Show GOVERNORS ASKED TO AID U. U V e S. S State Executives To M Make ke Christmas Gift Savings Appeal Governors of or all the states in the Twelfth Federal Reserve District have been asked by the Federal Government to appeal appeal to to the the citizens citizens of their respective states to United States securities such as s War Savings Stamps and Treasury Savings Certificates a as Christmas Christmas' presents this thia year ear Governor John U. U Calkins of the San Francisco Federal Reserve a Bank Dank has also asked the mayors of ot the larger cities of the Twelfth Federal Fedral Fed Fed- ral eral Reserve District to Issue similar proclamations In its War Savings Christmas campaign campaign campaign cam cam- the Government Go hopes to kill km three birds with one stone atone First To start the habit of saving savIng saving sav sav- ing among as many individuals as possible i Second B Dy By cutting down the demand demand demand de de- de- de mand for tor luxuries under which Christmas presents may be classed as asa asa asa a rule to reduce prices and Third To raise the Tv Twelfth Districts District's Districts District's Districts District's Dis Dis- War Savings quota for tor 1919 subscriptions to which are far are far b behind the figure set last January Not ot only has the the Government appealed appealed ap ap- ap pealed to governors and mayors but similar appeals have go gon gon- gonto to all banks in the district and to clergymen clergymen clergymen clergy clergy- men of all denominations Owing to the general unrest of which the Gov- Gov feels high prices is one of the causes the appeal is being made on the thesis that thrift is 11 a mark of sound American citizenship economists are agreed that the present exorbitant lev level l. l of prices which constitute not only an economic eco ceo but a social menace Is caused to toIl toft ft Il great grent extent by a spending spree being Ing indulged fn by the people Governor vernor Cal CaB Ins ius wrote Indulgence Indulgence gence in luxuries which of course causes increases in the necessities of life lite has raised price generally to su such b unheard of heights that Christmas buying this year promises promises-a sa a dangerous danger danger- ous climax We U tl tJ appeal to you rou to call calI upon the pe people of your jour State to forego the the giving of the usual Christmas gifts gifts' this gifts this year and instead give securities of the United States Government such as Thrift and War Savings Stamps Stamp Treasury Treasur Savings Certificates and Liberty Bonds Donds There could be bo DO no nomore more timely effort at stabilization of prices and production than such action action action ac ac- ac- ac tion upon your our part and the part of f the people a majority of whom I am sure euro would answer your call caU |