The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-07-18
Text Of Postal Money Order Convention
With Great Britdfq.
The Stolen Treaty-AnOther Act III
the Senatorial Farce.
Resignation Of Indian Commits
si0ner Parker.
BOulweis New LOan--Payment Of The
August Interest.


WASHINGTON. July IT, 1871.
Text Of ihe New Postal Convention with
Great Britain.
The text OF the convention recently negotiated IN
London by DR.. Macdonald, Superintendent of the
Money Order Bureau here establishing an inter-
national money order system between Great britain
and the United States, has been received from Lon
don II now only awaits tho signature Of Post.
master General Creswell In order to go into effect
provided. the LIST Of next October. 1t Will DO
observed that the rules laid down the articles OF
this convention substanti TALLY the same as those
which govern the system OF postal money order eX-
change between the several States of the Union
The following is the exact text OF the convention
between the General Post Office of the United King
dom Of Great Britain and Ireland and the General
Post Office OF the United States OF America:-
The General Post ONCE OF the United Kingdom OF
Great Britain and Ireland ana the General Post
Onice of the United States of America being desW-
Gus OF establishing change OF money ORDERS be-
tween the two countries, the undersigned, duly au-
thorzed lor mat purpose, have agreed upon the fol-
| ARTICLE l. There shall be regular exchange of
| money orders DetWeen the two countries. he
in the United Kingdom or Great Britain and
Ireland and when issued in the United States ut $50
e paper currency rtS Of poaf e nuc county, a
| to fix the rates OF commission on oil
| money orders issued IN the United Kingdom, and
| the United States Post ONCE shall have the same
| power in regard to all money orders issued in the
| United States. Each Office shall communicate to
the other its tariff of charges or rates of commits
| sion which shall be established under this conven-
tlon ana these rates shall in all be paid adj
vance By the remitter, and shall not in any event,
be repayabe. 1t is understood, moreover that each
Office is authorized to suspend temporarily, the ex-
change, or any other circumstance, should give rise
TO abuse or cause detrlmen to the postal revenue
ART. 3. Each country snail Keep the commission
shall pay TO the other country one per cent Oh the
! total amount OF such orders.
ART. T. No money order shall include q fractional
part OF Il penny or OF a cent.
ART. g. The service OF The postal money order sys.
TEN between the two countries snail be performed
exclusively by the agency Of offices OF exchange
on the part oil the United States the Office OF ex-
change shall DC New YORK. anu ON the tarr OF the
United Kingdom London.
ART. 6. Any person in the United States desiring
to remit to the United Kingdom Il sum OF money
within the limits prescribed by article | may pay It
in0 any post ONCE IN the United States designated
for such purpose from time to time by the Postmas-
ter General OF that country-such person shall,
at the same tune, give the name ana address
Of the person to whom the amount Is to be paid
IN the United Kingdom, ana MS own name and al
dress. ANY person in the United Kingdom desiring
to remit to tue United States q sum OF money within
the same limits may pay it into af,y money order
ONCE IN tile United Kingdom, giving, at the same
me, the name and exact address OF the person to
whom the amount Is TO be paid in the United States,
and ms own name and address. The receiving Post
master in either country shall, In accortance with
the rules established by the postal administration,
notify every such payment to the despacning eX
0hanrc Office The Postmaster OF New YORK, upon
receipt Of every notification OF that Kind, shall make
out and forward to the pavec IN the United Kingdom
money Order, payable In sterling at the Post Ohice
In that country designated by the renlltter OF the
ORDER il being understood that tine money orders
remited shall he sent in the first instance, TO the
CONTROLLER of the money der oiiicc in London ana
shall not be subject to postage.
country shall send to the exchange Office in the otncr
/ country u certified list Of sums payable IN that
country and received SINCE the despatch " the previ
list. As any such list shall have reached
| the New York Office and been verified, this Office
shall make out inland money orders in favor OF re
payees for the amount specified in the list and shall
ing Office in conformity with The regulations exist
ing In the United States for the payment Of money
shall be accounted by the relative letters of advice
OF the orders entered therein, together with the
Alter comnaIson With Inc list lie adyces snail he
despatched 10 the offices drawn upon and tue letters
enclosing the orders posted Tor delivery. The lists,
| nicates with the other snail be according to the
| forms A and B, annexed.
| Art. =. The lists despatched from each office OF
| exchange shall be numbered with No. / at the be-
ginning of each year. and the entries also III these
lists shall have consecutive numbers, those in the
I, lists from the United Kingdom commencing each
calendar month with No, !. or each list despatched
from New York duplicate shall, after beng veri-
fed at the British ONCE be returned to New lork.
ART. o. should any list fail TO be received In due
course the despatcniDg Office SHALL receiving
| formation 10 that erect, transmit without delay
duplicate of the list duly certified as such.
communicate TO tie OTHER the Correction of any
simple error which It may discover IN The vertical
! ton OF the lists When the lists shall show irregu
laritles which the receiving Office snail not be al
to rectfy, that Office shall apply for an explanation
! from the despatchtng office, and THIS explanation
I shall be afforded without delay.
ART IL. Duplicate orders shalt only be issued by
the postal administration OF the country on which
! the original orders were drawn, ana III conformity
with the regulations established or TO he established
| In that country. -,
OF an account shall be prepared ana transmitted Ivy
the once at London, exhibiting tue balance due on
/ the exchan es of orders during the quarter which
balance. after proper veiicatIon, SHAH, II due ~
the United states Office, be paid at London; but II
| due by the British Office 1t shall be paid at New
! York, and always in the money OF the country TO
which the payment Is made. II, pending the settle
ment of an account, of the two postal admnis-
| trations shall ascertain that 1t owes the other
| balance exceeding one thousand pounds sterling
the Indicted administration SHAH promptly remit
| the approximate amount OF such balance 10 the
credit OF the other. This account, and the letters
WHICH accompany such intermediate ei remittance
| shall be in accordance with the Forms Z, ana IL
| annexed to this convention.
| ART Is. Until the two general Post Ohlces shall
consent TO an alteration, 1t agreed that all
ters of account relative to money orders, Which
shall result from the execution or the present con-
venton, the pound sterling ol Great rltain shall DC
considered equivalent 10 81 IS vi the gold coin VI
| the United states.
ARr. IA. Each exchange ONCE shall certify It's or.
ders to tue other in the denominations OF the money
| both Of the dcspatching and receiving country at
the rate Of conversion established upon the basis OF
gold by article Is Of this convention. This uoIver
SION shall be checked ut the receiving otlce OF ex-
change.
| ART. 10. All payments Tor money orders WHEELER
to orby the public " not In gold, shall be made to
! the nearest practicable equivalent.
! ART. TO- Tie value In gold coin OF the united
| States OF deposits In paper money made IN that
country tor payment In Great Britain snail be de-
| termined attne exchange Office OF New York, &C.
cording TO the rate OF premium on gold on the day
OF receipt az that ofllCe OF notification Of such de-
! posts. on the other hand, the value In United
States paper currency Of money orders certified IN
the lists sent from the exchange Office of London to
! the exchange ONCE OF New York, shall be deter.
| mined also at New York. IN accordance with the
| premium on gold on tue day OF receipt or SUCH
| lists.
ART. II. Orders which shall not have been paid
! Within twelve calendar months from the month OF
shall become vol and the sums received shall
accrue and remain ut the disposal OF the country
OF origin. The British Office shall therefore enter TO
the credit of the United States In the quarterly ac
count all money orders entered In the lists received