The Daily Alaska empire Newspaper, June 23, 1942, Page 2

THE DAILY ALASKA EMPIRE—JUNEAU, ALASKA ; TUESDAY, JUNE 23, 1942 S d“ilIillll_liliImlllllimllmlll|IIHIIIIIIIIINllIillllII"lIINHlllIIIIlIIIIIIllIIllIIimmlIIIIIIIIIllIIIflllII"IIIIHMIIHIIHflHHflmIIIIIIIIIIIIIIIIIIIIHIIIHIIIIlIIIIHIIIII|||lmlll|IIIIIHMIIJIIHIIIII|IlllllllllllllflilllHfill“IIIIIIIIIlIfllllflfllllllmflflmfllIHIIIHIIINIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII[I_EL:-' FOR ALASKA——— FOR AMERICA— UMTED STATES WARBONDS EVERY PAY DAY T We Need ==reun« W(' Ne(’,d - More of These More of These £ Ww@% wauwe And Thes;e Keep pilching with United States WAR STAMPS and "WI” BONDS! Every Stamp and Bond you buy helps to call a A strike on America’s enemies . . . to save the lives of our fighting men . . . to bring the final Victory nearer. Keep buying ‘em — reqularly — so that our boys can keep pitching bombs and hand-grenades right straight at Japan's -home plate. Enlist YOUR current savings to save America’s Freedom. Help voluntarily — in the Americon way — to find the billions needed for Victory. SURE... C\ We met our quota for May . . Sure. . We will meet our quota for June . . But our quota for July has been stepped up to $10,000. Will We Meet 112 We will if we “Keep Pitching” . . dig a little deeper . . “We can take it" because we know its worth the Buy Defense Savings Stamps If it happens that you cannot afford to buy a Savings Bond, you can do your bit by buying Defense Savings Stamps—on sale everywhere. Alaskans Tell Us ‘Buy War Bonds’ (Seattle Post-Intelligencer) they wculd total approximately | b 5 it > &2 eight billion dollars a year. | © AiReke I DIClE SRG ARqHE porch The treasury department plans for | in this war on the Pacific. And may- financing the war call for the Am- i be you think Alaska don’t know it! | erican people to devote an nveragei They also know how the war is to | of 10 per cent of their incomes to | In denominations of 10 cents, 25 cents, 50 cents, $1 and $5, these are within everyone’s reach — boys and girls, housewives, yourig workers, clerks, soldiers and sailors. They ¥ do not earn interest, but each stamp buyer, with the purchase of his first stamp, receives an album in which to save stamps. TR RO The completed album can be exchanged for /l RS A Zll AGAIN I 0 00000000 A price we pay. Safety: United States Defense Savings Bonds the United States Government. The full faith and credit of the United "States Government are pledged for payment of both prin- cipal and interest on these bonds. Buying them is a quick and safe are direct obligations of way in which you can both serve your country and conserve your earnings. FOR VICTORY UNITED STATES SAVINGS BONDS STAMPS Spénsors: Sitka Hotel Ganty's Coliseum Theatre Alaska Drug & Jewelry Company Sitka Cafe Silver Foam Bayview Hotel Sitka Cold Storage Co. Northland Transporta- tion Company R. A. Evenson Marine Supply Co. be won—not by lay advice on mili- | tary strategy and tactics—but by | saying it with bonds. | If there were any place in the country where everyone might be expected to know something about | the technical aspects of modern war | it would be Sitka—location of the | first naval air base to b ablished | in the territory and today a teeming | hive of martial activity. And wi he people of Sitka doing? ckets to pay for a s published in in Alaska, to carry this message to all Alaskans: “Buy War Bonds — and more of them.” and organized labor have all been contributing to the cause. And we like particularly the presentation of the Sitka Central Labor Council. the quota of War Bond investments suggested by Sitka labor for men and we and salaries for their income. Here, in slightly eondensed form, is the table: If And you Inone | your weekly saveeach year you earnings are week will save $ 15-20 $ 0.75 $ 39 20-30 1256 65 30-40 200 104 | 40-50 4.00 208 | 50-60 6.00 312 60-70 8.00 416 70-80 10.00 520 80-100 12.00 624 100-150 20.00 1,040 150-200 35.00 1,820 | | There are in the United States ap- | preximately forty million people | within these income groups and if | their investments in Series E bohds ’were made at the rates suggested |in the light cf that knowledge. Contractors, local business houses | It includes, in simple tabular form, | who depend upon wages | War Bond purchases. It will be | noted that the tabulation, based upon the treasury’s advisory pro- gram, suggests savings of approxi- mately 10 per cent in the middle of the income schedule, slightly less from those of small incomes, slight- ly more from those above the $60 "mark. One thing should be added to this presentation. That is a showing of the advantages to the individual of | the interest earnings on these ap- | preciation bonds. | To get the amount that each indi- vidual will have at the maturity period, add one-third to each fiure shown in the last column. Series E bonds carry the highest interest rate. The largest amount that can be purchased in any one year is $5,000, which is enough to provide for 99 per cent of those who depend upon wages or salaries for income. Series F and G bonds, offered to larger investors, carry lower interest. rates. Yet corporations and indi- viduals, with large amounts of cap- | ital at their disposal, have actually | made larger investments in F and G bonds, combined, than the gen- eral public nas made in the more attractive Series E bonds, accord- {ing to treasury department reports | as of May 1. That picture is changing. Since January 1, Series E totals have been pulling ahead ot F and G. They will | go still farther ahead as more men |and women depending upon wages }and salaries recognize that bond | purchases spell both patriotism and | personal advantage. Some congressmen regard volun- | tary savings as ineffective and are | proposing a program of enforced | savings. It will not be necessary if |the average American recognizes " what the present program means, to ;t,he nation and to himself, and acts Progressive Sitka Brings You ITmportant News ========- an interest-bearing UNITED STATES Defense SAVINGS BOND. Sponseors: Ernie's Cocktail Bar Arcade Cafe Neill Andersen Pioneer Bakery First Bank of Sitka Holt's Men Shop Anchor Bar Frank Kelly Conway Dock Co. Moy's Chinese Restaurant W. R. Hanlon, Mayor Look to the Future: Every loyal American wants the right to say to himself, "I am do- ing something to help.” For this reason alone you will want to buy United States Defense Sav- ings Bonds. But there is another good reason for investing in these bonds to the full extent of your ability — they will help to safe- guard your own future. “KEEP PITCHING? O R OO O A R AR A g O R