Evening Republican, Volume 22, Number 145, Rensselaer, Jasper County, 20 June 1919 — THRIFT WEEK BEGINS SUNDAY, JUNE 22. [ARTICLE]

THRIFT WEEK BEGINS SUNDAY, JUNE 22.

“I am planning to save!” This is the statement that the Indiana war savings committee is asking every householder in the state to make rtext week. State Director Robert E. Springsteen, making announcement of the plans for Thrift week, which begins next Sunday, said that the committee is planning to put 700,000 copies of the card (headed “I am planning to save” in Indiana homes during the week. This card saysi “It strikes me that 4.62 per cent, which is the war savings stamp interest rate, makes a good investment; that I ought to own a few shares in the United States of America; that I ought to Ward off the rainy day, or at least be prepared for it if it comes. So I plan to save.” Mr. Springsteen said the foregoing is the text of Indiana’s Thrift week endeavors. Every householder in the state will be asked to sign one of the cards and mail iifc to fcaa local pea-V----,master. The card will indicate that the signer wishes to try to buy Thrift stamps or War Savings stamps every week. It will- -be up to the postmasters -to see that the signers are provided with stamps, either through the mail carriers, banks, or other agencies. “We are taking up the promotion of thrift,” said Mr. Springsteen, “on the basis of education. We will try to use -persuasion rather than coercion. We will ask people to save for their own good, instead of making a drive to sell any specific quota of War Savings stamps. For this reason, we make the ‘I am planning to save’ appeal. We put it up to the reasoning ability as well as the patriotism of the citizens. “We desire especially to avoid the pledge idea. We do not ask Indiana people to pledge to buy any definite abaouqt, but we do ask them to try to save wherever and whenever they can. We have ’ninety-two county organizations working with us on Thrift week, and we expect thousands upon thousands of Hoosiers to turn in the ‘I am planning to save’ card. “The secretary of the treasury, Garter Glass, has announced that the government will rely heavily on the 26c, $5, SIOO and SI,OOO stamps in its future financing program. War bills are not yet all paid, and the reconstruction period must be amply financed. So much for the patriotic appeal. The best reason for buying War Savings stamps, however, is the fact that, while they pay four per cent compounded quarterly, which makes approximately four and sixtytwo hundredths per cent annually if the stamps are held to maturity, they increase in value from month to month at the rate of three per cent and they can be cashed on ten days notice, if the holder has to have the montey. We believe the Was Savings stamp is the best investment on the market, and we believe that Indiana people will take up some system of regular purchase of these stamps. The state committee has arranged distribution during Thrift week of the specimen budget system, tto be submitted (to the housewives to help them in saving systematically. Mrs. Julia C. Henderson, woman member of the committee, will work among Thrift clubs, women and housewives of the state, pointing out the advantages of the budget system. Plans have been arranged whereby every counity chairman ip Indmna Trill hold a meeting of hSs committee Friday night to talk over arrangements for Thrift week. The first thing on the program for the waeic is Thrift Sunday, June 22, when hundreds of ministers will preach sermons on the thrift movement.