Charlevoix county herald. (East Jordan, Mich.) 189?-1953, 1919-02-14
ENCOURAGE NATIONAL THRIFT
~ WIDESPREAD OFFERING OF
THESE sTAMPe. n
POSTAL SAVINGS IMPROVED
etamps Are Just AZ Safe, More
. Profitable aad
Patriotic.

washington, II. C.-Thrlrt stamps,
under plans adopted by Carter Glass.
new secretary Of the treasury, are to
be q permanent part of the financial
program Of the. United States.
Drawing q lesson from Frances ex-
perience, the United States will keep
constantly on sale large quantities Of
this small-sixed and easily-bought Sc
eurity. Just as the ordinary citizen
now can put his money into postal
savings At any siseable postoffice, SO
he will be able under the new pro-
gram, to buy War Savings Stamps.
Instead of the two per cent, which
the postal savings pay, the stamps
will have an interest return to their
owner Of per cent. This will be com
pounded four times yearly. instead OF
once or twice as at banks so that the
real interest return will be very close
to Ave per cent.
When the new program gets COM
pletely under way, which will be In
the first half of 1919, the thrifty in
clined citizen will be able to buy the
stamps also at many stores and at
practically all banks.
For 1919, and probably for part of
1870, the government will urge it's
citizens to purchase the stamps as a
matter of patriotism--to pay up war
bills. But after that. the trend Of the
campaign will be more and more to-
ward simply encouraging the people to
save both for their own individual
good and to make the nation strong
financially.
Big Factor In Treasurer.
Secretary Glass said recently that
he planned to make the War Savings
Stamps--which will continue TO bear
that name because the public IL fami-
liar with it--a major factor In his
plans for the treasury department.
Gradually, he hopes to educate the
American people to something of the
same habits Of thrift which have made
} the French nation so strong in an
emergency.
The United States, up to the time
Of its Liberty loans, had sold no So
curities to its people--although some
had been wholesaled to bankers and
other big investors through such
financial houses as Jay Cook Il Co.
With the people now educated to
bonds through the war, Secretary
Glass believes that the government
can sell to the people hundreds Of
millions of dollars In stamps every
year. The idea, like that of the DOS.
tai savings, won't be to make money
for the government, but to pro-
vide a method under which the ordi-
nary man can save money and be alb
solutsly sure of not losing it. Just as
the postal saving drew millions Of
dollars which had been hidden In an
old sock" or In a garrett, he expects the
stamps TO result In bringing into cir
culation great numbers Of small
boards which had been hidden away
That means better business for every
one.
Register War Savings Stamps.
To make the safety Of the stamps
doubly sure. the government will
emphasize the registration feature
That is, everyone who holds a IS
stamp will be asked to register 1t,
which he can do at any postofice. Az.
ter this Is done, he might lose the
stamp either through accident. rob-
berry, fire or any other way, and still
not be out anything. The government
would issue him new stamps free Of
charge and register them also. They
would be marked (duplicate) to pre-
vent fraud.
Here are few things which Mr.
Glass will ash. the people to do.
Save to pay for your home.
Save to give your children good
education.
Save for old age-you don't want
TO be dependent
Save rs q, matter of insurance.
II you used to spend money on in
toxieants, save that now.
Save because, IL some business Op-
~ ss>~%<S SRSAAo w ytut yv2 WV ioDV
IL because Of the lack Of few dollars.
And do ell this saving, not In money,
which pays no interest, and which may
be lost In some way, but In War. Saw.
inss Stamps. These latter can be put
by In such small amounts too, that
they scarcely will be missed. A
quarter here and there put into .
thrift stamp will soon become q IS
War Savings Stamp
The stamps this year are slightly
smaller than those of 1918, blue In
color and display the head Of Ben
;amin Franklin. the Apostle of Saw
inss. The February price n S4.13 and
the rsturity date ID January LIST, 1924.
The same Thrift Stamps, az In present
use, will De continued through. 1919
and partially filled Thrift Stamp cards
may be completed during. the new
year and exchanged for the 1919 Issue
Of War Savings Stamps
A new certificate is issued for use
with the 1919 War Savings Stamps.
80