Show ermai t ent Habits Habits' Of Thrift Are Aim v f War Savings Sayings Stal Stamps Sh Should uld Be Bought Merits on-Merits Urges Worker t. t I By Capt Henr Henry D. D X oYle t Thrift education or propaganda anda 1 which will win permit permanent habits t y of oC saving and investment is tho the basis 1 upon which the campaign of 01 1919 1319 is being conducted and Is the main meas- meas r relied upon to Insure tho the Immediate im immediate immediate im- im mediate sales of or war savings stamps Thrift education in general answers two questions Vh Why save and how save savo and points to war savings stamps ns 5 not only a 3 desirable Investment but the vcr very best government security 0 available Tho The propaganda and advertisement ad of savings banks and other financial c institutions arc not in an any wa way opposed opposed op op- pos posed d but on the contrary encouraged inasmuch as tho they likewise assist In tho establishment of community habits I of ot thrift and saving sa All undertakings with the idea of making a large sale of stamps within a short period are not desirable and andIn andin In our opinion do nothing toward for for- a a permanent saving an and investment in investment vestment habit and have qa only the 1 temporary result of ot making forced force i 1 sales of or stamps which which are aie redeemed within a n. short time after purchase street selling selling sell sell- Under this category comes ing and all methods which were ere used in different parts of the then country last year ear to force the n sale of stamps We Vc believe bellove these moth methods of or sale would prove pro in the thc lon long run hi highly highly high high- hl h- h l ly detrimental to a continued and permanent permanent permanent per- per manent sale pf QC these small d I 1 government securities Yo WC are arc only onh anxious to promote tho the sale of war savings sa stamps and thrift stamps b by an any means which will wIH lay Jay the foundation foundation foundation foun foun- dation for a permanent sale salo of ot these securities stamps or small government go Inn Investment Ur urged 11 l The 1 primary appeal Js enlightened e Interest self oi or 01 tho the Investment motive The Tho campaign shows to the purchaser in saving sa for an the tho advantage to him the out cm emergency tand and points t safe in investment investment In- In stamps as a value Rlue of ot savings high a rate o of as vestment paying interest as as is consistent tent with safety J l and enumerates the benefits to the In Individual inI In- In I at vidual to be derived from regular ular sa saving 7 for some tome specific purpose Tho rho second motive is good goad citizenship citizen citizen- ship and peacetime patriotism of oC an investor In government securities The campaign campal n brings s out te to value o of hay hav having ing the citizens of of the go government also have o a pai part t in financing it H Also shows chows the benefits to the tIle country and m 1 f individual ual communities thereof thc of the practice practice of or thrift and saving b by its HI f. f citizens and how hov this Will twill help in the readjustment following th the war period in In which wo we arc are now nou living ln u In HilS 1918 the question of the personal benefit to the tho Individual who practiced thrift was purely purel incidental and antI quite I. I properly was given a secondary place lace In in the war savings campaign With ith the thc signing of or tho the armistice however a decidedly different condition was waR In brought brough t about in our community Wife life The trea treasury ury department felt that with this change the habits of also Investment careful spending and intelligent saving having which were made mado would woul be a necessary by bJ tho war t great b benefit nelt to tho the people le of or this country countr if made permanent peace time times s habits Therefore the 1919 sax savings saving's I campaign Is IR being conducted with ith the c object of ot making the thc habits of primary thrift and Investment In In small mall j I national government o securities u a pcr- pcr American institution j I l Good lInn lInnIn I In further conducting the 1919 1319 s savings sav- sav a ings i In 5 campaign n a foundation is bring being sa I constructed upon which will rest rent a of or permanent propaganda of doctrines thrift and sat savings Ings with wilh Its headquarters head head- quarters in th the savings r division o of the tho United States Stales treasury already or organized organ organ- un- un bed and forming a part of the treasury treas- treas ury ry department u of our United States savings l division of oC the tho treasury The i securing uniformity of oC With the Idea of oC policy in all tho the states during the tran- tran period I la is suggested a general I policy cy to be followed by the directors of ot savings ings in the twelve t federal reserve as well as tho the state directors tot bf war savings sa campaigns The campaign cam cam- In Utah thus far has been conducted conducted conducted con- con ducted alon along the tho lines suggested and the results obtained to date apparently f warrant arrant a continuation of oC the tame same I II I pones policy In December of 1918 1 l Utah tah I 1 stool a tood fourth In the tho galaxy g of or states Un ain In January 1919 1913 third tho the results for February have not been obtained m l 1 To encourage permanent In E Investments in war savings stamps showing people people people peo peo- the value of hol holding ln their stamps until maturity and encouraging Investments Invest Invest- ments with that en end in View arc the means relied upon to pick up the In Interest Interest in- in I terest which in in December and January Janu Janu- Januar January ar ary placed Utah among among- tho the leading i Mates ates of the nation Certainly Utah 1 for tor l' l the entire year r ar of oC InS 1918 in soiling l worth of or stamps st. per capita for evor every mail mali woman and child in Utah over men un under er arms and and out of the state In the service of oC I their country not to mention the large larse lumber of or Inmates confined within the walls Valla of or state institutions can be highly highly highly high high- ly complimented As a matter of or fact all the money Utah has lias to invest in any kind of ot securities came cam from her soil soli 1018 Record Proud Tho The remarkable work in 1918 1318 done doney y the state director o of war savings Rn nd the committees working under his in which the thc people of or the tho Mate so 10 loyally 10 all aided alde placed place Utah Utahn n excess of or 33 per cent over the avra av- av ra rage e of ot the states in the union In the theale ale Ie of or war savings s stamps This rec- rec rd for tor 1918 entitles State Director T T. T Odell and his fellow workers 0 o the support of all lo loyal al citizens ns In tho the campaign campal n for 1919 hick already has been so The greatest assistance hick the individual citizen clUzen can render n n Insuring tho success of or the 1919 war tear campaign is to practice and the time regular and permanent vestment in war savings savinG's stamps to alize and expound the value of or holdS holdS' hold- hold ff S' stamps purchased until maturity nil id to practice and encourage Invest Invest- with that end In view Tho fact that the Stamps are arc readily le in cast Cost of or an emergency oid c d not be forgotten n and certainly ds to their value Tho The treasury doo do- do o urges that this fact tact b tJ em- em and that while pointing out the tho holder holdel the advantage of or retain retain- K S' his stamps until maturity It is pod ped no attempt will bo be made b by an any r war savings H workers to make malte 0 o Investor told hold the stamps against I Will or a against alnEt his Interest and will do nothing to hinder I cst fn investors rs redeeming stamps when the they so desire It Is to be remembered that tho the stamps were sold and ago aio being sold today with the specific agreement that the government will redeem at an any time upon upon ten days days' written notice and it Is tho the desire of ot the treasur treasury department that all officials assist in n keeping this government pledge Co b by redeeming the stamps without question whenever e the application Is ma made e without without- coercing the owner Into Into holding them th m a- a against his will It Is to be bo remembered that persons persons who are coerced or forced to hold their stamps against their will will twill most I certainly become strongly prejudiced against war or savings stamps and will never cr under trader probably never an any stances purchase them again al 1 If Ir this feeling became general in any uny part of ot the countr country although it might t temporarily tem tn reduce tho the redemptions lon it would defeat its own purpose that o of aiding the tho government to secure funds fund by making ln the further urther salts salt of stamps almost impossible A As Is a matter mater of fact tact in Utah the re redemption redemption re- re I of stamps Is not a serious serio problem The rate at which they are I being redeemed continues to lessen U If stamps ware to be redeemed f for r tho the balance of the year at the rate late at pt which the they have been redeemed to date dat a little more moro than limn worth of stamps tamps maturity value would bo be turned In during th the entire year ear Jea leaving leavin a n n. n bt Jance hel held of ot nearly nearh of or orthe the stamps purchased in 1918 Ono of the r features of or war savings stamps which make mako them attractive o to people of ot moderate means is tho the fact the they can be bc redeemed read readily II and are not liable to fluctuation In value as I Is the c case eo with other securities all the theU U time lime pointing out to investors the advantage ad ud vantage of ot keeping them for tor the full tull time and thus obtaining obtaining- the highest rate of oC Interest An active campaign throughout the school schoola of ot the state has alread already been undertaken and is la under the Immediate direction of or State Stalo S Superintendent of or Public Dr E E. G G. G Gowans I and a committee appointed b by the I county count and city superintendents lents of oC I I public schools This committee consists consists con con- of ot the I prominent nt educators educators educators tors of or tho the state Dr DI E. E D. D nelson Mn of or the University of Utah Salt Sal Lithe Lake City Gay Dr 12 L G. G Gowans state stale Bup superintendent of or public public pub pub- lic instruction Salt Silt Lake City Dr Geor George R. R Hill State Agricultural college college col col- lc lege c. c Logan lAHan Utah D. D DC C. C Jensen superintendent super Jordan district c s schools super super-I Dr Ernest A. A Smith SUpe superintendent of city schools Salt SnIt Lake City Capt Benr Henry D. D Moyle lole assistant state director of f war savings r I This committee has divided the work ork in the tho sc into four ur divisions and has B PI p r d s hecl 1 s of or Instruction l tion t 16 to cover two hours of ot claNs class work per ler week weck for the remainder of or the thel present school year e u I Is' Is preparing similar schedules for fOI the coming cominS' school I year I lere I-lere I- I likewise the campaign partakes partakes par par- par parI I takes of a permanent nature and there I Is no doubt but hut that thrift and saving will wilt hereafter form a part of or the regular regular reg reg- ular school chool curriculum Gr Great at credit Is due to the teachers of or the state who have so gO willingly become become hec be he- c come me the thc agents agents' for the treasury department for COI the sale of ot war savings an and thrift stamps giving t thereby hereby to each pupil the e op opportunity of oC practicing thrift in the time s schools Let I It be bo said that this is another example I o of the patriotism of oC the teacher who twig In each event must Invest of oC his or her small income in purchasing the thrift and savings stamps to be l kepton epton hand This we arc are sure Is only one one of oC the thereat great reat mon many equally as good reasons wh why the teachers of or the state should receive greater compensation for tor their services |