New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-12-28

| money within the limits prescribed b.
article one. may pay it into any PostomC,
in the United States designated for sucl
purpose from time to time, by the Post
master General of that country. Such pei
son shall, at the same time, give the nam
| and address of the person to whom tn
amount is to be paid in the United King
dom, and his own name and address. An.
person in the United Kingdom, desiring II
remit to the United States sum OF money
within the same limits, may pay it into any
money order office Of the United Kingdom
giving, at the same time. the name anG
exact address of the person to whom the
amount is to be paid in the United States
and his own name and address. The re
ceiving postmaster in either country shall
in accordance with the rules established 10y
his postal administration, notify every such
payment to the dispatchiDg exchange office
The postmaster Of New York, upon receipt
of every notification of that kind, shall
make out and forward to the payee in the
United Kingdom, a money order, payable in
sterling at the pOstotice in that country,
designated by the remitter of the order, it
being understood that the money orders
! so RENTED shall be sent, in the first in
stance, to the controller of the money order
| office in London, and shall not be subject to
| postage.
| ARTICLE VII.
BY every mail, the exchange office of
each country shall send to the exchange Of
flee OF the other country certified list Of
sums payable in that country, and re-
ceived since the despatch of the previous
list As soon 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 the pages, for
the amount specified in the list, and shall
! promptly forward them to the payees or to
| the paying office, in conformity with the
regulations existing in the United States
for the payment of money orders. The list
forwarded to the United Kingdom shall he
accompanied by the relative letters of ad-
vice of the orders entered therein, together
with the orders themselves, as already
settled in article vi After comparison with
the list, the advices shall he despatched to
the offices drawn upon, and the letters en-
closing the orders posted for delivery. The
lists, by means OF which each Office of ex-
change communicates with the other, shall
be according to the forms A and b an
neXed.
ARTICLE VIII.
Tie lists dispatched from each Office of
exchange shall be numbered cOnsecutively,
commencing with No. y at the beg inning of
each year, and the entries, also, in these
lists, shall have consecutive numbers. those
i'll the lists from the United Kingdom COM
mencing each calendar month with No. l.
OF each list dispatched from New York, q
duplicate shall be sent which duplicate
shall, after being verified at the British
office, be returned to New York.
ARTICLE IN.
Should any list fail to be received in due
course, the dispatching office shall, on re-
ceiving information to that effect, transmit,
without delay, duplicate Of the list, duly
certified as such.
ARTICLE x.
Each office of exchange shall prompt
ly communicate to the other the |
correction of any simple error which
it may discover in the veritcation |
of the lists. When the lists shall show
irregularities which the receiving office |
shall not be able to rectfy. that Office shall |
apply tor an explanation from the |
dispatching office; and this explanation
shall be afforded without delay
Duplicate orders shall only be issued bv |
the postal administration of the country on |
which the original orders We're drawn. and
in conformity with the regulations estab-
llshed or to be established in that country. |
ARTICLE MI.
AT the close of each quarter three copies
OF an account shall be prepared and trans
united by the Office at London, exhibiting
the balance found due on the exchanges of
orders during the quarter; which balance, |
after proper veritication. shall, if due by the
L nlted States office, be paid at London:
but If due by the British office, it shall be
paid at New York. and always in the money
ot the country to which the payment il
made. Ii, pending the settlement of an
account, one OF the two postal administra-
tons shall ascertain that it owes the other a
h Ian ct tInn RI |
ing. the indebted administration shall
promptly remit the approximate amount
II such balance to the credit of the other.
| his account, and the letters which accom-
'any such intermediate remittances. shall
,e Ill accordance with 1.-THE forms C.. ID and
I annexed to this convention
ARTICLE MIL
Until the two General Postotfices shall
consent to an alteration, it Is agreed that,
n all matters OF account relative to money |
'rders which shall lesult from the exec,i
ION OF the present convention. the pound
terlIng OF Great Britain shall be consid-
red as equivalent to four dollars and
ightyslx cents of the gold coin of the
United States.
Each exchange office shall certify
Is orders to the other, in amounts
eslguated in the denominations of I
ne money DOth OF the dispatching
nd receiving country, at the rate
t conversion esta finished upon the basis of [
old by article xiii of this convention. This
Inversion shall be checked at the receiving
flee of exchange. .
ARTICLE Nv. ,
All payments for money orders, whether
or by the public, if not in gold, shall be
lade to the nearest practicable equivalent
ARTICLE XVI
The value, in gold com of the United
tates. of deposits in paper money made IN
TAT country Tor payment in Great Britain,
iail be determined at the exchange office
New York. according to the rate of pre- 8
mum on gold, on the day of receipt at that A
nee OF notification of such deposits. On a
lie other hand, the value in United States
aper currency. of money orders certified
the lists sent from the exchange office Of >,
ondon to the exchange office of New York. X
lall be determined (i.lso at New York; in
'cor'!ance with the premium on gold on
lie day of the receipt of such lists
ARTICLE XVII
Orders which shall not have been Maid -
thin twelve calendar months from the
onth OF issue shall become void. and the
ms received shall accrue to and remain at | r,
e disposal OF the country of origin. The
rltish office shall, therefore, enter to the
edit OF the United States, in the quarterly G.,
count. all money orders entered in the CT
'ts received from the United States which -
main unpaid at the end of the period II