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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 ...
1942 War Savings Stamp. ... The smallest denomination war bond cost $18.75, redeemable after ten years for $25. Stamps were issued in denominations of 10, 25, and 50 ...
In the United States Postal Savings Stamps were introduced in 1911 [2] and War Savings Stamps were issued during both World Wars. Savings stamps are worth their face amounts; the denominations are $0.10, $0.25, $0.50, $1, and $5. The sale of savings stamps was discontinued on June 30, 1970. [6]
In an attempt to recoup some of the costs of the War of 1812, the post office doubled its rates, which had last been increased in 1799. Deliveries of 40 miles of less, which had cost 8 cents, were ...
Plotting the data in the previous table yields the adjacent graph. The dark area shows the actual price of the stamp, while the light area shows the price adjusted for inflation in 2019 U.S. cents. This plot shows that, despite the nominal rise in the cost of a first-class stamp, the adjusted cost of a stamp has stayed relatively stable.
A British 1951 savings stamp. The National Savings Movement was a British mass savings movement that operated between 1916 and 1978 and was used to finance the deficit of government spending over tax revenues. [1] The movement was instrumental during World War II in raising funds to support the war effort. In peacetime the movement provided an ...