The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1923-12-12
BANKS CAN ISSUE
IT, S. CERTIFICATES
NO REASON WHY EVERY DOLLAR
OF PEOPLES SAVINGS CAN
NOT BE PUT TO USE

possibly, not without a great deal of
truth, that if every dollar of the saw
ings of the poorer people of the Uni
ted States that is now hidden in tin
cans, behind loose cellar bricks, I'M
der removable floor boards and in
other more or less secure hiding
places in homes, could be put on in
terest through national or state saw
ings banks, or through the govern
ment, the nations war debt, enorm-
Gus as it is, would be wiped out in
half the time it will actually take
under the present system and with
the governments present sources of
revenue.
To the end that as much of this
inactive wealth in Gallatin county as
possible may be put to work earning
money for its possessor whose fear
of bank closings may have rendered
him ove~r-cautious, to his own person
al detriment, the Courier, complying
with the requests of a number of its
subscribers, has written to the Treas
ury Department at Washington, D..
c., for all the information available
on the new Treasury Savings Ger
tificates.
1t is now learned that these GER
tificates can be purchased from any
of the banks, Federal Reserve banks
or from any United States post mast
err. The director of the government
savings system in the Treasury de-
partment at Washington, D. c., will
be glad to send to any citizen, upon
request, a free copy of the booklet,
"HOw Other People Get Ahead"
which contains full information on
the new savings certificates as we'll
as one of the best expositions of the
theory of thrift we have eve seen,
besides a number of helpful hints in
tended to warn small investors of
the many pitfalls which unscrupu-
lous stock statesmen are always lay
ing for the unwary.
The directors letter follows:
editor, The Republican Courier Co..
"Bozeman, Montana.
"Dear Sir:
81 have your letter of November
%, 1928, and am greatly pleased with
your helpful cooperation in publish
ing tn article regarding the new
issue of Treasury Savings Certifi-
Gates. .
"Tn compliance with your request
1 am sending you herewith a booklet
recently issued by this office en-
titled "How Other People Get Ahead
describing the current offering OF
, Treasury Savings Certificates and
containing other information of value
TO investors.
AS will be seer from this booklet
the certificates are constantly avail,
able in the denominations of $25
: $500 and $1,000 at flat issue prices
of $50, $50 and $500, respectively, ant
mature five years from date of is.
sue. They yield Az per cent pei
annum, compounded semi-annually, il
held to maturity. They may be re
deemed without advance notice, IL
which case their yield is at the rate
of approximately 81 per cent pei
J annum, compounded semirannually
AS a result of this right of redemp
= ton before maturity these certii
Gates are not subject to ~fluctuation'
\ in value. They r issued only in reg
istered form which insures the owne,
against the loss, theft or destruction
= of the certificates, and are exemp
from the normal Federal income ta7
and from all State and local taxa
ton, except estate and inheritancr
taxes.
! Because of their safety, the at
: tractive interest rate, the right of re
demption before maturity, their Ia
exemption features, and their man
e other advantages, these certificate
Il are proving a very popular and sai
: isfactory method Of saving and IN
vestment.
,e Very truly yours,
0T<Uv Wallace Yr