Show Defense Saving Saving- Bonds Postal Savings Stamps Placed on Sale May 1 The United States Defense Sav Say Savings Savings Sayings ings Bonds and Postal Savings stamps will be placed on sale in the post office at the opening of business busi busi- business business ness on Thursday May 1 1 as part of the national effort to make Am Am- America America America erica impregnable Postmaster James II n. Rampton announces today that plans are arc nearly completed for this community community community ity along with thousands of others I from coast to coast to t do its full fun part at the opening of the savings program Postmaster General Frank C. C Walker Valker in a letter to postmasters throughout th thi said that the help of local postmasters would I be a real service to t the country He transmitted the thanks of Secre Secretary I tary of the Treasury for the help that local postmasters had already given in the sale of United States securities and also Mr thanks in ad ad- advance advance advance vance for the operation co-operation which he knows you will give to this new effort The new Defense bond bondis is similar to the familiar Baby d Bor of which more than five billion dollars worth have been bought by more than two and a half million Americans since 1935 A Defense bond may be purchased ed May 1 or thereafter for 1875 I In ten years years this bond will wilt worth 2500 This is an increase of 33 13 per cent equal ten to t an annual interest return of 29 per cent cent com corn compounded comI I pounded semiannually semi Any time after sixty days from the date of purchase the bond may be ed for cash in accordance with a table of redemption values printed on the face of the bond To spread investments widely among all aU the people in America a limit of f has been set on the amount of these bonds to be I bought by any one ne person in one year The bonds are arc in denominations denominations denominations of 25 50 and 1000 all of which are sold for 75 per cent of their maturity value and all of which mature in ten years For larger investors who can af at- afford afford atford ford to purchase up to worth of bonds a 3 year the treasury treaS ry department has issued two addition additional al kinds of Defense Sayings bonds but these will be sold only through banks and by direct mail from froni Washington D. D C. C They are in intended in- in intended intended tended for associations trustees and corporations corpor ions as well VeIl as indi indi- individual individual vidual purchasers For the smaller investor who I wants to buy a government bond bondon on an plan the post postoffice postoffice postoffice office will hv a new series eries of oJ Postal Savings stamps at lOc 25 1 and 5 Each purchaser of any Savings stamp higher than lOc will willbe willbe be given free fr e of charge an i tive five pocket album in which to paste his stamps until he has enough to buy a 25 bond or one of higher denomination Thirty million of these albums are arc now being pre pre- pared The cover design of the albums is in color featuring a United States and an eagle cagle bear bear- bearing bearing bearing ing the American flag nag On the back cover er is a painting of the Minute MinuteMan MinuteMan Man statute by Daniel Chester French which symbolizes the Am Am- American American American citizen ever alert in defense of his country The inscription is America on Guard Secretary said that even a boy or girl who saved lOc hOc to buy a Savings stamp would help the country country He aided added that you youcan can safeguard your own money and your own future while helping the national defense by buying United States Savings Bonds now |