War
Savings Stamps
During
the United States involvement in World War I (19171918),
large-scale posters such as Haskell Coffin's Joan of Arc
Saved France constituted just one form of advertising
used to sell Liberty Loan bonds and War Savings Stamps. Because
the first World War cost the federal government more than
30 billion dollars (by way of comparison, total federal expenditures
in 1913 were only $970 million), these programs became vital
as a way to raise funds through the bond drivesa precursor
of modern savings bonds. The government had to point out in
posters and elsewhere that bonds paid interest, so unfamiliar
were ordinary people with the concept. Nonetheless, even selling
stamps in denominations as small as 25 cents, the government
sold a billion dollars worth of the stamps. The Liberty Loan
and War Savings Stamp drives, which drew heavily on English
and European models, serve today as powerful symbols of the
extraordinary mass mobilization during the warthe attempt
to recruit the entire population into the war effort.
Click here
to see a United States Government Thrift Card designed to
help citizens save their stamps.
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