The Superior times. [volume] (Superior, Wis.) 1870-1912, 1899-09-09
New Form Postal Money Order.

The new form 10 some hat smaller thar
the old. Its dimensions are about those
1 Of tue ordinary bank draft. 1t has two
ad1uncts-the advice, or notification tc
be sent by the issuing to the PAYING
postmaster, is a reproduction of the
order through the use of carbonized
pader 1.-THE manifold process). and re-
by the issuing postmaster to the re.
mitter.
On the back of the order a separate
space has been provided for the stamps
Of Banks through which it may be
passed for collection.
In color the order is blue, having a
light blue ground. with fine. closely In
terlaced, tinted lines of geometrical
lathe-work of darker shade. In the
center is an escutcheon bearing the
words, Postal Money Order" in shad-
ed capital letters of the same two tints
OF blue. The tint of the order and the
lathe work will serve to prevent imita-
tons; but, as an additional safeguard
against counterfeiting, horizontal
water-mark, composed OF the initials
| Us. NJ. O.. in broad, capital letters,
has been wrought into the paper on
which the new forms are printed.
| Through the process mentioned (the
carbon. or manifold process), the order
and the advice are produced simutan-
eously. By the same operation the es-
sential particulars of name of payee.
date, amount, and place of payment, as
| written in the order, are duplicated, OF
reproduced, and made to appear in the
advice precisely as in the order. The
| liability to mistake Is thus greatly les
sened, and a saving of time is effected.
| Discrepancies between order and adj
vice. which, by entailing additional
/ correspondence and causing delay in
| payment, have heretofore been a
source Of annoyance to the department
| and postmasters, as we'll as to remitters
and payees, are prevented, and abso-
lutte uniformity between the order and
advice insured. The dispatch Of ad-
| vices, which hitherto have not been
made out until after issue of the orders.
| will also be accelerated.
The receipt, which ls TO be furnished
| by the issuing postmaster to the remit
ter, showing the number and date OF
the order and the amount for which is
| sued. is also, in the main, a reproduc-
ton, by the carbon process. of the writ
| ing and stamping on the order, hence
must necessarily agree Herewith. The
adoption of receipt has not hitherto
| beer practicable. 1t will tend to popu-
larize the postal money order, supply
| ing more than all else what was needed
to make it, in the estimation of the
public, perfectly satisfactory vehicle
| for the transmission of small sums.
Possession of the receipt will give the
RENTER a feeling of security. On the
back OF it he may make, for bis own
convenience, q memorandum of the
name and address OF the person to
| whom the remittance 10 made and the
purpose for which it is sent. Produc.
ton of the receipt will greatly facilitate
| reference to the records if it become
necessary for the remitter to make APP
| plication for a duplicate order or in
quiry as to whether the original has
been paid, and here again a saving of
time will be effected.
In shape and size the new order is
| deemed decided Improvement over
any other form of money order hither-
to adopted by the department. It's di-
mansions being about those of the or
binary bank draft. it may be conven-
| iently handled when mixed with diff
| ferent kinds of commercial paper. 1t
IS believed that the change made in
| this respect will be heartily approved
by banks and business people generally.
That the new order may win its way
to public favor by its simplicity, clear
ness and adaptability. great care has
been taken to give it this character by
arrangement of its parts, by avoiding
| surplusage in the text or wording, and
| by using plain type and excluding what
ever would be merely ornate design.
The postal money order system. from
small beginning in 1861, when the
number Of money order post Offices es-
| tablished in the United States was 4l9,
has grown to be one Of the great indis-
| pensable agencies of exchange. There
are now about $4,000 such offices. The
| number of domestic money orders is
sued in the United States during the
past year was over $4,000 amounting in
value to S2l0,000,00O. The system is
used most extensively for remlttances
from places where bank exchange is
not SO readily attainable. While sup
| plementing facilities for iutercourses
between populous centers, 1t has its
own special field, supplying means for
| the safe and cheap Transmission of mon
ey where other agencies for the pur-
pose could not be successfully main
| tanned.
In the adoption of the new form OF
order the interests and preferences OF
| patrons of the system, no less than
economy of administration, have been
| duly considered; and it is therefore
confidently expected that it will tend
to enhance in no small degree to popu-
larity of this method of making remit
tances. 1t is expected That on or about
January LIST next the fee charged for
orders will be materially reduced.
Chicago has been selected by the
u. A. X. veterans IN session at Philadei-