South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-06-21
PLANS ARE READY
FOR THRIFT WEEK
County Chairman Herzog Has
All Plans Set for Siren
uouS Campaign.

I am planning 10 save. Ihls is
the statement hat the Indiana war
savings committee is asking every
householder % make next week
State Director Robert Z. Spring
steen. in connection with the plans
for thrift week, which begins sun
day, says the committee is planning
TO put 700, 900 copies OF the car
headed Il am planning 70 save" IN
Indiana homes during the week.
The card says: 1T strikes me that
1852 per cent which is the war saw
ings stamp interest rate. makes a
good investment; that l ought TO
own a few shares in the United
States of America; that l ought to
ward off the rainy day, or at least
be prepared for it IL it comes. So
I plan 10 save
Mr.. Springsteen said the forego-
ing is the text of Indiana thrift
weeks ~endeavOrs. Every house
holder in the state will be asked TO
sign one Of these cards and mail il
to his local postmaster. The card
will indicate that the signer wishes
TO try to buy thrift stamps or war
savings stamps every week. 1t will
be up &c the -postmasters TO see
that the signers are provided with
stamps. either through the mail car
riers, banks, or other agencies.
Persuasion Rather Than Coercion.
w are taking up the promotion
Of thrift" said Mr.. Springsteen, "on
the basis of education. We will try
TO use persuasion rather than CO.
ercion. We will ask people to save
for their own good. instead OF maxi
ing a drive TO sell any specific quota
Of war savings stamps. For this
reason, We make the L Am Plan
ming 10 Save appeal. We put IL up
to the reasoning ability as we'll as
the patriotism of the citizens.
We desire especially to avoid the
pledge idea. We do not ask In
diana people TO pledge TO buy any
definite amount, but we do ask them
TO try 10 save wherever and when
ever they can. We have go county
organizations working with us on
thrift week. and We expect thou
sands OF Hoosiers TO turn in the Il
Am Planning TO Save card.
The secretary of the treasury,
Carter Glass, has announced that
the government will rely heavily on
the Csc. SIS. 500 and $1,000 stamps
in its future financing program.
War bills are not yet all paid. and
the reconstruction period must be
amply financed. So much for the
patriotic appeal. The best reason
for buying war savings stamps
however, is the fact that, while they
pay 4 per cent compounded quar-
terly. which makes approximately
4.62 per cent annually if the stamps
are held TO maturity. they increase
in, value from month TO month al
the rate of 3 per cent and they car
be cashed on ten days notice, il
the holder has TO have the money
We believe the var savings stamp:
is the best investment on the mar.
ket, and we believe Indiana people
will take up some system OF regular
purchase of these stamps"
The state committee has arranged
distribution during thrift week o
the specimen budget system, 10 b'
submitted TO housewives 10 he'll
them in saving Systematically. Mrs
Julia c. Henderson. woman member
Of the committee. will work anon
thrift clubs, women and housewife
of the state, pointing out the advan
tages of the budget system.
Postmaster John A. Herzog
county chairman Of the movement
has all the machinery at his dis
posai ready for a strenuous cam
paign Of education along the lines o
thrift for next week beginning Sun
day when reference will be made I,
the enterprise in all churches.