Show YOUR MONEY AND THE government contributed the united states government is making a strong effort to induce people to invest in its choicest security the new treasury savings certificates there is a twofold two fold purpose in this effort one is to secure money to meet obligations that were incurred during the great world war and the other is to establish a savings system for the people for many years the government would not do anything in nuances finances that looked like engaging in business and a nd could be done by individuals or corporations then came the universal demand for a postal savings system and in ili 1910 a very carefully guarded law was wag passed limiting the interest to 2 per cent a year but even at that low rate of interest postal savings was successful and the deposits have reached over thousands upon thousands of people principally those of foreign birth trusting the government placed their funds in postal savings postal savings demonstrated one fact of great importance which was that many people would trust no other banking institution A further important fact was that postal savings did not draw depositors from regularly established savings institutions tut ions but instead increased their number postal savings drew money front from hiding places and put it in circulation cu but times have changed interest rates have advanced the government itself has determined that the 2 per cent rate is too low besides the government found it necessary to sell billions of securities to finance the war and it will have to sell billions more to redeem refund and readjust the loans it made under tinder the severe stress and storm of war the gove government rn must be fair to ta the 1 e people and when it borrows their n money ioney it wants to pay them a fair rate of interest the war loan demonstrated that the people would lend their th air money and really wanted to become interested in government investments if a system would lie le devised that was simple and safe the lessons of postal savings of the war and of its thrift and savings stamps brought forth tile the treasury savings certificates which have become known as tile the best investment offered by the government these certificates are issued in denominations of 25 and 1000 they are sold to the people for 20 80 ail and SOO if allowed to run to maturity a period of five years they are redeemed at their full face value thus paying interest at the rate of 25 per cent for the full five year car period compounded semiannually semi annually they are exempt from all state county and local taxes save estate and inheritance taxes and the normal federal income tax that makes them one of the best investments issued more than that they are absolutely sol safe they cannot depra elate they are redeemable at any time the holder receiving the full amount of the purchase money with interest at about 3 per der cent next to the high rate of interest and safety of the investment is the easy manner in which they may be obtained they can be purchased at any money order postoffice post office at federal reserve banks and other banks or can be purchased direct from the U S government savings system treasury department washington D C one of the greatest merits of this new system of 0 finance between the people and the government is that it will bring out the hoarded boarded money the money that is lost and also the money that vanishes when invested in ili glittering propositions offered by tile the unknown and irresponsible glib talker or fraudulent promoter the government is now in a position to do financial business with all of its and help them save their hard earned money |