Norwich bulletin., 1918-03-22
WAR SAVINGS FUND
Figures Record Only the Actual Cash
 Received.
NOW 100 MILLION

The war savings fund has round $100, O00,o 900 to it's credit on the books of the treasury. The stream of small savings is now pouring into Uncle Sam's war chest at the rate of STOOL 100000 a, year. with every indication that the anticipated rate of $1.6sO,- o00,000 will be attained soon after the Liberty Loan drive, according to word received at the office of the Connecti- cut state director
 The treasury war savings figures re- cord only the actual cash received, and not the pledged subscriptions for these securities, which, it is estimated, are now. in excess of $53O, 900 900, or about one third of the total issue. The s100,000,000 cash fund now in the treasury is the equivalent of 24,- 00O.000 of the $5 "baby bonds or 400,- 100000 of the two bit' thrift stamps. The government; is printing 4o0. GOO, coo of the "haby bonds," enough to ill 20,- 000,000 war savings certificates
 | Although figures are not yet availa- ble as to the number of individuals who are carrying thrift cards in their pockets, and cutting Gown their own spending, in order that the govern 1 ment may spend more, the national l war savings committee estimates that
 at least 5000 900 Americans are now enlisted in the war saving army. The
 minimum goal is 40000,000 war sav- CTS. It is expected that 10000 900 of lthese will be in the schools.
 {, Before April 6. the war anniversary and the opening of the third Liberty I Loan, the war savings fund will be close to s150, 0,000 900. During the
 months drive for pledges for billions
 for the big bonds it is expected that
 the sale of the little war savings bonds will be so greatly stimulated that the i total for these securities will be i brought up to s900,G00 900 or more. 1 Urging all the citizens of the United States to become war savers, Presiden; l Woodrow Wilson has issued the fol lowing patriotic appeal:
 T suppose not many by-prodIlcts will come out of the war, but if this lcountry can learn something about saving out of the war. it will be wortt the cost of the war; I mean the htera T cost of it, ill money and resources. suppose we have several times over wasted more than we are now about tc ispend. We have not known that thert was any limit to our resources; we art inoW finding out that there may be i we are not careful.
 l sOne of the most interesting things to me about the recent loans that WI have f1oated, is the extraordinarily large number of persons who have in.
 vested, The number of investors ii securities before these loans wert
 made, was comparatively small, re s markabiy small, considering our pop
 ulation and its wealth, and now it ha
 swelled to the millions-to almost one
 tenth, believe, of the population 0
 the country. That is an extraordinar. circumstance and it may have som
 very fortunate results.
 But the thing that you are under
 taking is more intensive and, in
 sense, more important still. Itais tn ' matter of small savings, the detaile , thought of the matter of preventing : waste and managing some sort of ac
 emulation from day to day, that wi fall to you; and I want to say that for one. warmly appreciate the mum her of volunteers of capacity and ex perience who are coming to your as
 sistance at this time and doing thing as interesting and important as this.