Savannah morning news. [volume] (Savannah) 1868-1887, 1883-03-14
That New Postal Note.


The money order division of the Post
Office Department is pushing the work of
preparation for Issuing the new postal
note. 1t is hoped that it may be ready by
the end of the fiscal year. 1t is believed
that it will prove great convenience TO
a large number of people, and meet
want which has been especially felt since
the disappearance from circulation of the
fractional currency. Much time has been
given to the invention of a system which
will meet the requirements of cheapness
and safety, and it is felt that this more
nearly reaches that point than ANYTHING
that has yet been devised.
''Ihe English had long struggle with
the subject" said Superintendent Mae
donald, the head of the money order sys-
tenn, in speaking to your correspondent,
land they adopted a system few years
ago by which certain fixed sums can be
transmitted; but by this plan we will be
able to furnish postal note by which any
sum, from one cent up to s., for the small
sum Of three cents, can be sent. Here
you see is one of them.' He held up a
small note just the right size to slip into
an ordinary envelope. Along the edge are
figures for dollars, dimes and cents. to be
punctured out by the Postmaster issuing
the order. On the other edge are the
month and year, to be treated IN the same
manner. The face of the note bears the
following;
s.Postal note No.. For sums less than
50; payable in the United States only, To
the Postmaster of the Money Order Office
at -. Pay TO bearer, at any time within
three months. from the last day of the
month Of issue, the sum Of s. cents,
This postal note is also payable to bearer
at the office of issue. with the same limi-
tation as to time. If lost or destroyed no
duplicate can be issued. If this postal
note is not paid within three months of
the last day of the month of issue, it will
become invalid and not payable, and the
holder to obtain the amount thereof, less
an additional fee of three cents, must for
ward this postal note, duly signed by him,
through the Postmaster Of some Money
Order Office, together with an application
for duplicate payable by such Postmas-
ter, to the Superintendent Of the Money
Order System, Post Office Department.
Washington, ID. G.. After once having
paid this postal note, by whomsoeyer pre-
sented, the United States will not be liable
for any further claim"
There are blanks for the signature of
the postmaster issuing and for that of
the person receiving payment of the note.
"Ihere," said superintendent MacDOn-
aid, ''we think that is the best system
yet devised for a cheap and convenient
method of transmitting small sums. OF
course it is not quite as reliable as the
money order system, for that has absolute
safety to the sender, but it comes very
near to it, and those preferring absolute
safety can take the money order There
IS no danger of their being used as cir
culating medium, for they are only good
three months, and, besides that. they are
of no fixed denomination. We have
given the subject good deal of study aud
we concluded that they are the hest me-
dunn for the transmission Of ANAL sums
that has been devised or suggested. and
we have had immense numbers of them
offered -