Boxoffice-December.20.1952

^^. . . / urge employers
to install the
Payroll Savings Plan... 99
M. B. F0L80M
Treasurer, Eastman Kodak Company
"Continued sating iviU play an important part in protecting us against a
renewal of inflation. The person tvho saves contributes to the nation^s stability
and to his Jamily^s security. He can now also obtain a higher return on his
investment than he could in the past, because of the improvements in Defense
Bonds noiv offered by the V. S. Treasury. I urge employers to install the
Payroll Savings Plan wherever practicable, and employees to take advantage
of such plan. By investing regularly in improved Defense Bonds, Americans
serve their nation''s interests as well as their own."
If your company does not have the Payroll Savings
Plan-
Please tear out this page and send it to the "Big
Boss." Urge that he read, carefully, Mr. Folsom's superb
summary of the Payroll Savings Plan and its
benefits for employers, employees and our country.
The following figures should he ])articularly interesting
to anyone not familiar with the wide adoption
and the steady growth of the Payroll Savings Plan
• 4S,000 companies offer their employees the Payroll
Savings Plan.
• since January 1, 1951, enrollment in The Plan has
increased from 5,000,000 to 7,500,000.
• in some companies, more tlian 90% of the employees
are systematic bond buyers — in literally thousands
of other companies, employee participation runs
60%, 70%, 80%.
• payroll savers are putting aside $150,000,000 per
month in U.S. Defense Bonds.
• the cash value of Series E Bonds held by individuals
on December 31, 1951, amounted to S34.8 billion-
$4.8 billion more than the cash value of Series E
Bonds outstanding in August, 1945.
Phone, wire or write to Savings Bond Division, U.S.
Treasury Department, Washington Building. ^ ashington,
D.C. Your State Director will show you how easy
it is to install and maintain the Payroll Savings Plan.
If you have a Payroll Savings Plan, your State Director will show
you how to build employee participation through a person-toperson
canvass that puts an Application Blank in the hands of
every employee. That's oil you have to do— your employees will
do the rest.
The v. S. Government does not pay jor this advertising. The Treasury Department
thanhs, jor their patriotic donation, the Advertising Council and
BOXOFFICE
'^:,;-
BOXOFFICE December 20, 195.