Women and War Work

given their lives, there are millions who have given up comfortable homes and exchanged them for a daily communion with death. Multitudes have given up those whom they loved

RIME M

be in some cases, perhaps temporarily obscured, by hardship, injustice and suffering, but it is there and

KINDERSL

e urgent, and there is no greater work than the work of educating the peopl

ing in it many of our most able financiers and economists-such men as the future chairman of the National War Savings Committee, Sir Robert M. Kindersley, K.B.E.; C.J. Stewart, the Public Trustee; Hartley Withers, Lord Sumner, T.L. Gilmour, Theodore Chambers (now Controller of the National War Savings Committee), Evan Hughes (no

be to create machinery by which the small investor might be assisted to invest in State Securities, and secondly, to educate the country as a whole on the imperative need of economy. The Lords Commissioners of His Majesty's Treasury set up the National War Savings Committee

g up Local Committees, which are established in towns with under 20,000 of a population, and we put a group of parishes together in rural districts under one Local Committee. All towns, cities and boroughs over 20,000 population are set up by Headquarters and have Local Central Committees. There are n

Y NATIONAL WAR

17, when five billion dollars was raised (￡1,000,000,000) and over eight millio

rable at that time and assisted mat

, because, it was explained, the War Savings Committees are the best organized and most thoroughly democratic Government organization in the country. This propaganda was also done with marked suc

l the money needed by the wisest borrowi

untry for the work, and the only charge is Headquarters Staff and propaganda expenses. The County Secr

r cent. The interest begins at the end of the first year and the certificates can be cashed at any time at the Post Office with interest to the date of cashing. The War Savings Certificate has the additional advantage that its interest is free of income tax, and in a country where income tax begins above ￡1

oint a Secretary and Treasurer and then apply for recognition to their Local Committee, or if there is not one, to the National Committee. They are given an affiliation certifica

ptions down to 2 cents have done wonderful work and the teachers have done a great deal to make our movement what it is. We find the children do the best propaganda in the homes. One teacher, after explaining to his children what it all meant in the mor

ht nine sovereigns to one of our Secretaries one night, and asked her to invest it to help the soldiers. She said, "Why did you bring it to me?" and he said, "Because its se

Bank Book scheme and a Stamp scheme in which the member holds a card which takes thirty-one 12-cen

p given by the National Committee) in War Savings Certificates, so that when members finish subscribing for a certificate, instead of getting one dated the day they fi

ved-never give any one a Certificate dated earli

. We had to fight the strongly held conviction that of all sins the

travagant way-that pianos and fur coats appealed far more than war savings certificates. The official people in the towns when we approached them about conferences said much the same in some cases, but, yes, of course, you could come and have a conference and the Mayor would preside and you could try. And you did, and in six months they had dozens of associations and thousands of members and had sold some thousands of certificates. We sell about one and a half million certificates a week and have sold about 140 millions since March, 1916. The appeal that won them was not only the practical appeal of

ed that we shall succeed in the great national work we are setting out to perform. However difficult our task may prove, however serious the times ahead, this spirit will carry us safe

ent of our total expenditure. We have met some other part of our expenditure in the three years of war by using our gold reserve very heavily; a great deal of it in payments in America, where you now possess more than a third of the gold of the entire world. We

this creation an addition to the buying power of the community, but if everybody goes on spending no addition to the productive power, so it only creates high prices

r or more calculated to make progress, and the changes after the war which will come, sound and steady than widely-spread, democratically-subscribed loans. These vast debts will have to be paid by the ability, productiveness and work of all, so it is in the highest d

TLY ISSUED BY THE NATION

em that cannot be left to our children (though the debts incurred in securing the credits may be) is the problem of finding every day over $30,000,000 worth of material and labour for the struggle. War s

damage would be done to the nation's economic position. The thing to be clearly realized is that all the productive effort of the nation is needed for three things-the carrying on of the war-the production of necessaries and the manufacture of goods for export. Every civilian who uses material and labour unnecessarily makes these tasks harder and goes into the markets as an unfair competitor of the Government. Ever

are limited-in our case that is greatly added to by the submarine menace-and the demands of the Government are enormous. The competition between the Government and the people grows more and more intense. Prices go still higher. The Government pays more than it should and so do the peop

n of wealth. War prosperity comes from the dissipation of wealth-the use of all resources-the pledging of credits. It is just as if we, as individuals, to meet a personal crisis, took all our personal savings and borrowed all we could and proceeded to spend it. The wise man or woman will save all of it they can and realize that every unnecessary dollar spent he

esponsibility, moral and social. It is impossible to expect workers to save if they

and then go out and spend it lavishly might just as well have slacked at their work. The ultimate effect is the s

and wonder if the effort to save is worth while, but if every person in America saved 2 cents a

ds labour for ships and relieves the demands on tonnage, finds supplies. It is the fundamental service of the civi

ational Committee and doing a great deal of its organization. Our men in the trenches, in the air, at sea, endure for us what we would have said before the war was humanly unendurable.

ngs compared with our men. Shall

F BEFORE

, ISSUED B

EFORE Y

E OF H

ER BO