Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1918-12-21
WAR SAVINGS STAMPS
TO BE CONTINUED
VIII Be Made Permanent Feature of
COuntry's Financial Policy A
Big Success This Year.

a permanent feature of the coun-
try's national financial policy. So
great has been the success of the
1918 stamps that the treasury de-
partment is making plans to
continue the issuance of saving
stamps after peace is signed.
Their name may be changed to
u. S. Saving stamps" or
Government Saving stamps, but
in other respects, the plan now
employed in issuing and selling
them will not materially be altered i.
The fact that w. S. S. are not
negotiable, that they bear no
bothersome interest coupons, that
they pay practically the same rate
of interest as Liberty Bonds, make
them peculiarly adapted to fill the
popular demand for a government
saving investment of nature suited
to small investors.
For this reason, treasury officials
believe they will prove almost as
popular after the war as they were
this year. In addition to forming
a steady government income for
peace time, they will represent an
excellent investment, bringing APP
proximately AZ per cent interest.
The 1919 war Savings stamps are
now in print, and will be placed
on sale over the country Jan /.
The treasury department is
swamped by requests for informa-
ton about them. Here is every
thing you want to know
The ascent Thrift stamp will
be the same as those in use. If you
have thrift stamp card which
is not full on fantasy !, you can
buy the new stamps to fill it.
The S. War Saving stamps,
however will be different. They are
about two-t thirds the size of the
1918 issue, blue, instead of green,
and bearing a portrait of Thomas
Jefferson, to distinguish them
from the old stamps.
The certificate on which the
stamps will be pasted is also diff
feIent, and much handsomer than
the 1918 certificate. Instead of being
a double folder, like the 1918 Ger
tifcate, it is single folder, and
smaller in size. 1t is handsomely
engraved in blue, with decorative
frame, which, when it is filled with
S. stamps, makes handsome blue
certificate.
Do not paste the old green S.
stamps of 1918 in the new folder.
If you do, you lose year interest
for the 1913 stamps mature in 1928
while the new ones will mature in
1924. If you have a certificate
partly filled with 1918 War Saving
stamps, either fill it with stamps or
leave it as it is and get new folder
for the new stamps.
The national War Saving stamps
committee is planning new
departure for 1919. This is to issue
fully paid-up certificates in demo
limitations of 500, $500 and 81 900,
to be issued without stamps, for
sale to those who wish to invest
larger sums. They will be sold on
the same plan, the 800 certificate
selling for from SS3 to S84, depend
ing on the month in which it is
purchased, the $500 certificate for
from SAILS to S420. and the 81 600
certificate fer from $3.50 to S84O.
This certificate will have all the
advantages of Liberty bond and
none of the disadvantages, such as
coupon clipping. AS the War Say
ings stamps and certificate will pay
4 per cent interest compounded
quarterly, the total income from
them will be about the same as that
of Liberty bond-4A per cent.