Arizona republican., 1922-05-29

system, will become the savings
bank of the wage Garner and the per-
son of small salary. In many Of the
large cities, and in factory towns, and
specially in many of the smaller
towns in the rural districts. it is very
inconvenient for earners of a weekly
wage to reach a bank after receiving
their pay, but a postoffice is usually
available. When the people fully un-
derstand that their postoffices offer
them modern banking facilities they
will avail themselves OF this modern
savings system which is run for theiI
own advantage and at no cost to
them. Postal savings and treasury
savings certificates offer an unusual
opportunity. and the postoffice is
ready to render these banking facili-
ties in an efficient manner
Postmaster Laird is pleased with
the suggestion of the postoffice as
the wage earners' savings bank, and
Intends TO make it that in fact as
long as people who are its patrons
show a disposition to save. He calls
especial attention to the fact that the
government is In this savings move
ment because the officials have be-
come convinced that only through the
government can a nation wide CAM
paign for savings be inaugurated and
made successful. THE government"
he said. affords an opportunity for
everybody to save. Any person with
10 cents can open a savings account
with the governmet. With 10 cents
a postal savings stamp can be bought
at the postoffice. When 10 stamps
have been purchased and affixed to
a postal savings card they can be ex-
change for a 81 interest bearing pos
tai savings certificate. Postal saw
ingss certificates TO the amount of
$4,000 may be purchased by any one
persons Small investors can also
buy treasury savings stamps at 81
each. They do not draw interest, but
when 20 stamps have been acquired
they can be exchanged for a $25
treasury savings certificate. These
certificates are issued in denomina-
tins of $25, 500 and $1,000. and sold
for $40. 80, and $500. They pay 4ia
per cent compounded emi-annually,
and are except from state and local
taxation Except estate and Inherit
ance taxes and from the normal
federal income tax"
Letters From the Hambys
Everyone in Tempe seems to have
received a letter from Mrs. Hambly
during the past week and they were
not form nor carbon letters either.
Those who did not get a letter will
be glad to know that the Hemblys
have not gotten ehoked up with
beach fog yet and are reading The
Arizona Republican TO keep UP with
Tempe news. They are in Long
Beach
Prominent Visitor
Fl. M. Skidmore of Washington. d.
G. and the regional director for Ia
western states in promoting the
Smith Hughes act was visitor with
Professor and Mrs. Ostrander yester-
day. Mr.. Skidmore was a classmate
of Professor Ostrander in college and
they had good visit digging up all
the old experiences while in college.
Dinner Guests
Mrs. Alberta jacobson and Mrs. /
Painter had the Raley family to
dinner Sunday. 1t was not only an
opportunity to see the fine farm Of
the Painters but also to see some of
the workings of the road construc-
ton. The farmers who are fortunate
enough to have the wonderful road
pass the farm are to be congratulated.
The high value of it will not be real
lied in years. 1t would be well worth
W1lle IOf dli luWI lFSluelIS VINO nave
not watched the process OF modern
road building to make a visit to the
camps out south or west OF town
More Tempe Improvements
The town council voted to put in
q lighting system on Mill and Eighth
streets. This will be a decided inn
provement in looks and convenience
Fire
The Moreno house at the end of
McAllister was completely burned
Friday night. This house stood next
door to the Bynum house which
burned some time ago,
Bynun, Family Leaves
Mr.. and Mrs. J. ". Rynum will
leave Tor Clovis, y. NJ, Wednesday
and do not expect to return. Their
daughter, Bessie, will accompany the
family
Methodist Board to Meet
Mr. and Mrs. Bertelsen invites all
members of the official board to hold
their meeting Monday evening at
their home on Sixth street.
Lawn Program
Mrs. King will put on a good pro-
gram this afternoon on the lawn in
front of East hall at the Normal Mrs.
Kings pupils will entertain in aes-
thetic dancing
Farm Bureau Meeting
C. S. Brown, president of the state
farm bureau. and Fred TAFT and
Canroa NToNxua1 xuoVa tho cnaa lsarS al