Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-03-30
4 NEW DEAL.

In the Issueof Money Orders-A Splen-
did Thing for the Blu sin ess Public. 3.
Meeting Mr.. A. Antisdel, superintendent
for Wisconsin and Minnesota, the GLOBE re-
porter encouraged him into conversation of
an explanatory nature of the new moaey
order system adopted by the COM
pany, of which brief mention has
before been made. To commence with
the reporter can say that Mr.. Antisdel is very
much of an enthusiast in reference to the ad-
vantages to be conferred upon the general pub
lie by this new departure of his company, and
it was therefore no trouble to get him to talk
abont it and explain the details of lis work
ings.
Itappears from Mr.. Ant;sdei's statements
that the managers of the Ameri-
can express company have long
been considering some plan by which they
could guarantee the speedy and safe transmis
sion of small sums of money, down to tie
fractional parts of dollar. 1t Is we'll known
the company has for years been able to offer
sufficiently low terms for conveying money
in bulk, even III as small sums as $40, the rate
but Is cents-to secure a larger
amount OF such business. but when
it came to less amounts than $40, and especially
fractional parts of dollars, they were not able
to compete with the money order system of
the government, or the less safe but far
cheaper rail service. How 10 secure safety
aud speed at less cost than by the money order
system of the government was the problem
the company had to solve, and which ii bias
most successfully accomplished.
The plan consists of system OF money OF.
dsrs, varying IN amounts from 81 to $40, and
for fractions of dollars. These orders are To-
be put on sale at every office of the company
In the United States, and in cities like st. Paul
and larger, at subagencies 10 he estab
lished. These orders are to lie sold
for cents for sums over 81 and less than So,
and for cents for sums over So and under
$40, this being about one-half the cost of gov
eminent navy o. ders. These orders will be
paid at $50 of the principal Offices of the COM
pany In the country, 30 located as to be with
IN easy reach of almost every nook and corner
of the land.
The orders sold are of three styles
the purchaser having his choice of
simply renting to bearer, or to be paid to
some certain specified person, or TO The order
of some designated party, Identification being
required in the case of the two latter, the
same as in bank transactions. The orders are
payable at any time IN three months from
date. After the expiration of three
months the order will be sent
back to thu purchaser, who can re-
cover the money paid, or new order from
the renting Office, upon exhibiting the re-
ceipt given him at the time the purchase WIGS
made. al, Fsr
One OF the best features connected with the
system is the absence of red tape, all required
of purchaser being simply his name and its
destination, the company filing out the order,
advice card, ETC., while there are no blanks to
be filled out in duplicate, with witnesses sig
natures and other annoying red tape business,
SO that small child can do the business as
well as the experienced business man, and In
moment or two cftime. Another advantage
lit will possess over the government
money order system is that
the company's Offices are open from
Z o'clock in the morning until or 10 O'Clock
In the evening, while the government offices
are only open from a. m; until 4 p. m
While the plan is very simple, there is no pos
sibiliiy of loss, the order bearing on it's face,
by a cuningly devised arrangement of figures,
the amount to be paid beng the last figure
given, and all other figures representing
smaller amounts, SO there is no opportunity
to change the face of the order.
For the accommodation of business
houses, books of orders will be sold
them SO they can issue their own
orders without visiting the company's
Office, except to buy note books, the system
adopted preventing any liability OF mistake,
or any more danger OF loss than il the order
was sent from the company's Office or by u
post Office money order. i
Mr.. Antisdel says it is the intention of the
company to establish two branch offices in
this city, SO az to introduce the plan as
generally as possible, being satisfied the more
its workings are Investigated the more popu-
lar it will become.
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