The Owosso times. (Owosso, Mich.) 1897-1926, 1919-02-14
v. S. S...-YOU Can
BUY'EM Anywhere
ENCOURAGE NATIONAL THRIFT
BY WIDESPREAD OFFERING OF
THESE STAMPS.
POSTAL SAVINGS IMPROVED
Stamps Are Just As Safe, More
Profitable and
Patriotic.

Patriotic.
Washington, ID. C.-Thrift stamps.
under plans adopted by Carter Glass,
new secretary of the treasury, are to
be a permanent part of the financial
program of the United States.
Drawing a lesson from Frances ex-
constantly on sale large quantities Of
this small-sizod and easily-bought Sc
curity. Just as the ordinary citizen
now can put his money into postal
savings at any sizeable 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 4 per cent. This will be CON-
pounded four times yearly, instead OF
once or twice as at banks so that the
real interest return will be very close
to five per cent.
When the new program gets COM
pletely under way, which will be in
the first half of 1919, the thriftily 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
1920, the government will urge its
citizens to purchase the stamps as
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 is fami-
liar with ia 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 Sc
curities to it's 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 pos.
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 abb
solutely sure Of not losing it. Just as
the postal saving drew millions Of
dollars which had been hidden in an
old sock" or in q garnet, 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 So
stamp will be asked to register it,
which he can do at any postofIice. AT
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 ask the people to do.
Save to pay for your home.
Save to give your children a good
education.
Save for old age-you don't want
to be dependent.
Save as q matter of insurance.
II you used to spend money on in.
toxicants, save that now
Save because, IL some business op-
portunity opens to you, you won't lose
1t because Of the lack of few dollars.
And do all this saving, not In money,
which pays no interest, and which may
be lost In some way, but In War Saw
ings 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 a
thrift stamp will soon become a SIS
War Savings Stamp.
The stamps this year are slightly
smaller than those Of 1918, blue in
color and display the head of Ben
jamin Franklin, the Apostle of Saw
ings. The February price is $4.13 and
the maturity date is January 1st, 1924.
The same Thrift Stamps, as in present
use, will be continued through 1919
and partially filed Thrift Stamp cards
may be completed during the new
a.