Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-02-12
CALLS THRIFT FOE
OF BOLSHEVISTS
War Savings Stamp Confer
ence Speaker Urges Sale
Propaganda 4
AID NATIONS WEIR
Maintenance of Balance Held
Best Insurance Against {
Adverse Trade

The important part war saving stamps
will take in guarding the United States
against the growth Of Bolshevik ten-
dencles and financing national improve
ments was explained today at the war
savings stamp conference at the Belle
vue-Stratford.
Representatives of sixty counties in
Pennsylvania, New Jersey and Delaware
heard Lewis b. Franklin, national di-
rector Of the war loan organization, and
Cassamir sienkalswick, associate direc-
tor, explain the future of the war and
thrift stamp movement.
Mr.. Franklin told how the 1000, ,000,-
600 debt Of this country in Europe at
the outbreak of the war has changed to
credit of $4,000, 900, 900. This ball
ance of financial power, he explained,
can only be maintained IL a national
system Of thrift is put into efftct.
The maintenance of this balance OF
power "he said, lis the best Insurance.
against adverse trade conditions. Re-
tain 1t by teaching the lesson OF thrift"
The money accruing from the sales
velopment of the country" he con-
tinued. The day when undeveloped
resources will yield funds to carry on
such improvements is past.
Urges All TO Enter Campaign
'The most important phase Of the
work at present is the school campaigns,
but this is not the only phase of stamp
selling. The next Liberty Loan will
be the final one, but I hope all the
workers will get into the savings stamp
movement. Business men will be inter-
ested to hear of the impending issuance
OF 500 and $1,000 stamps in the near
future"
Mr.. Sienkaiswlcz said that the stamp
sales should be particularly interesting
to Pennsylvanians because 20 per cent
Of the immigrants coming to the United
States settle in this State and they are
a fertile field for the spreading of radi-
cal propaganda.
Sell them stamps and insure their
interest in the government and they
become good citizens" he said.
The meeting was opened by Robert
Kelso Cassatt, former director of this
division. He thanked the workers for
their efforts in his support and urged
them to keep up the sales.
T.. McL.ain Waters, director Of the
local war saving stamp organization
called the delegates together.
John H. Mason. a director of the war
loan organization here. made the opening
address, and j. c. Burg, head Of the
section on organization of the war
savings division at Washington, and
Harold Braddcck, director of war
savings activities throughout the coun-,
| try, also spoke.
District Members Present
This conference is the first to be held
by the war savings division of the war
| loan organization since its amalgama-
tion into the larger body along with the
Liberty Loan and certificates of In
debtedness division.
Members Of the Federal Reserve Sys-
tenn in this district who are present
include w. A. HUT, w. A. Dyer. c. A.
McIlhenney. J. II. Mason, Postmaster
Thornton and the recently appointed ex-
ecutive committee for War Savings
Stamps, including Mrs. Barclay Warbur-
ton. Mrs Edgar W. Baird. Mrs. walter
8. Thomson, A. f. Berry, B. H. Ludlow.
C. C. Parlin, r. x Cassatt. DR.. j. r..
CARRIER. r. A. Foley, W. II. Smith. j. A.
Janney, Jr, and H. T. Jordan, chair
| man.