The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1920-12-02
NV GOVERNMENT SECURITIES
A si.O0 Treasury saving Stamp and a
s2s Treasury saving Certificate TO
BE- Onered in 1921 hy Go.ernmenl.


people of NeN England and the rest
Of the country IN 1921, according 70
the saving Division Of the First Fed
eral Reserve District They will be a
81 Treasury Savings Stamp and q SIS
Treasury Savings Certificate and viii
b. put out in response 70 demands
wjch have arisen for securities Of
these denominations, particularly in
the industries This district now has
more than 5000 War Savings Societies
operating among it, industries, with a
membership Of about 100000 men and
women. boys and girls, all saving sys-
tematically and voluntarily There
ale are many Of these societies, un-
der varying names, such a. Happy
Jack" Clubs in the public, parochial
and private schools, which represent a
very large total saving through the
purchase Of 25-cent Thrift Stamps.
The savings campaign has demon
strsted that the workers like a 81 unit
for saving and that they also will
appreciate an opportunity 10 invest
s25 in a certificate.
The head Of Alexander Hamilton
vii adorn the new 81 Savings Stamp,
which will be bright red imprinted on
green tint II is interesting to note
that this will be the first time that
the first Secretary Of the United
States Treasury has been fttingly
konored by having his portrait on a
Government savings security. The
new s25 Savings Certificate will be
similar in design and terms TO those
Of the 500 and $1,000 denominations,
although different in color
Because Of the foothold they have
secured in the schools and homes Of
the nation as an easy means Of saving
with absolute safety, the 25-eent
Thrift Stamp and the s. Savings
Stamp are to be continued in 1921 1
TIE idea is not only 10 encourage saw
ing but also 10 give every American
youth or person Of small means an
opportunity Of being an active part
ncr in the United States Government. |
The Treasury officials felt that this
was a wise way Of encouraging thrift 4
and patriotism Likewise the 800
and $1,000 certificates will be contin-
sed, as they are well adapted for the
investment Of small trusts and surplus
funds, not being subject to market
shanges and always collectable within
a few days. They pay fair rate of
interest and nothing can be safer.
Uniols, fraternitics and other organ
izations are employing these certif
Gates for the investment Of their funds
but may hold only $1,000 worth in any
yearly series
II is planned during the coming
year to intensity the three functions
Of the Savings movement Of the
Trea ury Department The develop
ment and protection Of the secondary
ma ket for all war issues Of Govern
ment securities, the sale Of Treasury I,
savings securities and the making
permanent OF regular habits Of saving
a-d investment in United States Gov 4,
prment securities. The Federation Of
Labor favors the movement and has {
TIE Treasury 10 continue to ]
ssues these savings securities as
TO the savings of wage
,arncrs. The international unions {
nave nearly all taken similar action {
zinc the Federation's convention. Not '
,nly have the unions invested their own J
ressury funds in these securities but
hey have urged similar action upon I
fc.r members They also have re-
uested employers to offer opportunity {
or employees to purchase on part S
payments Liberty Bonds bought At 4
urrent market prices and other Gov I
rnment securities. Many industrial 3
oncerns already have made such ar I
Nearly every important s
organization in the country {
as endorsed the movement and in 5
ested a part Of its funds in the ?
'reasury securities. and individual $
,5ges have taken similar action. As !,
art Of the Americanization work v
ny people u foreign birth have s
cen induced 70 invest in the seculi- s
cs. thus becoming shareholders in
Ne Government" and this result has
ecn found 70 stimulate their interest n
( present the Savings Division otIic g
rs are conferring with national rep q
,sentatives Of women's organizations p.
3 are being pledged full support from IL
icse leaders III
Odicials q the Treasury Depart p.
.ert a. Washington say that national AZ
n1ncsl conditions have been benefit iii
4 and countless thousands q people
I've become Systematic savers
irou-h the work u the Savings Divi- 70
on in promoting thrift and saving; h
keeping war savings securities in Sc
- hn~se ~ svxss.rsn-3 and ar..ssssf,.s.,s. ~,