Show WEST VEST SAVED SA VED q IN T vv WAR STAMPS People of Pacific Slope Have Loaned Government Huge Sum Since 1918 San Francisco Nearly Francisco Nearly early worth north of War Savings and Thrift Stamps have bave been sold old b by the govern ment In the Twelfth Federal District since Uncle Sam Sum opened his thrift campaign in 1918 to help finance the war In other words said Robart Rob Rob- Robert art ert rt E E. E Smith director of ot the War Loan Organization in the Tw Twelfth rth District the people of California Oregon Washington Idaho Nevada Utah and part of ot Arizona ba have va added that much to the working capital of or the nation and the West out of ot their savings notto not notto notto to mention the tremendous sum they have saved by purchasing Liberty Bonds Of or course ninny many persons person who bought Thrift and War Savings Stamps have cashed in their securities with amaze Ie lag Ins shortsightedness but the wiser purchasers are holding their stamps until they maintain their full maturity value alue Those persons who ho have cashed In tn their War Stamps or their Lib Liberty Bonds and have spent the money have lost twice the amount they saved because no matter what they bought they paid nearl nearly twice as much for tor it as they would have paid less than five years ears from tram now said Smith Prices ba have ve risen more than per percent percent percent cent since 1914 They will drop at least 50 60 per cent In the next few tew years and will eventually get back to the 1914 Now Is the time to save Smith who Is a successful financier said We have havo high prices because of the expansion of ot credit and consequent conse coose quent inflation We wont won't have low prices until the people contract the currency by saving Save by Investing Invest ing lag In government securities |