The Dawson news. (Dawson, Ga.) 1889-current, 1918-01-15
WAR SAVINGS STAMPS
ENCOURAGE THRIFT
AT THE SAME TIME GOVERN
MENT is HELPED IN PRESENT
CRISIS. BANKER TALKS.

Never before, perhaps, in the his
tory of the nation has the necessity
for thrift been so borne in upon the
people as it has during the eight
months since we actively entered the
war. One of the results of this need
of national thrift is the war savings
stamps and certificates now being Of
fered by the government. Mr.. R. L.
Saville of the Dawson National Bank
has given the readers of this paper
some facts and information on the
subjects of war savings which will
prove interesting.
"Many people wonder" says Mr..
Saville, why our government now
asks people to buy war savings thrift
stamps and certificates when it so
recently has sold five billions of dol
lars worth of war bonds-and two
billions more last June. Uncle Sam
is at war-which means that every
American citizen regardless of age
or sex, is at war. Uncle Sam is US,
you and /. All of US must have some
part in our governments war ex-
pense. There are over one hundred
million people in this country of
which something over ten million
have purchased the bonds sold in the
two liberty loan campaigns. Uncle
Sam wants to borrow money from as
many of his citizens as possible.
In Reach of Every Person.
$50 the war savings thrift stamps
and certificates were devised as a
plan whereby every person earning
money could loan some amount to
Uncle Sam to help win the war. War
savings stamps are sold at twenty-five
cents each and when the first thrift
stamp is purchased a card is also
given with it on which there are
spaces to paste sixteen of the TWEEN
ty-fve cent thrift stamps-equal to
four dollars. 1t should be clearly I'M
derstood as to the difference between
thrift stamps and war savings GER
tifcates. The smaller denominations,
twenty-five cent stamps-are thrift
stamps. They have no redeemable
value except when uesd to purchase
one or more war savings certificates.
The certificate is worth-in January,
1918, four dollars and thirteen cents.
Sixteen thrift stamps and thirteen
cents will purchase a war savings
certificate which is issued with a card
on which there are spaces for TWEEN
ty such certificates. The price of
the war savings certificates advances
one cent each month. This advance
is in reality accumulated interest for
each war savings certificate and will
be redeemed the first of January,
1928, at five dollars. The war saw
ings certificates may be registered at
the nearest postoffice by the owner,
if desired. This will then be a pro-
lection against loss or theft.
Can Be Cashed at Amy Postoffice.
And, too, the certificates can be
cashed at the postoffice by giving ten
days notice of desire to convert into
cash. When cashed, the government
will allow interest on the certificate
for the time it has run to equal three
per cent. If held till the maturity
date-January, 1928, the interest
amounts to four per cent. compound
ed quarterly Uncle Sam figures that
every man, woman and child in the
nation will buy about twenty dollars
worth of these ''baby bonds" in 1918,
that they will be so we'll pleased with
this form of saving money that the
government will be asked to issue
twice as many next year. AS a peo-
pie we Americans we're going a
reckless pace in spending money
Many were spending today the wages
of tomorrow. The past eight months
have done much to teach the nation
the necessity of saving food, fuel
metals-and we have, too, come to
realize the value of small amounts
Of money. And if Uncle Sam thinks
it important enough to assist US tc
save in small amounts, surely it is
important that each and every one OF
US shall follow his suggestion. Buy
ing thrift stamps and war savings
certificates is saving money-it il
also loaning money-to your govern
mentor the sole purpose of win
ming the war, speedily"