Saint Mary's beacon. [volume] (Leonard Town, Md.) 1867-1983, 1918-01-17

cent Of gold. and contains IS per ces
Of al the wealth in the civilized work
III IN the past we have depended yer
largely upon foreign capital TO deveIo
this country. Our railroads and gres
industrial undertakings have been &
nanced to great extent BY English
French and Dutch money.
We are now awakening to the fac
shat we must be prepared to take car
of ourselves, and that II we continu,
to prosper, we must widen the market
for our great supplies OF natural ant
manufactured resources AS nation
we are not given to thrift. We reckon
TOO lightly tho value of small things.
Many OF US waste on trihes the little
sums which In the aggregate would be
the nucleus Of provision for old age
In the issue OF Thrift Stamps, our
Government makes direct appeal TO
the small investor and especially to
the rising generation. Thrift Stamps
can be bought for rs cents at post
Office, bank, school or departments
store. At the place Of purchase all
the necessary information and instruc-
tion will be disclosed for the asking.
When the buyer has saved sixteen
stamps he can take them TO any
authorized agent, paying the number
Of cents indicated 10 the little table at
the bottom of the card 1.-THE total run
ming from IL TO % cents). Handing
this card on which the stamps are az
fixed. 70 the agent, he receives a reeu-
lar War Savings Certificate Stamp.
for which he has paid anywhere from
s4.l2 to 4.23 This wer Savings
Certificate Stamp is redeemable by the
Government on Jan. LIST, 1922, at $500,
which represents the outlay for thrift
stamps plus 4 per cent interest, com
pounded quarterly. The owner OF IL
has now entered on the career OF
capitalist with the United States Gov
eminent as his guaranteed debtor.
This plan affolds one OF the finest OBJ
portunities for thrift. II will instill
the savings habit-.w which is valuable
for everybody 70 acquire and at the
same time II will carry with 1t the
knowledge that patriotic duty has
been performed.
The Federal Reserve Board makes a
plea for wartime economy TO assist
the q. s. and the allies, and a state
ment was issued on the 3Ist ulto., in
The form OF suggestion to banks 10
promote thrift campaigns In their
communities. LET the public rea-
He " says the statement, that IL is
more respectable in such war-times as
confront us 70 be seen in old clothes
Than In new ones The banks are
urged TO teach In their districts the
meaning and the necessity OF saving
and It's relation 10 the successful
financing Of the war. war financing
In the last analysis means putting the
government In possession OF goods
and services" Financing by loan
means the sale TO the government OF
goods on credit ITO win the war our
government and the governments with
which we arc associated must have
goods and services" SO you will
observe that our recommend atoms are
in harmony with our authorities ut
u may be Of interest for us 10 state
that II increase Of wealth be the best
index ~ raal prosperity, then The U.
= = 90 araaEing prosssrous nation.
y has become - r,,JssszssSS ssgs, D.s4ars
% inveigh against tho increase 10 the /
aumber ofcelossal fortunes, bot their
groeth IN the piping times OF pcacen
vas a SLOW process In comparison wy.n
he results provided By the world var.
A pretty accurate line on the increase
n American wealth has been furnished |
since the Introduction OF the war In
'ome tax. Seven thousand nine hun
ired and twenty-nine wore added 20 |
he millionaire list Of this nation dur
Ing the year 1915, and II is reasonably |
sertaln that tho year just passed win |
show considerable increase. In
1915 the income tar tolalled s6T, 900, !
90, and In 1918 II reached $50, 0O0, 900. |
There are now In the millionaire |
'lass nearly $1,000 individuals. Ac-