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Show INSTRUCTIONS GIVEN FOR WAR SAVINGS j CAMPAIGN Arthur Woolloy, as executive secre- I tary of the Weber county committee having charge of the war savings campaign, says the city and county , are being thoroughly organized. A meeting was held last evening in the Weber elub rooms, attended bv twenty five of the workers, at which final plans were made for the forming form-ing of societies in every business es- j tabllshment employing six or more persons. The schools are now well : organized and the churches are be- ing brought in line. In i ructions received from headquarters head-quarters in Salt Lake follow: "Thrift education or propaganda whieh will permit permanent habits of saving and Investment. Is the basis i'P.n whieh the campaign -of 1919 Is being conducted, and Is the main measures relied upon to insure the immediate im-mediate sales of War Savings stamps "Thrift educaton in general answers two questions: WHY SAVE and HOW i SAVE1 and points to War Savings; stamps as not only a desirable investment, invest-ment, but the very best government! securit available. "The propaganda and advertisement I 'of BavIngS banks and other financial Institutions are not in any way opposed, op-posed, but on the contrary encouraged, encour-aged, inasmuch as they likewise assist as-sist In the establishment of community commun-ity habits of thrift and saving. "All undertakings with the idea of making -a large, sale of stamps within a short period are not desirable and in our opinion do nothing toward formulating a permanent saving and Investment habit, and have onlv the temporary result of making forced sales of stamps which are redeemed within a short time after purchase. Under this category comes street selling sell-ing and all spectacular methods which were used in different parts of the country last year to force the sale of stamps We believe these methods of I sale would prove in the long run highly high-ly detrimental to a continued and permanent sale of these small denominational denom-inational government securities. We are only anxious to promote the sale! of wai savings stamps and thrift! stamps by any means which will lay the foundation for a permanent sale of these stamps or small government se-j se-j c unities. "The primary appeal is enlightened self-interest or the investment motive. mo-tive. The campaign shows to the purchaser pur-chaser the advantage in saving for an emergency and points out to him the value of savings stamps as a safe investment, in-vestment, paying as high a rate of interest in-terest as is consistent with safety, and enumerates the benefits to the individual to be derived from regular saving for some specific purpose. "The second motive is good citizenship citizen-ship and peace time patriotism of an investor in government securities. The I campaign brings out the value of having hav-ing the citizens of the government also have a part In financing it. Also shows the benefits to the country and Individual. communities thereof of the 'practice of thrift and saving by its citizens ci-tizens and how this will help in ihe readjustment following the war period in whiih we are now living. "In 1918 the question of the personal per-sonal benefit to the individual who practiced thrift was purely incidental and quite properly was given a secondary secon-dary place in the War Savings campaign cam-paign With the signing of the armistice armis-tice however, a decidedly different condition was brought about in our community life. The treasury department depart-ment felt that with this change the habits of wise investment, careful spending and intelligent saving, which were made necessary by the war. would be a great benefit to the people of this country if made permanent peace time habits Therefore, the 1919 savings campaign is being conducted con-ducted with the primary object of making the habits of thrift and Investment In-vestment in small denominational government gov-ernment securities a permanent Am-' erican institution. "In further conducting Ihe 1919 sav ings campaign a foundation is being constructed upon which will rest a permanent propaganda of doctrines of thrift and savings, with its headquarters headquar-ters In the savings division of the Cnitod States treasury already organized organ-ized and forming a part of tlie treasury treas-ury department of our United States. The savings division of the treasury, With the idea of securing uniformity of policy in all the states during the transition period, is suggesting a general gen-eral policy to be followed by the directors di-rectors of savings in the twelve Federal Fed-eral Reserve districts, as well as the state directors of war savings campaigns. cam-paigns. The campaign in Utah thus far. has been conducted along Ihe lines suggested and the results obtained to date apparently warrant a continuation continua-tion Of Ihe same policy. In December "i 1918 Utah stood fourth in the galaxy gal-axy ..I states; in January, 1919. third; the results for February have not been obtained. "To encourage permanent investments invest-ments in war savings stamps, showing people the value of holding their stamps until maturity and encouraging Investment with that end In view, are the means relied upon to pick up the infe'-t. v.liich in December and January Jan-uary placed Utah among the leading -tads of the nation. Certainly Utah for the entire year of 191 in selling $12.61 worth of stamps per capita for every man. woman and child in Utah, including over 30,000 men under arms and out of the state In the Bervice of their country, not to mention the large number of inmates confined within the walls of siate Institutions, can be highly high-ly complimented As a matter of fact all the money Utah had to invest in any kind of securities came from her soil. "1 he remarkable work In 191 8 done by the state director of war savings and the committees working under his direction, in which the people of the state so loyally aided, placed Utah in excess of 33 per cent over tho average aver-age ti the states in the union in the sale of war savings stamps. This record for 191S entitles State Director Direc-tor George T. Odell and his fellow workers to the support of all loyal 1 Itlzena in conducting the campaign for 191, which already has been no energetically undertaken. The greatest great-est assistance which the individual (Hien can render in insuring the success of the 1919 war savings campaign cam-paign is to practice and encourage the regular ajid nermanent invest- ment in war savings stamps, to realize real-ize and expound the value of holding stamps purchased until maturity anil to practice and encourage investment with that end in view. "The fact that the stamps are readily read-ily redeemable in case of an emergency emer-gency need not be forgotten and certainly cer-tainly adds to their value. The treasury' treas-ury' department urges that this fact be emphasized and that while pointing point-ing out to the holder the advantage of retaining his stamps until maturity, matur-ity, it is hoped no attempt will be made by any of the war savings workers work-ers to make the investor hold the stamps againrt his will or against his interest, and postmasters will do nothing lo hinder inestors redeeming redeem-ing stamps when they so ciesire. "It is to be remembered that the stamps were sold and are being sold today with the specific agreement that the government will redeem at any time upon ten days' written notice, and it is the desire of the treasury department that all officials assist in keeping this government pledge by redeeming the stamps without question ques-tion whenever the application Is made, without coercing the owner into holding hold-ing them against his will. "It is to be remembered that persons per-sons who are coerced or forced to hold their stamps against their will, will most certainly become strongly prejudiced preju-diced against war savings stamps and will probably never, under any circumstances, cir-cumstances, purchase them again. If this feeling became general in any part of the country, although it might temporarily reduce the redemptions, it would defeat Its own purpose, that of aiding the government to secure funds, by making the further sale of stamps almost impossible. "As a matter or fact in Utah the redemption of stamps is not a serious problem. The rate at which they are being redeemed continues 10 lessen. If stamps were to be redeemed for the balance of the year at the rate at which they have been reaeemed to date, a little more than one million dollars worth of stamps (maturity value 1 wuuld be turned in during the entire year, leaving a balance held of nearly eight million dollars of the stamps purchased in 1918. "Ono ol the features of war savings stamps whieh make them attractive to people of moderate means, is the fact the) can be redeemed readily and arcs not liable to fluctuation in value, as is the case with other securities, ; 11 the time pointing out to investors the advantage 01' keeping them for the mil time and thus obtaining the highest rate of interest. "An active campaign throughout the schools of the state has already been undertaken and is under the immediate imme-diate direction of State Superintendent Superintend-ent of Public Instruction Dr. E. G. Gowans, and a committee appointed by the county and city superintendents superintend-ents of public schools. This commit -ie consists of the following proud, nent educators of the state: Dr. E. E. Erickson of the University of Utah. Salt Lake City. Dr. E. G. Gowans, slate superintendent superin-tendent of public instruction, Salt Lake City. Dr. Geo. R. Hill, state agricultural college, Logan, Utah. .Mr. D C Jensen, superintendent Jordan district schools. Dr. Ernest A Smith, superintendent of city schools, Salt Lake City. Capt. Henry D. Movie, assistant state director of war savings. "This committee has divided the work In the schools into four divisions divi-sions and has prepared schedules of instruction to cover two hours ol" class work per week for the remainder of the present school year, and is preparing pre-paring similar schedules for the coming com-ing school year. "Here likewise the campaign par-lake par-lake of a permanent nature and there Is no doubt but that thrift and saving sav-ing i ill hereafter form a part of the regular school curriculum "Croat credit in due to the teachers of the state who have so willingly become the authorized agents of the treasury department for the sale of war savings and thrift stamps, giving thereby to each pupil the opportunity of practicing thrift in the school. Let it be said that this is another example ex-ample of the patriotism of the teacher teach-er who in each event must invest of his or her small income in purchasing purchas-ing the thrift and savings stamps to be kept on hand. This we are stirn is 1 inly one of the great many equally as good reasons why the teachers of the state should receive greater compensation com-pensation for their services." 00 |