Norwich bulletin., 1918-01-31
BELL w. s, CERTIFICATES
 AT s4,ts. AFTER TODAY
Price Increases One Gent During the
 Month of February.

War savings certificates after today will be sold for s4.1 13 during the month of Febrnafy. Holders Of thrift stamp cards with the IB stamps on them should exchange today for atlle certifi-
 cAtes hy paving 12 cents. While the sales have increased in the local post
 office they are not as large as expect
 ed. The following extract of a'speech
 delivered by Secretary of the Treas
 hry McAdoo to the employees of the
 bureau of engraving and printing, ex-
 plains the necessity of the public be-
 coming interested at once:
 We have, in addition" another phase
 of the. problem for this: bureau. We
 have to,, issue obligations of-.the .goy-
 ernments These. sebliga tiepse represent
 the notes of the government, of the
 United States which are sold to the
 people Of the United States. In other
 words, the government of the United
 States is borrowing, mphey from the suing it's obligations or it's promise to nay that money back to the, people. at q given date and to pay interest in
 the meantime. The congress authorized recently the sale of war. savings stamps in $5 denominations. The government is go- ing to sell s5 stamp at $4.12 in the months of December and January and s4.13 in the month of Fahruary-the price increasing at the rate of l cent per month for the remainder Of the calendar. year. If you keep that stamp for five years the government at the, end of that time will redeem it for: s in cash. \ ou keep your money in the government savings bank by buy ing one of these stamps. You get 4 per cent interest compounded quar- terly upon that money. If you buy $10A of these stamps it. will4eost SEA- At the end of the five years you get $100 from the government of the United States. It is the safest deposit and investment in the world, because there is nothing to secure as the gov- ernment of the United States. The government expects. to derive a large amount of money from this source. money needed to carry on the war, and unless these Y war-savings
 stamps are gotten. out promptly So | that they may be put oh sale through
 thousands of agencies from one end | of the land to the other you will hold 1 up the. essential operations of the, soy- | e.nment in that direction and the money will come in more slowly than needed. So it is of the. utmost inn portance that these stamps shall be
 printed and distributed promptly.
 | We are also issuing a 25-cent thrift
 stamp, so that if you want to save
 by investing .2s cents at a time you can buy thrift stamps and paste them l on card which has 16 spaces on it. When you have gotten IS of those stamps, which represent A., you, can
 add to it 12 cents more in the month | of December. or January. take it to any post office or bank. and receive a I $5 war-sayings stamp for that s4.12. If you hold that stamp for five. years, the government will pay you s5 for it.
 In the meantime, if any one is com pelled, through misfortune or other
 wise, to sell his stamps the govern ment will redeem them. but. at a less rate of interest than 4 per, cent. I: win redeem them at par, with inter est. say, at about 3 per cent. per an-
 nun. Of course. it Is desired that 1 people should not redeem their stamps It is desired that they save and econ
 omize in the use. of clothing and other necessary things, because the extent
 to which they do not draw upon es- sential supplies of food and clothing and there is a limited. supply In the world, these days-the more they leave in the general store for the support .o1 our gallant armies and navies and the gallant armies and navie5 of our
 allies and the civil population in those stricken countries of Europe: where the suferings of. men, women and children are so terrible that they are
 beyond the power. of human tongue ..te describe.
 l So, when you save and invest your
 money. in these stamps you are ,releas ing supplies and you are releasing, la- bor that can be applied to: the pro- duction of the. necessaries of life or
 the manufacture of clothing or equip
 ment for the military forces or others i of the civil population. Furthermore you are saving money and improving iyour own material condition. You are