The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-07-16
SUCCESS
MARKS OPENING
THRIFT CAMPAIGN
Workers Response to Gov
ernment Appeal Makes Two
Days Augury of TriumphaI
Drive.

Memphis employers and employees
have responded to the campaign for
thrift inaugurated by the United States
government in such liberal fashion
that the triumphal conclusion Of the
drive, begun Tuesday, is assured al
176 thrift societies before the days
work was done and Wednesday the I'M
petus of the first days work indicated
the second day would be even bigger
one than the first.
An enrolment far in excess of 1000
members was assured by noon Wednes-
day and before the days activities are
over and the figures tabulated, show
ing is assured that will place Memphis
ahead of all southern cities visited so
far, in the opinion of u. l.. Boyer, who
is directing the campaign.
l.. w. Hughes, chairman for west
Tennessee, expects Silas w. Davis, di-
rector of savings, to arrive from At
lanta Wednesday evening and the re-
port to be laid before him is expected
to more than duplicate the splendid re-
port of Tuesday.
Flyers Are Enlisted.
Besides the work of solicitation 9TH
er features are planned for the cam
paign. Lieut.. S. W. Poole army avia-
tor; l.. w. Mattox, Royal Flying corps,
are planning to make airplane flights
over the city late in the week for the
dissemination of war saving stamps
literature.
Civic bodies have responded to the
call DR.. j. H. Jackson, field repre-
sentative spoke at the luncheon OF
the Kiwanis club at the Hotel Gayoso
Wednesday and formation of societies
among the personnel of this organiza-
tion was begun. DR.. r. D. Powell, an
other field agent, has already enlisted
the cooperation of the Rotary club and
Wednesday was in consultation with
other organizations for solicitation
among the members of their respective
bodies. Quite friendly rivalry has
sprung up among the members OF
clubs and societies as well as business
houses.
The easy method of purchasing the
securities has attracted investors from
all walks of life Thrift stamps are
being purchased on all sides by small
investors. These may be purchased In
as small denominations as rs cents.
They bear interest at per cent COM
pounded quarterly after IS worth have
been purchased when that amount OF
thrift stamps are purchased they are
exchanged for war savings stamps. 'Un-
der IS they do not bear interest, but
may be exchanged for interest-bearing
stamps when that amount is reached.
Many in 81, 900 Club.
More than score of members in the
$1,000 limit have already been enrolled.
The $1,000 certificates are obtainable
only at banks and incorporated agen-
cies registered by the government. The
500 certificates are obtainable at all
first and second-class postoffices.
Stamps of smaller denominations in
cities will be delivered by mail carriers
after the application has been acted
upon.
Among those who have joined the
limit club and have established agencies
for the sale of stamps are the follow
ing: Tennessee Ice and Coal company,
Valley Ice and Coal company, Elias
Goldsmith, Abe Plough, Henry Loeb, of
oeb's laundry; the Woolworth and
kress' 5 and 10-cent stores, Union Seed
and Fertilizer company, II. l. Summer
fields Bluff City Engraving company,
Memphis Queensware company, STRAIT
ton Warren Hardware company, Il. C.
Atkins & Co., New York Shirt Waist
House, the Style Shop, Jerome P. Par
ker- Harris company, Ford Motor com
pany Give departments), Gay-Ola Syrup
company, Harris Iron and Supply com
pany, Graves-Dix Jewelry company,
Pidgeon- Thomas Iron company. Stew
art-Gwynne company, Rosenbaum a
MendaL Zellner Shoe company, Plough
Chemical company and the Central
State National bank