Belington progressive. [volume] (Belington, W. Va.) 1912-1927, 1918-11-28
'TENMILLION NEEDED TO
MAKE STATE QUOTA OF
WAR SAVINGS STAMPS
Redemption of Pledges Made
in June Necessary to Prevent
First Failure in War Enter
prises From Being Registered
Against West Virginia
MANY COUNTIES ARE SURE
OF EXCEEDING ALLOTMENTS


dollars is needed for the purpose Of
redeeming West Virginia War Savings
Stamps pledges before the end of the
year. From the S10,000,000 may be
deducted the amount Of November
sales, for the present estimates ar.
based on sales up to the beginning 0.
this month The sum specified will
put West Virginia over the top with
her quota of s2s, 4oo, 900, more than
$4,000, 900 having been ssbscribed up
70 the fr.t Of November.
with the war council drive out Of
the way, the business Of cleaning up
the states war savings pledges is TO
occupy cenhal position among war
or postwar activities for the re-
mainder Of the year The money which
the government set out to raise by the
sale of War Saving Stamps is essen
tial to the needs and requirements of
the war department. 1t is needed. 1t
has been pledged and State Director
Robert L. Archer, of this city, is
stressing the urgence of the keeping
of the pledges made in June.
1t has been pointed out from the
beginning that the learning Of the
thrift lesson might help to offset in
some degree the evil effects of the
war. That it has not sunk deep
enough yet is indicated, in the opin-
ion of economists by the failure of
the country to absorb the war saw
ings issue Especial emphasis is,
therefore, to be laid on the necessity
for thrift as a preparation for the re-
organization following the final peace
adjustment and of the extraordinary
attractiveness of the War Savings
Stamps method of saving when con-
sidered from this point of view.
Has Fixed Value.
The Wal. Savings Stamps has
fixed value and is redeemable at any
time upon ten days notice. Money
las been SO plentiful in these war
days that few investors have found
deemed. 1t may be different after
while, the stamp promoters explain,
and in time of stress the possession
of several filled War Savings Certifi-
Gates would prove highly comforting
circumstance.
The state director has sent letters
to al clergymen womens organiza-
tons and county war savings commit
tees to get busy at once and push
West Virginia ever the top by the
FIST of the year.
Several of the counties of the state
are in reach Of their War Savings
quota and sure of going over the top.
Lewis, under the enthusiastic and ca
pable leadership of Chairman Frank
r. Yoke, is already over the top. On
October Kanawha had reached S1S.4S
in per capita sales and there is little
doubt but that figures up to November
] will show that she, too, has gone
over
Harrison, too, is near the top with
$19.1S5 Taylor has S1919; Wetzel has
5000: Gilmer has $685.; Marshall
$15.03; Mingo, s12.S7; Cabell, $11.21
Mercer, S1123; Wood, $12.19; Ohio,
$3.50.
Mcdowell county, from which one Of
the best reports was expected at the
beginning Of the year, is far down the
line, with per capita sales Of less than
five dollars.
The war savings work is not to be
stopped with the present year Sec
rotary of the Treasury McAdoo has
announced that no matter what the
result of the peace negotiations may
be, there will be another Liberty Loan.
To use his expression, 1--WE are going
to have a finance peace for while,
just as we have had a finance war"
So, too, it has been decided, the war
savings campaign must 90 on. Pledges
must be redeemed The war savings
campaign for the coming year will be
a matter to he planned later.
While the armistfce was awaiting
Signature there was released for pub
LEGATION the following statement by
Secretary Of the Treasury McAdoo:
The secretary of the treasury has
determined upon the Issuance OF a new
series of War Savings Certificates and
Stamps to be placed on sale early in
1919 and to be known as the series Of
1919 The new series will have a ma
tiTity date Of January 1,E1924, and IN
practically all respects VIII be issued
on the same terms and id the same
manner rs the present series Of 1918.
A rev SIS War Savings Stamp, blue
In color, bearing the head Of Benja-
min Franklin, the apostle Of saving,
and a former postmaster general, is
IN preparation The new stamps win
be placed on sale early In 1919
The same Thrift Stamps and Thrift
Cards now in use will be continued in
1919 and VIII be exchangeable into
new series Of 1919 War Savings
Stamps payable January /, 1924, in the
same way as the exchange has been
made during this year into the series
OF 1918 War Savings Stamps.