The Churchill county standard. (Fallon, Nev.) 1908-1920, 1918-01-23
To Inaugurate Drive for
Sale of War Stamps
Mayor Il. 5. Berney Will Head COM
mittee to Canvass County and
Arouse Interest

| Arouse Interest
The last two weeks in January
have been set aside by the govern
ment for the purpose of conducting
nationwide drive for the sale oil
thrift and war saving stamps. and Q
meeting was held at the courthouse
last Monday evening for the purpose
of selecting a committee to have
charge of the campaign.
Mayor E. s. Berney was selected
to head the committee as chairman
and Chas f. Howard, secretary
These gentlemen will be appointed
by State Chairman F.. l.. White OF
Reno, and will appoint sub-commit-
tees of workers to conduct the sell
ing campaign, which will start as
soon as the appointments are con-
| firmed
The plan includes the placing of
war thrift stamps in every business
house in town where they will be on
sale, and the appointment of can
vassing committees who will endeav-
er to place War Saving Certificate
In every home in Fallon. Especial
attention will be made to the schools
where the system will be explained
and every child induced to at once
begin the practice of saving and in
vesting in thrift stamps.
1t was expected that the Third
Liberty Loan would be fioated some
time early in February, but it is now
understood that this plan has CIV
EN- way to the arousing of public
interest in the war saving and thrift
stamps in the attempt to reach the
small investor and permit him to
take his part in the financing of his
government during the war
The allotment to Nevada is s40,-
600 per week and it is expected that
this rate will be maintained indefi-
nitely, hence 1t will require active
work on the part of those having
the campaign in charge.
In many respects the war saving
stamps possess a decided advantage
over liberty bonds, inasmuch as they
bear per cent interest compounded
quarterly and are issued in denomi-
nation of IS, which can be purchased
during this month for s4.12 and will
advance in price one cent each
month. On January 1, 1923, these
stamps will be redeemed by the gov
ernment for s5.
In order to enable those who can
not afford the purchase of a saving
stamp each month at one payment.
When sixteen of these have been se-
cured they may be exchanged for a
war saving stamp by paying the ad-
ditional amount over 81 which pre-
walls for the month in which the ex-
change is made.
In each case a certificate is furn-
ished to which the stamp is attached
and becomes TO all intents and pur-
poses baby" Liberty Bond.
1t should be borne in mind by the
purchaser that the war saving
stamps bear interest from the date
of purchase while the thrift stamps
do not, hence it is essential the ex-
change be made as soon as the GER
tificate is full.
The war saving certificates, as
well as the thrift certificates bear
the name of the owner and are not
transferable. nor can they be cashed
by other than the owner, except in
case of death or disability. AS an
illustration of how rapidly these
stamps increase in value under the
method of compound interest it may
be stated that in the event that ev-
eryone of the twenty vacant spaces
on the War Savings Certificate is
filled between January /, 1918 and
January /, 1919, the cost to the
purchaser will be $S240. and on
January 1, 1923, the government
will pay the owner $100-a net prof
it to the holder of $3.50.
If the holder of War Saving Ger
tificate finds it necessary to realize
cash on it before maturity, he may
at any time, upon giving ten days
written notice. have it redeemed at
any money order postoffice and re-
ceive therefor its full face value plus
one cent for each calendar month
after the month of the purchase of
each stamp.
1t will thus be seen that it is the
most flexible system of saving ever
inaugurated by any goyernment.Y You
have the safest security in the wide
world. with no chance to lose and a
certainty of gain, with the addition
al satisfaction of having helped by
your mite to finance your country in
the greatest struggle in its history.
Your country needs every penny you
can lend. If it is not worth saving
for it is not worth fighting for, and
by saving you are fighting. What
good will your dollars or your dimes
be II we lose this war? Remember
this and put your savings where they
will protect everything that is near
and dear to YOU.