The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1869-08-31
SWISS MONEY! 0 DER SYSTEM.
Important 20 those Sending Money
Abroad.

q
Abroad.
We have already noticed the ar
rangements effected between the Gov
ernments Of the United States ard
Switzerland for carrying out the
Money Order System, which has been
I. so successful in this country me
new system will 60 into operation a.
the Posi- Office IN this city tomorrow
September Isl, for the Transmission
to and receipt from, Switzerland' oil
money not exceeding fifty dollars in
currency. 1t is understood that ar
rapgements are nearly perfected with
several other Of the Governments Of
Europe, aud that the system Will be
extended to the principal cities of
North Germany in a month or two.
The exchange of postal orders be-
tween the United States and any for
eign country is to be effected through
the agency of what arc termed Inter
national Exchange Post Offices. The
one for the United States will be at
New York. and in foreign countries at
some principal city. In the case of
Switzerland, it is at Basic About
one hundred and fifty of the largest
moncy-order Post Offices in this
country, designated for the purpose
by the Postmaster General, arc au-
thorizcd to issue money orders on
the Postmaster at New York, paya
bic to the benefeiaries in Swift
zerland, and to pay orders issu-
FED by the Postmaster for. sums
remitied by the Post Department
/ Of Switzerland, for payment to
benefciarics in the United States
Hence, an international money order
cannot be drawn by a Postmaster in
either country directly upon Post
master in the other, but must be
drawn upon the international Elk
change Office of the country il which
the order is issued. An international
postal order must not be drawn for g
larger sum than fifty dollars in United
States currency, and must not contain
a fractional part Of q cent. The fee,
for the issue of international posta
orders are the Same as for domesti,
money orders, to wit: On orders not
exceeding $40, ten cents; over $40
\ and not exceeding $50, fifteen cents
over $50, and not exceeding $40
twenty cents; over $40. and not ex
ceeding $50, twenty FIVE cents. Ii
edition to the above fee for thr
Money order, the Exchange Office a
New York will make the followin!
deduction from the value in gold 0
the International Orders On order
not exceeding $40, twenty cents, gold
over 500. and not exceeding $50, thirf
cents, gold; over $50, and not exceed
ing $40, forty cents, gold; over SIC
and not exceeding $50. fifty cents, gold
Though only the cities and princi
pal towns Of the United States hav
been authorized 10 draw on the Inter
national Office a. New York, ever
domestic money osdor Post Office i
the United States will probably b
able TO avail itself Of the benefits c
the system, BY drawing on the neares
Office that is authorized to draw o
, the New York Office, with iustruC
tions to forward the order
This new system promises to mai
c revolution in the manner OF remi
ting small sums Of money to foreie
; countries. The domestic money ordC
system has worked so satisfactoril
that the Postmaster General has bee
D induced to cndeavor 10 extend i
r facilities SO as to meet one Of Il
wants of our foreign born oitizeni
who are continually sending sma
sums 70 Europe TO aid relatives
G coming to the United States.