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Marcosson, Isaac Frederick, 1876-1961

"The War After the War"


Employees can sign an authorisation for a certain amount to be taken
each week or month out of their wages. They get accustomed to having
two, three, four or five shillings lifted out of their wages and thus
their saving becomes automatic.
Often the employer helps the movement by contributing either the first
or last sixpence of each Certificate or offering Certificates as bonuses
for good conduct or extra work. When one small employer that I heard of
pays his men their War Bonus, he gets them, if they are willing, to
place two sixpenny stamps on a stamp card, for which he deducts
tenpence. The employees are thus given twopence for every shilling they
save. When these cards bear stamps up to the value of 15/6 they are
exchanged for War Savings Certificates.
No field has been more fruitful than the public schools where the thrift
seed has been planted early. In hundreds of public educational
institutions Savings Clubs have been formed to buy Certificates. In
Huntingdonshire, where there were less than 150 pupils, more than $35.00
was subscribed in a single morning. At Grimsby a successful trawler
owner gave $5,000 to the local teachers' association to help the War
Savings crusade. A shilling has been placed to the credit of every child
who undertakes to save up for a War Savings Certificate, the child's
payments being made in any sum from a penny up. Ninety-five per cent of
the children in the town have begun to save.


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