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Show Fifty Million Americans Own War Bonds and Stamps Patriotic Paper Doing Grand Job Financing War WASHINGTON, D. C. Millions Mil-lions of pieces of paper, large and small, bearing illustrations illustra-tions and type imprinted by some of the most intricate processes known to the graphic arts, and guaranteed by the safest, soundest' government gov-ernment on earth are helping to arm America in the war effort. These pieces of paper are war bonds and war stamps, produced by the bureau of engraving and printing of the treasury department. Since May l, 1941, when the treasury department's de-partment's (then) defense saving program was launched more than 50 millions of Americans have become possessors of these pieces of paper for which they have paid approximately approxi-mately 12 billion dollars. Since the first deliveries of these bonds and stamps in March and April, 1941, there have been 150,775,000 bonds and 2,779,679,000 stamps of all denominations de-nominations printed and delivered. deliv-ered. The total issue price of series E, F and G bonds amounts to more than $11,694,167,000, with the face value of stamps totaling $615,422,000. Since production was started, more than 500 employees em-ployees a day have devoted their full time to this work. Completed bonds are delivered, upon requisition, to the division of loans and currency, treasury department, depart-ment, and the finished stamps are sent to the post office department for distribution throughout the United Unit-ed States. The bonds, issued in three series, E, F and G, are highly ornamental products of the printers and engravers engrav-ers art, and like all government securities, se-curities, every precaution is taken to guard against forgery and counterfeiting. coun-terfeiting. The Series E, or Peoples bonds, are printed in five denominations, denomina-tions, namely, $25, $50, $100, $500, and $1,000. All war bonds are 8 by TVs inches. Series E bonds carry the portraits of five former Presidents Presi-dents of the United States, one for each denomination, i Production of war bonds involves numerous intricate operations. The design is first embodied in a model made by a skilled designer in the engraving division, where every form of government security has its origin. When finally approved by the secretary of the treasury, the design is then reproduced in steel by specialists spe-cialists in the various kinds of engraving, en-graving, such as portrait, vignette, ornamental, or letter. After many and varied processes, by which the design is transferred to an engraved steel printing plate, the new security is ready for the printer. ; The printing ink is manufactured in the bureau by mixing dry colors, bases, oils, etc., in large mixing machines, after which it is passed through steel roller mills fo? grinding grind-ing to the proper degree of fineness. The distinctive paper is made in Massachusetts under the direct supervision su-pervision and protection of the government. |