Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1864-10-29

is given only in the letter Of advice mem
toned above, which is sent Immediately
from the Office at which the money-order
is drawn to the that at which it is to be
paid, arriving there before the order itself
can do. Should money-order fall into
the hands of a dishonest third person,
therefore, he cannot use it. being Ignorant
of the name of the psyee, which is given
in the letter of advice. The orders are
made out on printed forms, and none are
valid which are not given on these forms.
All money-Orders must be properly
filed up and stamped. When a
order is presented for payment, it is care
fully serntinized and compared with the
letter of advice, no postmaster being al
lowed under any circumstances to cash g
a money-Order until the letter of advice IN
reference to it has been received. The
payee is identified and his signature OBJ
tanned to tie receipt on the face Of the or
der. A uoney order may be sold like a
draft, the payee by endorsement directing
payment to be made to the purchaser
More than one endorsement is, however
prohibited by law and will render the or
der invalid and not payable.
If the purchaser of a money or der, from
having made an error in stating
the name of the office for payment, name
of payee, or for other reasons, desires to
change it, the old order will be cancelled
and a new one issued by the issuing post
mater, an additional fee being charged.
Any money-order Office may repay an or
der issued by itself, if repayment be ap-
applied for on the day of the issuing of the
order, and then only to the person who
obtained it, except under special circum-
stances. When a money order has been
lost by either remittee or psyee, dupli-
cate thereof will be issued to the party
losing the original, provided he shall fur
nish sworn statement setting forth its
loss OF destruction and certificate from
the postmaster by whom it was payable
that it had not been paid and would not
thereafter be psyed if presented. A second
fee will be CHARGED for the issue of dupli-
cate orders.
The following rules should govern those
sending orders
Ist. To take all means to prevent the
loss of money order.
2nd. Never TO send the moneyorder in the
same letter with the information required
on payment thereof.
3rd To be careful on taking out q
money order, to state the christian name
as well as the surname, of the person in
whose favor it is to be drawn.
4th. To see that the name and address
of the person taking out the money order
are correctly made known to the person In
whose favor it is drawn.
This system will not abolish that Of regis
tering letters.
Such in brief is the history of the sys-
tenn and the regulations which will gov
ern it in this country. The controlling
bureau win be in Washington, under the
able charge of DR.. G. F. Macdonald, but
the real center of the system will be in
New York, under the direction of Mr..
John W. Morton. That Office will super
intend all the banking business of the
other offices; the money taken for orders
everywhere, will be sent there, and post
masters elsewhere will draw upon the
New York postmaster for the funds they
may need.
As we have stated, the system will go
into operation on Tuesday next, after
which date orders on any Of the offices
named in the above list may be obtained
at the post office in this city. Of course
the usual distractions and hinderances in
the way of new system will clog
this one, but we hope to see it preserved in
and prove successful The number of
offices will from time to time be increas-
ed until we hope to see every post office in
in the country money-Order Office.