Jasper County Democrat, Volume 22, Number 30, Rensselaer, Jasper County, 12 July 1919 — THE NEW T. S. CERTIFICATES “The Best Investment the Government Has Yet Offered." [ARTICLE]
THE NEW T. S. CERTIFICATES
“The Best Investment the Government Has Yet Offered."
This is the way the new SIOO and SI,OOO treasury savings certificates were described 'today 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 citizens of the county to consider the new certificates on their merits, and buy «them for what they are worth As well as from motives of patriotism. “The postoffices will sell the $100! 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 20c each month until December 31. The SI,OOO certificate costs $836 this month and increases $2 each month until December 31. Both mature January 1, 1924. The interest is reckoned at 4%, compounded quarterly, which means approximately 4.62%, if figured annually. Finally, these certificates are worth 3 % 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 features. They never fall below par, they mature in less than five years, and they are backed by the resources and good will of the whole 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 bonds, but will rely almost solely on the
new certificates and the War Savings Stamps for Its future financing. People of the city and county are called upon to show their patriotism and their good business sense at the same time by investing or SIOO or SI,OOO certificates.
