War savings stamps
Encyclopedia
The war savings stamp was a patriotic program used by the United States Treasury
United States Department of the Treasury
The Department of the Treasury is an executive department and the treasury of the United States federal government. It was established by an Act of Congress in 1789 to manage government revenue...

 to help fund participation in World War I
World War I
World War I , which was predominantly called the World War or the Great War from its occurrence until 1939, and the First World War or World War I thereafter, was a major war centred in Europe that began on 28 July 1914 and lasted until 11 November 1918...

 and World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...

, and was principally aimed at school-age children. Savings stamps
Savings stamp
A Savings Stamp is a stamp issued by a government or other body to enable small amounts of money to be saved over time to accumulate a larger capital sum. The funds accumulated may then be used to make a larger purchase such as taking out a savings bond or to pay a large upcoming bill...

 were available in ten cent
Cent (currency)
In many national currencies, the cent is a monetary unit that equals 1⁄100 of the basic monetary unit. Etymologically, the word cent derives from the Latin word "centum" meaning hundred. Cent also refers to a coin which is worth one cent....

 and twenty-five cent versions, and provided interest
Interest
Interest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. It is most commonly the price paid for the use of borrowed money, or money earned by deposited funds....

. In some cases collections of stamps could be redeemed for war bond
War bond
War bonds are debt securities issued by a government for the purpose of financing military operations during times of war. War bonds generate capital for the government and make civilians feel involved in their national militaries...

s.

Slogan

Every Scout to Save a Soldier was a slogan used to motivate Boy Scouts
Boy Scouts of America
The Boy Scouts of America is one of the largest youth organizations in the United States, with over 4.5 million youth members in its age-related divisions...

 and Girl Scouts
Girl Scouts of the USA
The Girl Scouts of the United States of America is a youth organization for girls in the United States and American girls living abroad. It describes itself as "the world's preeminent organization dedicated solely to girls". It was founded by Juliette Gordon Low in 1912 and was organized after Low...

 to help sell the stamps.

Similar schemes

During World War II Mennonite Central Committee
Mennonite Central Committee
The Mennonite Central Committee is a relief, service, and peace agency representing 15 Mennonite, Brethren in Christ and Amish bodies in North America. The U.S. headquarters are in Akron, Pennsylvania, the Canadian in Winnipeg, Manitoba.-History:...

 offered red Civilian Public Service
Civilian Public Service
The Civilian Public Service provided conscientious objectors in the United States an alternative to military service during World War II...

 stamps and blue War Sufferers' Relief stamps for ten cents each. The purpose was to help fund peaceful programs and offer an alternative for children from families who could not conscientiously
Conscientious objector
A conscientious objector is an "individual who has claimed the right to refuse to perform military service" on the grounds of freedom of thought, conscience, and/or religion....

 fund the Red Cross. The Brethren in Christ had a similar program for their members.

External links

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