CHART C COMMUNITY MARKET To have 1,500,000 persons signed up on regular purchase Bond-a-Month plans. AAAAA!} PROFESSIONAL AND SELF-EMPLOYED (SYMBOL EQUALS 200,000 60AL 1,500,000 ACCOUNTS BY JUNE 30'53 CHART D FARM MARKET TO HAVE 2,000,000 FARM OPERATORS BUYING BONDS REGULARLY... 500,000 FARM OPERATORS BUYING BONDS REGULARLY (SYMBOL EQUALS 200,000 PERSONS GOAL 2,000,000 BY JUNE 30'53 CHART E THE SECOND SALES FRONT Expansion of program to sell the automatic extension plan to holders of maturing Series E Bonds. This is entirely NEW and vital phase of Savings Bonds sales program with a VAST POTENTIAL, amounting to $ 21.5 BILLION in the next 5 years. CHART I SERIES E UNIT SALES BY DENOMINATIONS 1951 UNIT SALES HIGHEST FOR FIVE YEARS $25 AND $50 PIECES TOP 1950 BY 17% CHART K COST OF SALES PROMOTION ... AS A PERCENT OF SALES Mr. CLARK. Also, you spoke of increased stamp sales, that is just a reflection of greater interest. You see, the stamps are generally bought by the school children. Senator KILGORE. I know. Mr. CLARK. We have just added almost 5,000 more schools in the last 4 months which are participating in the thrift campaign, and that, I think, accounts for it. Senator KILGORE. We have been going into the question with other agencies here on the question of, shall we say, using these cardboard things in lieu of money orders, checks and things. What effect do you think that would have were we to try to use that same thing on bonds for punch-card machines? I will ask both of you that question. Mr. CLARK. I would not be able to answer that. SUITABILITY OF PUNCH-CARD BONDS Mr. KILBY. My answer would be that we did experiment with a punch-card bond in paying the Armed Forces leave bonds. There were about 10 million members of the armed services that were entitled to pay for accumulated leave. That was taken care of by the Armed Forces Leave Act. We actually issued punch-card bonds and paid off something over $2 billion to over 10 million veterans. The operation was an extremely interesting one. I hesitate to say whether it would be feasible to use that sort of bond on this kind of program where you are selling some 60 or 70 million bonds a year as against this trial run of 10 million. Senator KILGORE. My thought is this, and it was suggested to me by some members of the staff that it would probably be cheaper than |