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Mail Tribune 100, Dec. 19, 1921

The following news items were drawn from the archives of the Mail Tribune 100 years ago

Dec. 19, 1921

WITHDRAW WAR SAVINGS STAMPS JANUARY FIRST

Beginning with January 1st the post office department will discontinue the sale of the $5 war savings stamps and the 25 cent thrift stamps and in their place the post office and U. S. treasury departments will offer to the public the new issue of $25, $100 and $1,000 treasury savings certificates which are a form of President Harding’s peace time savings program.

The above order was received by Postmaster W. J. Warner today. Your last chance to buy $5 war savings stamps and 25 cent thrift stamps will end December 31st. The local post office has already an initial supply of the treasury savings certificates, which will be placed on sale at once.

These certificates draw interest at 4 1/2 percent, compounded semi-annually if held to maturity, and can be cashed before maturity, on short notice through banks and the post office. They are registered in owner’s name and are backed by the government. Under recently enacted legislation individuals or organizations may now each hold up to $5,000, maturity value, of these certificates. Both principal and interest of the certificates are exempt from all taxation, except estate or inheritance taxes, federal income surtaxes and excess profits and war profits taxes.

Certificates costing $20 each mature at $25 five years from the date purchased. Certificates costing $80 each mature at $100, five years from date purchased, and certificates costing $800 each mature at $1,000 five years from date purchased. The $25 certificate bears the portrait of ex-President Theodore Roosevelt.

CHRISTMAS RUSH AT MEDFORD P. O. NOW AT HEIGHT

Christmas week opened in Medford with a big rush of patrons to the post office today with parcels for mailing, which began in the morning and was expected to continue until the office closed late today, and with the receipt of hundreds of packages from all over the United States and even from distant countries. This was the biggest day of the Christmas season for the local post office in receiving and sending out packages. The American Railway Express company also did a rushing business in delivering, and receiving of parcels for outside points.

— Alissa Corman; acorman@rosebudmedia.com