The home journal. (Winchester, Tenn.) 1858-188?, 1873-10-30

tables Of this year, The expense Of carrying
official mails, or the saving made 10y the aboli
tion Of the franking privilege, does not appea'
il the figures OF the present annual report
since free matter was not cut OF ill the close
Of the fiscal year Tho estimate made by Nj
Crc-swcll Of the United States postal cards
were one hundred millions for the first year.
I This rarc has been exceeded. For the two
mOnthe after their introduction, ending
/ with the fiscal year, the number issued was
over thirty-OnC millions. For the first quarter
Of the present fiscal year, ending September
/ 30th the number issued was over thirty-threo
millions, aud the total number for these six
months, .iyty-rour million three hundred thou
sand. The free delivery system has beon
largely increased, and AT the same time greater
efficiency has been insured. The public has
avaiIed itself of the use of money orders to u
greater extent AN during any previous fiscal
year. For the fiscal year ending July 30th
1874, the postohce department has submitted
the following estimates: Expenditures, $50
SG3, coo: revenues, 523,6l90O0; from money
orders, 800, 900; increase from postal cards,
@s30,0OO; total revenues, 22i, jj2, COO; esti-
mated deficiency r6,3l0,OOO,
Publication is made in tho Ne% York Even
ing Post Of a letter from President Grant to
L. \. Caudry, of the Continental bank,
dated Oct. {, The president Gays My whole
object IN the letter to Anthony and Claf1lin WAS
to restore confidence to the public mind and te
give all Nid III power, keeping in view at the
same time the solyency Of the national trea-
-uy would be regarded AZ money in the trea-
sury. would he subject to use for the purpose
of showing that means are 1T hand to give the
relief v, promised do not believe the pres.
Ont panic will work to individuals half the in
jury it will work general good to the country
ut large, Onr monetary system il creation
of necessity. II has no elasticity, but in 9TH
or respects it Is the best that has over been
devised No one nov distrusls the value Of
his paper dollar. On the contrary, it is siezed
and hoardcd with the same uNidty now that Il
gold dollar has been in tOlmer like Gdyers.
ties. The panic will call attention to defects
in ou monetary system and will no doubt lead
to legislation TO relieve the want Of ella tcity.
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report oi III" movements an" damage
dohe ny me 6Ieat STORM IN August a. mas
peoh prepare" al INC ''Eil" o'hr"' """ wiz DC
gwen ~ '"'' I" vi" i'upIl' III 10" u"HH'