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War savings stamps of the United States
War savings stamps were issued by the United States Treasury Department to help fund participation in World War I and World War II. Although these stamps were distinct from the postal savings stamps issued by the United States Post Office Department, the Post Office nevertheless played a major role in promoting and distributing war savings stamps. In contrast to Liberty Bonds, which were purchased primarily by financial institutions, war savings stamps were principally aimed at common citizens. During World War I, 25-cent Thrift stamps were offered to allow individuals to accumulate enough over time to purchase the standard 5-dollar War Savings Certificate stamp. When the Treasury began issuing war savings stamps during World War II, the lowest denomination was a 10-cent stamp, enabling ordinary citizens to purchase them. In many cases, collections of war savings stamps could be redeemed for Treasury Certificates or War Bonds.
==World War I Era==
The United States Treasury Department issued its first war savings stamps in late 1917 in order to help pay for the costs incurred through involvement in World War I. The estimated cost of World War I for the United States was approximately $32 billion, and by the end of the war, the United States government had issued a total of $26.4 billion in debt. Although national campaigns had aimed to sell $2 billion in war savings stamps, they ultimately accounted for about $0.93 billion, or 3.5 percent, of the total debt issued.〔Rockoff, Hugh. (2004). (UNTIL IT’S OVER, OVER THERE: THE U.S. ECONOMY IN WORLD WAR I ). NBER Working Paper 10580.〕〔United States Department of the Treasury. (United States Government War-savings Stamps )〕 Despite the low proportion of total debt purchased as war savings stamps, they represented real additional savings whereas other issues were at least partly monetized already.〔 In addition, government and society leaders utilized the war savings stamps program as a vehicle to teach the importance of saving and thrift.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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