The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1864-11-01
transmission OF Money by BalI.

The postal money-order system is K
be put into operation in this city, and
at other designated points throughout
the country, to day. 1t is intended to
promote public convenience by afford
ing a cheap, immediate, and safe agency
for the transmission through the mails
OF small sums of money for which
bank drafts cannot readily be procured
The mode by which safety is secured
consists in leaving out of the order the
name Of the payee or party for whom
the money is intended. In this res
pect money order differs from an or.
binary bank draft or check When a
money order is applied for, the postmss-
ter will furnish the applicant with q
printed form Of application, in which
the latter will enter all the particulars
Of amount, name, address, &c, required
to be stated in the money order and
advice. From the items contained in
such application the postmaster viii fill
up the money order and also the cor
responding form of advice
The order, when completed, is hand
ed to the applicant, upon payment of
the sum expressed therein and of the
fee chargeable thereon, ,cAicl zee miast
Invariably Be paid ~ money, postage sisrps
rot being receivable therefor BY the mail
Immediately following the issue Of
money-order, the postmaster transmits
the corresponding advice to the post
master at the Office upon which it ia
drawn. The latter is thus furnished,
before the order itself can be presented,
with all necessary information to de
tect fraud, if any should be attempted.
Any Office may draw upon any other
Office in the list of money order offices
for a sum, upon one order, from one DOL,
Ls to thirty dollars. But when a larger
sum than the latter is required, add
tional orders to make it up, must be
obtained
Rates Of commission charged for
money orders:
On orders not exceeding $40, I0cents
Over $40 and not exceeding 500 l5cents
Over $50 and up to $50, 20 cents.
No money will be received FOR orders
except coin, United States notes, or
notes Of the National banks, and orders
cannot be paid in any other currency
A money order is rendered invalid am
less it is presented 10 the postmsst r
Oh whom it is drawn within ninety
days fromits date; bat the Postmaster
General can issue a new order on the
of the payee upon the pay
ment of . second fee The same course
IS 70 be pursued in case the order is
lost In this case, the payee is to
Furnish statement, under oath, that
The order has been lost or destroyed.
accompanied by the certificate Of the
that il has not been paid and
will not be paid if thereafter presented.
The psyee may transfer his order to
another person by endorsing it upon
Inc back. Persons, therefore, residing
It places other than those designated
N the list Of money-order Offices can
avail themselves of the advantages Of
his system but an order cannot be
endorsed twice In commencing the
operation of the system, ii has been
leemed expedient 10 begin with the
arger post offices only
Below will be found list of the Mon
y Order Offices in the United States
Irranged by States. Soldiers viii do 4
yell 10 preserve this list FOR reference.
This system Is great convenience
or renting small sums Of money.
MASE-AugustA, Bangor, Easport, |
Cortland