The Richmond Virginian. (Richmond, Va.) 1910-1920, 1919-04-13


Government Savings societies for
children and their parents In every
schooihouse. II not In every classroom
tn America, are contemplated in plans
af the savings division of the war loan
c~xAnixatfon. the United States treas
WY announces
The purpose of theSo societies VIII
b to teach in q practical way the wise
use Of money. avoidance of waste. and
Saving through the purchase OF thrift
and war savings stamps for later wise
srcifdinr Tho determination TO con-
tinuc hese practical agencies for en-
eouraaing saving already has the en-
dorsen1ent of leading educators. In
thousands OF schools. the superfnten-
dents, principals and teachers. through
these societies, are encouraging chill
.dr~r who were taught last year to save
TO help win the war" to continue saw
Ing on basis OF nelf-interest and
everyday patriotism.
In most school societies the children
save their own pennies. nickels and
dimes until they have quarter with
which 70 purchase a government thrfV
stamp. In not few schools, however.
fnr teachers are so enthusiastic as to
the educational value OF the savings
movement ttat ON their own intbauN.
they have agreed tn allow children 10
aeposft p~rntes or other smalIAamounts
until they have the necessary twentt-
1--WE cents TO buy a thrift stamp. IN
other schools especially fu New Eng
land small paper thrift chests or
hanks are supplied TO the children
10 help Them make their pocket
money grow TO thrift stamp size
Loaned Government s30o.ooo,ooo.
The children OF America. during
1918. through hundreds OF thousands
Of these saNing~s~roups In the SCHOOLS
Yxtg Cav pA nd AGNri-
I'D to the government more than SSoQ.-
anh anG The children were FIRST 10
take MP the fascinating game OF say
iar " tn The stamps, but before many
weeks their parents and millions OF
other adults began to realize tnat
White the W s s were called stamps,
fhrv were really baby government
toufi- constituting one of the most at
1-sctfve aud safe investments in The
-torla The adults then took hold
and az, "a December 81. 1918, more
than Al GOO geo 600 had boom invested
IN these popular government securi"
t5rs
A. a result, millions of people.
adults as well AS children, scarcely
know{ne how they had accomplished
}, started the new year fer the first
.inc in their lives with money saved
II. some schools the children were
thoir spending mon@y. aud IN one
hool the children ended the year
rifh an average saving OF 500 per
tnnd. Adults however, a. soon As
Tho excellence OF the iuSestIn ent
,.aarresi their attention, li"gaD 70 buy
ali the war savings stan..s the gov
eminent wouid let an individual have
that is eco war savings stamps with
rnfuritv value OF 81 900. Thousands
~ reocie hold more than slh0 worth
~ these stamps as an excellent FIVE
year investment
Saving for Future Spending.
These adults, as well as the chill
fren, are continuing 70 buy 1912 war
savings stamps TO save money for AL
sorts of important purchases in the
future Some are using the stamps TO
an,ass funds for first payments on
homes or ears. 10 provide money Tor
,he education and start in life Of cnil.
d-en. or to constitute n turn around
fund with which to MET read}ust-
rlent in business or employment, or
to take advantage of some opportun-
itv The inf,uenza epidemic taught
thousands of these savers the practical
advantage OF The war savings stamp
Caught by doctors bills or other unex~
p@ctrd eypenses they had money tuck
I'd away which they could obtain readi-
iv on ten days notice AZ the postoftce
'rhi. ready redemption feature. coupled
with fhe high rate of interest, has
made the stamps very popular with
The families which have TO operate on
small cash margins
rs encourage children TO continue
n save and lend to the government
in peace times. an entirely new set OF
@nottv~s will be presented for saving.
t>bief emphasis will be placed upon
the neysona, advantage OF the child
hir,self OF wise spending and intelh-
CAM saving tn, treasury officials are
detcrmined tn make saving hapny
habit The intelligent saver-aduit
and child they say--saves money not
FOR ncneyss sake or merely to hoard,
Int -aves SmaI, sums until they en-
able him 10 Inv in the future some
thing which IL really worth while and
MI, give hin, real satisfaction. Intelll-
rent sewing therefore Is merely post
uoned The Intelligent saver fore
rocs rtifinr ana foolish expenditures
which give him little Immediate and
mo narmanent ratisfaction until he can
~, scrcthirr fbaI .iyrs MIN his