made aware that they are savin
and investing their money in III
best possible way, instead Of giy
ing IL outright, as so many seemed I
believe. Those who have bought Wa
Savings Stamps week by week reall
have not missed the money. The
have accumulated siZeable reserve
out Of money that otherwise woul
have been dissipated All that the
have saved may be classed as we
vet" II there had been no War Sa,
ings Stamps the money would be gon
and they would have nothing to sho'
Tor II. They are buying more,
The War Savings committee urge
that those who during the recen
drive became acquainted with Wa
Savings Stamps for the first tim
keep up their purchases, live up t
their pledges, and purchase, if the
can, more than they have pledged A
over the nation the National Wa
Savings day was observed and mi
lions OF people pledged For the neS
six months they will be turning thes
pledges into cash, so that the go'
eminent may turn the cash into ships
into food and into guns.
The issue OF War Savings Stamps
limited. The whole country is buy