March 11, 1918


Each one of us squanders money. Some oftener than others. We do it unthinkingly because two bits seems a small thing to us when we consider the billions of dollars needed to carry on the war, but let us not pass this over. If every one of us who are citizens of this great republic saved 25 cents tomorrow and bought a thrift stamp almost thirty million dollars would become available to back "our boys" over there. If you save two bits a day for a year and bought war savings stamps you would have saved over $100. That is why war savings stamps are important to the federal government. Don't you be afraid; it doesn't amount to much; just go steadily about your business, cut down your cigar smoking, ride around a gallon of gas less in your automobile, think several times before you purchase unessentials, but get the habit of buying W.S.S. Don't for a minute get into your head that you are doing something that your fellow citizens should pat you on the back about. Except for the fact that you are showing good business judgment, you are not doing any great stunt. Suppose, instead of giving you a chance to invest in a 4 percent gilt-edge government bond, congress had simply taxed you.

The saving plan enables you to lend your savings to your government at 4 percent interest, compounded quarterly, by the purchase of thrift stamps and war saving stamps. These stamps can be bought almost anywhere. In fact, it is the purpose of the government to make them the easiest thing to buy in the world.

This is certainly an easy way to make money, and now, suppose we don't buy W.S.S. What then? Just this: The money must be forthcoming either voluntarily or thru taxes. And if both methods fail? The war cannot go on and we have proved traitors to our soldiers, to ourselves and to our ideals. If there was anyone who six weeks ago believed it was possible to make peace with Germany, it must be evident to them to them today exactly what chance there is.

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