Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1920-12-07
new SECURITIES
TO BE ISSUED
DEPARTMENT TO PRO.
VIDE ST AND S25 SAVINGS Sc
CURITIES TO MEET DEMAND
ENCOURAGE NATIONAL THRIFT
Urge Citizens To COntine To Buy Gov
ernment Securities.

Washington, d. c., Dec. 1.-Two en-
urely new United States government
securities will be issued in 1921. They
are 81 treasury savings stamp and
/ $25 treasury savings certificate. The
decision TO issue these securities
comes as a result of the savings cam
paign carried on by the treasury de-
partment during the present year in
Industrial plants throughout the coun-
try. This campaign has demonstrated
that workers like 81 unit for saving
and that they also are seeking an in
yestment security of the $25 denomi-
nation.
The new 81 savings stamp will be
bright red in color, imprinted on green
tint and will bear the head of Alex
ander Hamilton. This is the first time
that the first secretary of the treasury
has been fittingly honored by having
his portrait on a government savings
security.
The new S25 savings certificate will
be similar in design and terms to the
treasury savings certificates of $100
and $1,000 maturity value. although of
different color.
The 25-cent thrift stamp and the S5
savings stamp have obtained so strong
a foothold in the schools of the nation
that they will be continued in 1921
not only to encourage saving and wise
investment, but also to give American
youth the opportunity of becoming an
active partner in the great business
of his or her national government
This should go far to create habits of
financial strength and practical pa
triotism throughout the nation.
The 1921 savings stamp of IS matur-
ity value will be larger in size than
the 1920 issue, will be orange in color
and will bear the portrait head of
Lincoln.
The treasury savings certificates Of
500 and $1,000 maturity value also will
be continued in 1921 They are pc
culiarly adaptable for the investment
Of small trusts and surplus funds or
surpluses, as they are not subject to
market-price fluctuation. and are be-
ing extensively used for the invest
ment of surplus funds of unions, fra
ternities and other organizations. sub
ject to the limitation to holdings of
Plans are actively under way to
make the influence of the treasury
savings movement felt in every bral3h
Of American life To this end tae
three functions of the savings organi-
zation, namely, the development and
protection of the secondary market
for all war issues of government Sc
curities: the sale of treasury savings
securities; the making permanent the
habits of regular savings and invest
ment in United States government Sc
curities will be intensified.
Despite the comparatively small
sales of savings securities in 1920,
due to obvious conditions, the treasury
department feels that the work done
by the savings division in promoting
habits of thrift and saving; in keeping
war savings securities in the hands of
investors and in acQuainting the peo-
pie with the desirability of holding
their Liberty bonds and Victory notes
and purchasing additional amounts at
current market prices. has been one
Of the most important factors in the
lettering of national financial condi-
tions.
The treasury department earnestly
asks for the savings movement in 1921
the cooperation of all who believe in
national thrift and in the benefits of
universal and wise investment.