, 1869-08-27
MONETARY AND COMMERCIAL,
MONETARY.

Tic new rysiem or Tust U1lcc moncy-on.crs, |
which will l'c taauguta,cu IN ihis city on sep!cm-
Ter /, promises to make a revolution II the I3an-
ner OF renliting email EunB Of tnoncy 10 foEelgn !
countries. Tic domrsi'c money -oricr system has
worked no satisfactorily that the Postmaster Gen
cral haz been Inlnccd TO cnfcaynr to extend lA |
facilities NO ~ 10 meet ono OF the Wnnis OF our
ioTrlpp.rUtn citizens who arc continually sending
email suus 10 Earorc TO aid relatives In coming to
the Enllcl etAtcs and tho subject has, therefore,
hcen under otH1etat ,,hcrsaiou for aone Hionths.
II Is undcrstood tunt arrangements nrt neary /
perfected with several OF the Eorcfnnrats Ok |
Europe for the t5antEaisAIonb b5 roat Oitn orlcFs,
Of su,nF q, money not exceeding SO between tho |
rrtncipa cities OF the Unltcd States anl Europe.
The arrangement With Switzerland hah been en- |
ttcc15 perfected, and u, as before Eeauoncd go
into opcraIton-ut this 1ost OIlcc, A,.l- We pre-
eu1nc also II other Western city ot,ltrs-on Ser
tcrpr !, anl II Is expected tha the system Will
be extended 10 the principal cities o. Sortl Ger
naEy IN Il iuouth OF t*o. The c1chtnsc OF postal
orders between the United States anl any for.
clgn country Is 10 he effected through tho agency
| OF what ase termed International Exchange Post
| Ufccs. The one for the Cnltttl states Will
| te nj New York. md IL. lorGEo coun-
trirs Mt some principal city. 1u
The case Ol Switzerland. II Is At Hlsle. About ono
hundred nnI rfty Of the largest Iohty-ordcr Post
Cluccs in this country, des.guaetl for the purpose
hy the Postmaster General, arc authorized to issue
/ money-o1uers on the Postmaster At Scw York,
rnynt,c to bcnclcia1tes III Switzerland and 10 Iag
| orders i.hned hy that Postmaster for sluas re-
! ,uitted by tue Post Department OF Switzerland,
| for payment 10 beneEc!aries n the Gated States
| IIcEcc nn international EDncy y-otder cannot 10
drawn By Postmaster IN ellhcr country directly
upon Postmaster IN ths Other, but must he
drawn upon tho international Exchange Office of
the country In which lac oElcr IL issued. An IN
| ,eruaslppal postal order r.ust not be dawn for
larger sun than rty aeuats In Cn.teA States
currency, aud must 1ot contain FRACTIONAL
rar. OF cent. The fets for the issue OF lhtcfHa-
tlopal postal oElerB AT tho same Us tos dos1esuc
money orders, stz-: o. orders not exceeding se'.
,cu cents; over fso, na! not exceeding s3h, fifteen
cents: over $50, and net exceeding 50, twenty
cents; ever $40, nnI not exceeding -, t"eatE.aSe
ccu,s. Nc o,ntr rlr1encJ than United States Or
! Sa.tonai Bank noes can be received or PAIL The
general rules n.rgard TO issuing domestic o,css,
contained IN th booI Of money -oricr Instructions,
are to be observed IN tho issue OF International
pos,a, oric.s. SC far as these rules are applicable.
The usual for,rs arc to be observed to secure the
pay1rent Of suus for which the money orders have
been lost. Though only the cities Aod principal
towns Of the United States have hceu authorized
10 draw On TIT 1ntcruat!oua! once At New York
every domestic money order Post once IN tht
United S:ases Will probably be able 10 avail! !tses
OF The benefits Of thc system, by drawing Oh sht
l
, Sev York ot1ee With Instructions to forward tn'
, order. .......
! The subject Of International co.ragc-a 1lal 10
= which, as proposed by Mr. E II. Derby, the com
c missioner appointed by the Gurcgansns to exam
Inc md test the coinage Of the United States VII
= that vteM, WIS Published in TIE IRl
!, prSE Of tho l1th--ts now under discussion b
r | EpclIsh and French Journals Mr. Lowe. tn
s English Chancellor OF the E1cnequet, has hs
> | some correspondent with the French authorize
! on the subject and Is Of the opinion that Frsae
4 will reality cooperate with England N tne na
y tc1 and that an international coinage ca1 DC e
tabllshed that will asslm!otc The coins Of the Pr!
"a | cipal commercial nations
D, writer IN the New York Er<ni"7 Fast, on Il
( increased cos, OF cotton and cotton goods
=, compared with prices before shc war, ssses ::
II following rclAt,ye increase OF cost Of the ra~
d. t!ce ard the increased cost OF uanutactuStog u
st same into cloth: "1n 1851 ooe pound Of cote
y, y cost u cents; II prodpeed ~ Jafds OF ao9
~ which ii 81 cents brought 80. ceots' the eolan
over the Fr!cc OF Cotton Nas - GEMS y
pound OF cu,ton cost io1ss9, 50 cents; II pfoaoc
~ ,a1ds Of clo.b, which at laA cents bsouEht
). cents; the balance Of cloth over cotton, ~ ceuu
ie- | From these cgurrs 1t appears that the pssce
n INV cotton Is lao per cent higher than IN Is
raj and the ehaIHc OF the Eanrlaetulef
r 20 FER cent higher. The high Price Of eost
II II eautcdtx the demand compared TO ihe sep
| 01''
The not, therefore. TO bc Eau2rd by the general
~ c.ea.e Of r1,ecA In the United States eaasei b
M dcprcca:ed currency; but the manufactured a.
ID Gle 1nAs lis Chief market Ii this country, and
len rrtcc, thrrrtorc thtult tx gxuEcd b. the Gcue
increase OF prices caused ty ,hc depreciation
,,c the currency. But, gauEed by the price Of g
M and e1en making ! liberal Allowance for ts1Ah
|. In ! tho tncreAse Of 49,; cents tor nanutnetrrnl
ltcs pound Of cotton eetms frlT up to,
'ns, above, tbs AversTe increase Of pr
..ssn since tho WI. With this understanding
she the case It eeens that, instead OF
Tier ,ncrtsle Of prices Of the manufactured article
lefc a decline In the rav article, being ncecSsaF!
rI,r compensate The spinner any decline thas n
.wI lake place ia the raw Article should make d
mes Responding decline In the Manufactured ntiest
eht judge Istnsrd, Of New ToIk, VINO has "a
rrs .s fer n!nseli an uuensab!e notostet1 as the
atcttpr Of hl OF FlAk, Jr.'e. artful aodses. 70
sunc OF MtllIons, F1dIcnly turns tnoFn'tst whe
comes 10 kEcalcl EAisc.s, md tae o'ae: ahl
fused 10 tsnue nn order Of arrest u case
one stocttsok~r WAS charged With having oa'
n, n, ted or srini!eA another. OIL the e1run'! tbs
.fcr stock transactions were IN the nature u gano
~. | and tbat no one hut t!uker could undets
~. lrvtrsa' tatRaiEH
IN, R"11e United States Treasu.rr has feenvt
;n,th ! Wt.n!ngtur, tYctn the Postmaster Al ehAtnl
tf,rll. | renue.lrsuis, a singular hind " c"Nnsc
~iir, Hall u IL l. = gnol u" eyern!ark, III new
eaMk "a letter L, IL The other h-lt " e"Hntette'
Ia. wur1, nrrcnssnr-, hn'l Il evitrAtts tlut
| i lStl1 : Y5f1F@