New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-08-04

.PosTGL sERvIcE-FIscAL YEAR 1920.
During the first four mouths of the i1enm6eney o.
regate saving of 915 per annum was effected by cur
failing and diSeontin99g unnecessary mau service
Number Of Miles Of annual Animal cost Of
Ended Ended june i i1e,. ss @osss iosSss5
Increase. ls7o.... AZ 65n595 s47a,ia
cent at az Increased cost of less thap 3slOo per cent
Cost of stationery for the POoaios Department.
From From Feb 70 PEI. issS.,..;.....-. s5ss g
The cost Of stationery under PosmasterGen Ores swell
for the year 1sO being about Onehaf that of the last
year of his predecessor, Notwithstanding the large i'll
Comparative cost of supplying mail locks and keys
the whole service under the contract made since March
1862 and the average price paid under preexisng con-
tracts for % years:
Under present contracts. 1870 90
Net decreased 600 90
Cost Of stamped e1s.lGgs, &C.. Ssp.r gPs5' registered Po'taO
Numbc issued during the fiscal ended June 30 SG. 9a92
Cost uDter contract in force March 449l42
Cost under existing contract. L8262 IS
Net annual saving 66 500 OF
Within the past two years postage foreign coun-
tries has been materially reduced saving least $4,000
in transportation of mails TO Europe and fully $4,000
mails TO Cuba. There has been established greatly ex
tended and improved inland mail service, including
miles of railroad routes at relatively inoonsiderabe
increased aggregate cost for transportation BY economy
in expenditures and vigilance In making ard enforcing
contracts about 100000 per annum is saved il the var
GUS items Of Post Once supplies
From the foregoing It will appear as follows:
FIRST That in the first two years and one month OF the
Administration OF President Grant there has been an ac
tual reduction OF the public debt to the amount of s25
SsS0nd That the annual interest charge TO e neople
has within the same PERIOD been reduced In the Of
Sl2O62997 e6-consequenty ahOrding permanent annual
relief from taxation TO that amount.
Third: That the net gold discount actually realized
TO the public Treasury the purchase OF bonds by
which purchase the debt has been mainly reduced is
1865 So.
Tourf : That in consequence OF the measures and
policy OF the Republican Congress and Administration
advanced during the period from the early part of the
wear 1861 e close Of the Democratic administration OF
President Buchanan to March lS69-reaching an aRgre-
gate appreciation, applied to the then existing values
the stl efficient administration OF President Grant
the public credit referred to the existing values
and debt april l. l8I1), has been further advanced,
within little more than two years, making apprecia
ton during this short period applicable the nOD
existing dent 1918 10000; also showing that the aI
probation since the close OF the last Democratic admin
stration early in 1861 applicable to the existing values
and debt, ~ 1856 100000
FYdh: Within the period from March T. 1862 TO April l.
1871 the appreciation Of the National and National Bank
currency twelve 2) per cent making aggregate
appreciation OF 5OOOOO0 which has accrued to the peo
pie ia consequence OF the advancement Of public credit
by the Republican policy.
StIh: Reduction OF annual expenditures for the fiscal
year Of l9O compared with the last year Of John.
sons administration s666j2l9S "a. As compared with
the last year Of Buchdnans administration, the
same bass, 20 cents less per CAPITA estimating tho pop
uidtlOn se0JO, making annual saving OF s4,iO0OOO
SeceHh The internal taxes and customs duties have,
since the close Of the the suppression of the
beiOn, been reduced by the amount per annum Of
SIS, ,s27 50.
Lighh. Tie postal service has been extended and in
cEeascd in efficiency, aud It's comparative expenditures
materially reduced.