New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-12-29

article one, may pay 1t into any pOStOHlc
in the United States designated for sucl
purpose from time to time, by the Post
master General Of that country. Such per
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. ANY
person in the United Kingdom, desiring Il
| 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 and
exact address of the person to whom the
amount is to be paid in the United States
! and his own name and address. Tie re-
ceiving postmaster in either country shall
i'll accordance with the rules established by
| his postal administration, notify every such
| payment to the dispatcling exchange Office.
| The postmaster of New York, upon receipt
| of every notification OF that kind, shall
make out and forward to the payee in tie
United Kingdom, a money order, payable in
sterling at the postoitice in that country,
designated by the rcntter of the order, it
being understood that the money orders
so renitted shall be sent. in the first i'll
stance, to the controller Of the money order
office in London, and shall not be subject 20
hostage.
ARTICLE VII.
BY every mail, the exchange Office of
each country shall send to the exchange Of
ice OF the other country a certified list of
sums payable in that country, an! 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 payees, for
the amount specified in the list, and shall
promptly forward them to the payees or to
the paying office. III 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 adj
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 be despatched to
the Offices drawn upon, and the letters en-
closing the orders posted for delivery. The 4
lists, 10y means Of which each office of ex
change communicates with the other, shall
be according to the forms \ and Il an
nexed.
ARTICLE VII.
The lists dispatched from each Office of
exchange shall be numbered cOnsecutively,
with No. |, at the beginning of
each year, and the entries, also, in these
lists. shall have consecutive numbers, those
in the lists from the United Kingdom COM
mencing each calendar month with No. |.
Of each list dispatched from New York. a |
duplicate shall be sent, which duplicate |
shall, after being verified at the British |
office, be returned to New York.
ARTICLEIx.
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 Y.
Each office Of exchange shall prompt
y communicate to the other the
OF any simple error which
{ may discover III the notification
II the lists. When the lists shall show
Irregularities which the receiving office
shall not be able to rectiiy, that office shall
apply Tor an explanation from the
tl>patching office: and this explanation |
hail he afforded without delay.
ARTICLE NJ
Duplicate orders shall only be issued by
he postal administration of the country on
winch the original orders We're drawn, and
Il conformity with the regulations estab-
shed or to be established ~ Il that country
ARTICLE M
At the close of each quarter. three copies
an account shall be prepared and trans
ltted by the office at London. exhibiting
ne balance found due on the exchanges of
riders during the quarter: which balance.
tier proper verification, shall, if due by the
nttd States office. be paid at London; |
ut II due by the British Office, it shall be |
AID at New York, and always in the money |
the country 70 which the payment is
laue Ii, pending the settlement of an ;
count, one OF the two postal administra-
ons shall ascertain that it owes the othera ,
aiance excedin. one thousand pounds ster-
ng. the indebted administration shall
lolnptlv remit the approximate amount
such balance to the credit of the other.
his account, and the letters which accom-
any such intermediate remittances. shall
2 III accordance with the forms c, D and
annexed to this convention. I
ARTICLE NH. a
Until the two General Postotfices shall
'nSent to an alteration. it is agreed that,
ali matters of account relative to money | F
'ders which shall result from the eyecI
On OF the present convention. the pound
erling of Great Britain shall be consid- $
ed as equivalent to four dollars and =
ghty-six cents of the gold coin of the j
lliteG States. Y
ARTICLE XIV. P
Each exchange office shall certify n
) orders to tie other in amounts J,
i'll the denominations of x
e money both OF the dispatchino %
|
conversion established upon the basis of Z
Id by article xii OF this convention. This =
inversion shall be checked at the receiving ,
ice OF exchange. =!
ARTICLE Nv NJ
All payments for money orders. whether
or Ivy the public. if not in gold. shall be
ace to the nearest practicable equivalent.
ARTICLE WI.
The value, in gold com of the United
iteS, OF deposits i'll paper money made IN
At country for payment in Great Britain. :.
al be determined at the exchange Office N
New York. according to the rate of pre- II
um on gold. on thc DAY of receipt at that Al
ice OF notification of such deposits. On al,
other hand. the value. in United STATES
per currency OF money orders certified
the lists sent from the exchange Office of =,
ntton to the exchange office of New York. "'
I'll be determined (also at New York; in
'ordance with the premium on gold on
day OF the receipt Of such lists. ~
ARTICLE XVII.
riders which shall not have been paid -
Inn twelve calendar months from the 4
nth oi issue shall become void, and the '
rs received shall accrue to and remain at II
disposal OF the country of origin. The
tlsh Office shall, therefore. enter to the
DIT OF the United States in the quarterly | Go
cunt. all money orders entered in the CT,
; received from the United States which -
lain unpaid at the end of the period
"lt!ed On the other hand, the United -
ties office shall, at the close of each
nth, transmit to the British Office, for II:
ry In the quarterly account detailed
tement of all orders included in the lists
patched trbm the latter office which.
ter this article, become void. =
ARTICLE XVIII. ",