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Newspaper
Weston Leader
Location
Weston, Oregon, United States of America
Date
Oct 10, 1919
Page
2
A fragment from Weston Oregon newspaper lists advertising rates and local notices. The snippet mentions regular per inch and transient rates, locals per line, and post office filing as second class mail matter.
The piece urges universal effort to cut waste and save for a dire national economy. It warns against complacency from wealth and calls for collective thrift through government securities like Thrift and War Savings Stamps and Treasury Savings Certificates.
An article fragment discusses war time thrift and peace time saving as a social aim. It references debt and a speculative society, mentioning Uriah Heep and William Gibbs McAdoo in a quoted context from Pictorial.
The new Treasury certificates come in $100 and $1000 denominations called Baby Bonds. They are tax free except for certain taxes, carry 4 percent interest compounded quarterly, mature January 1 1924, and can be cashed before maturity with accrued interest. They never depreciate and are government guaranteed, registered in Washington, with purchaser name inscribed. Certificates are in book form of ten, $100 equals twenty War Savings Stamps, $1000 equals two hundred stamps. available at post offices and banks. Monthly price progress shows gradual increases. $100 certificates rise about 20 cents, $1000 by $2. Some text notes Pershing, shortages, and other editorial asides.
A piece argues that immediate discipline is essential to saving and thrift. It urges young men to start budgeting with War Savings Stamps now, noting urgency and benefits. It mentions the Twentieth Century Club of Berkeley, California has formed twenty six War Savings societies with hundreds of women members.
War Department cancels contracts that would convert 15,000,000 Mille Bombe No. 11 grenades into savings banks for War Savings stamps buyers. Delivery halted. Treasury will award Certificates of Achievement instead. Orders nationwide are canceled. shipments were prepared for Allied forces in France.
Chicago magnates including J Ogden Armour Ernest Hamill and Julius Rosenwald abandon paid footwear as they boycott prices for new “good shoes.” A Dutch baroness linked to Rosenwald cannot obtain stock for a servant in an American factory while speculation about democracy and fashion spreads.
The piece notes rich men save by bidding down prices and avoiding costly items. It urges readers to trim indulgences, follow a frugal habit, and invest in War Savings stamps earning 4 percent quarterly, suggesting buying a stamp weekly for eventual growth.
Mrs Ethel Garfield Scott hosted a six course luncheon at the Dacres hotel in Walla Walla last Saturday to honor Mrs Lela Saling. Twelve covers were set at a floral table with pink roses and candles. Guests included Mrs Nesmith Ankeny Mrs John G Kelly Mrs William Chase Gardeli Mrs E N Christenson of Boston and others.
In the County Court of Oregon Umatilla County Ty the administrator James S Johns is named as administrator of the estate and has qualified. All persons having claims against the estate must present them within six months to Hartman Abstract Co at Main and Court streets Pendleton Oregon. Dated the 16th day of 1919.
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