Evening Republican, Volume 22, Number 160, Rensselaer, Jasper County, 9 July 1919 — GOVERNMENT LAUNCHES WAR STAMP CAMPAIGN. [ARTICLE]
GOVERNMENT LAUNCHES WAR STAMP CAMPAIGN.
This is the way the New SIOO and SI,OOO treasury savings certificates were described by W. L. Wood, W. S. S. county chairman, in backing up the appeal made to Indiana people by State Director Robert E. Springsteen, of the Indiana war savings committee. Mr. Wood asked .the citizens of the county to consider the new certificates on their merits, and buy them for what they are worth, as we'll as from motives of patriotism. “The postoffices will sell the SIOO certificates, and banks and trust companies will handle the SIOO and SI,OOO certificates,” he said. “The SIOO certificate costs $83.60 this month, and increases 20 cents each month until December 31st. The SI,OOO certificate costs $836 this month, and increases $2 each month until December 31st. Both mature January 1, 1924. The interest is reckoned at 4 per cent, compounded quarterly, which means approximately 4.62 per cent, if figured annually. Finally, these certificates are worth 3 per cent more than cost, with each succeeding month. In other words, if the buyer has to cash them, he receives all that he paid, and more. “There is no other security or investment combining all these attractive’ feattires. They never fall below par, they mature in less than five years, and they are backed by the resources and good will of the Vhole United States. They are better than the war savings stamps and better than the liberty bonds, because they combine the best features of both. People with money to invest cannot do better than to 'buy some of these new securities.” He also called attention to the fact that the treasury department will issue no more liberty bands, but will rely almost solely on the new certificates and the war savings stamps for its future financing. The people of the city and county are called upon to show their patriotism and their good business sense at the same time 'by investing in the SIOO or SI,OOO certificates.
