The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1919-06-27
FACTS ON cscNlNG
WAR SAVlNGsSTkMPS
Government Always Ready to Re-
deem Them With Interest, but
II Means a lbs in the
. Earning Rate.

A considerable number of War Saw
inss stamps are being csshed In Indi-
ana There = nothing alarming OF
ILLEGAL about this. The government In
TENDED that the smsis savings repre-
sentcl - War savings stamps should
- avaiiahle In an emergency.
But Tie War savings organization
for Iniiana points out that there j.
another aspect 70 De considered.
Cashing War SAVINGS stamps before
the date Of maturity 81 selling them
10 scalper below par represents
avoii4ble loss. thus defeating the very
ohject Of the stamps-the practice of
,hrift
WarSayines stamps held 70 matur-
ity Yield 4 per cent interest, CON-
pounded quarterly; II c1shed before
maturity the Interest amounts 10 only
; Per cent Selling q scalpers repre-
sents = still greater loss.
Every effort j. being made by the
soVenmeat this year 10 inject a little
II real Joy into thrift Under stress
- war this perhaps VS. overlooked.
War savings WORKS. were carried
away with their enthusiasm Meth
DDS ~ campaigning In some districts
probably resulted In soI1e persons be-
coming unwilling buyers OF stamps
The government wants no unwilling
buyers, nor dos r want unwilling
holders II stamps
Many ~ those who have been cash
ing stamps az this tire my be clasSed
Is unwilling holders. Means adopted
in some quarters q induce these 10
retain their StanTe have created n
Tan!cky feeling among other holders
Many rushed - the post Offices 70
give their ten dayy fotice- With
those who met with no -Stronr-arm-
methods 70 prevens the cashing Of
stamps confidence vas restored and
the next day they promptly forgot
about having given ROtice.
Every applicant for redemption now
receives the following letter from the
Your application has been placed
IN file. and your money viii be ready
FOR YOU in cash ten days after the
date Of your application provided your
stamps ara properly affixed 10 q War
Savings certificate issued 10 your
name.
You VIII receive. more cash than
you originally paidifor any stamp
which yen have held more than one
month. These stamps Sof course earn
interest. They. therefore. Increase in
value month BY month In FIVE years.
stamps costing from SAP 10 SAB are
worth s.. In other words. the money
invested in each stamp earns from u
cents 20 $ cents. or interest AZ more
than per cent Der annum-
do you know. however. that you DO
net have 70 take cash fer all OF the
var Savings szrps On your GER
. cater
Possibly n this time you Do not
need al of your cash that Is invest
cd in stamps In that case I will DC
glad 20 give ron cash Tor any part Of
thrtn mat you Hlsh % turn Into mon
ey and give you the balance in 19ls
War Savings and Thrift stamps
ION tie other hand II you havel
need AZ this time for al 81 the cash
you have INVESTED in s,staps. the gov
eminent is.sgiad 20 retufn il 20 you.
reErettlng az course that circum-
stances compel you 70 lose the good,
rate Of interest which your money
would earn during the nezt few
Eoa-hs or years
II uhfiess when ycuI present
ear--reacy - passed. vol will begin
e. save a@.in and VIII wnnt % buyl
more Thrilt siauTS and War Savings
Stamps Z wil be n keen personal
~ are 80 u,e to sf-ve you in this
Icsfecr.-