Salt Lake Telegram | 1919-08-29 | Page 2 | Grenade Banks Soon Ready Here

I II I I I. I BANK SOON OON READY H HERE Conditions Under Which They May Be Obtained Made Public Hand gren grenades des as used In the war warto warto warto to render defeat to German militarism are to be converted convert cd into savings banns banks and will be used by babies from 1 year ear old to young women and men 18 years old They will be shortly distributed dis dis- dis from the local banks As an al aid to a general savings drive of oC the war loan organization it itis is be belIeved believed believed be- be that they will answer the tho purpose purpose purpose pur pur- pose in stimulating thrift and cause more sales of War Var Savings Stamps and ce Certificates at I Word of the distribution of tho the grenades was received from the headquarters headquarters headquarters head head- I quarters of the Twelfth federal re reserve reserve re- re serve district headquarters at San Francisco Throughout the district of the hand grenades will be distributed The Thc gr grenades nades were ready for shipment shipment shipment ship ship- ment to the American expeditionary forces when the armistice was sl signed ned The only alteration made in the hand grenades to convert them Into savings s banks wa was the removal of the T. T N N. T. T charge and the tho cutting of oC a slot as asa asa asa a coin way The only conditions Imposed by the treasury department are that to gain ownership of a grenade persons 1 to 12 years of age e must purchase one ono 5 War Var Savings Stamp Persons 12 to 18 is must purchase at least two 5 War Savings Stamps Persons over 18 years must buy either one or one 1000 Treasury Savings Certificate which Is the big brother to the Var Mar Savings Stamp bearing the same 4 per cent interest compounded quarterly and running for five years