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".../ urge employers<br />
to install the<br />
Payroll Savings Plan... 99<br />
M. B. FOISOM<br />
Treasurer, Eastman Kodak Company<br />
"Continued saving will play an important part in protecting us against a<br />
renewal of inflation. The person ivho saves contributes to the nation's stability<br />
and to his family's security. He can notv also obtain a higher return on his<br />
investment than he could in the past, because oj the improvements in Defense<br />
Bonds notv offered by the U. S. Treasury. I urge employers to install the<br />
Payroll Savings Plan wherever practicable, and employees to take advantage<br />
of such plan. By investing regularly in improved Defense Bonds, Americans<br />
serve their nation's interests as well as their otcn."<br />
If your company does not have the Payroll Savings<br />
Plan-<br />
Please tear out this page and send it to the "Big<br />
Boss." Urge that he read, carefully, Mr. Folsom's superb<br />
summary of the Payroll Savings Plan and its<br />
benefits for employers, employees and our country.<br />
The following figures should be particularly interesting<br />
to anyone not familiar with the wide adoption<br />
and the steady growth of the Payroll Savings Plan:<br />
• 45,000 companies offer their employees the Payroll<br />
Savings Plan.<br />
• since January 1, 1951, enrollment in The Plan has<br />
increased from 5,000,000 to 7,500,000.<br />
• in some companies, more than 9090 of the employees<br />
are systematic bond buyers— in literally thousands<br />
of other companies, employee participation runs<br />
60%, 70%, 80%.<br />
• payroll savers are putting aside $150,000,000 per<br />
month in U.S. Defense Bonds.<br />
• the cash value of Series E Bonds held by individuals<br />
on December 31, 1951, amounted to .$34.8 billion-<br />
$4.8 billion more than the cash value of Series E<br />
Bonds outstanding in August, 1945.<br />
Phone, wire or write to Savings Bond Division, U.S.<br />
Treasury Department. \^'ashington Building. Yi'ashington,<br />
D.C. \our State Director will show vou how easy<br />
it<br />
is to install and maintain the Payroll Savings Plan.<br />
If you hove a Payroll Savings Plan, your State Director will show<br />
you how to build employee participation through a person-toperson<br />
convoss that puts on Application Blank in the hands of<br />
every employee. That's oil you have to do— your employees will<br />
do the rest.<br />
He(<br />
lor<br />
c<br />
The U. S. Government does not pay for this odvertising. The Treasury Department<br />
thanks, jor their patriotic donation, the Adverusing Council and<br />
BOXOFFICE<br />
76.D BOXOFFICE :: December 27, 1958
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