Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1899-08-29
A new FORM.
Government Adopts New Money Order
System.
Advantages and Features Of the Change in The
Domestic Orders.

/
a new form of domestic money order
which viii be gradually introduced. or az
supplies Of the old form become ex-
| hausted. nj the various postofices
throughout the country, after the 4th d,
/ September
! The new form is somewhat smaller
| than the order now IN use. It's dimen-
I sions are about those OF the ordinary
bank draft. II has two adjnncts-the ad
| vice. or notification to be- sent by the is
suing to the paying postmaster. is a re-
production of the order through the use
Of carbonized paper Che manifold pro.
cess. and a receipt for the amount. 10 b.
furnished by the issuing postmaster Ii
the remitter.
on the back of the order 4 separate
space has been provided for lhe stamps
OF banks through which il may be passed
for collection.
In color the order IS blue, having a light
blue ground. with fine closely interlaced.
tinted lines OF Eeomctrical lathe-work. Of
cheon bearing the words. Postal Money
order" in shaded capital letters of the
same two tints Of blue. The tint of the
prevent mutations: but. as in additional
safeguard against counterfeiting. d hori-
zontal water mark. composed Of the mi
tials r. $ NJ. O.. in broad capital letters.
has been wrought into the paper on which
the new forms are printed.
Through the process mentioned Uhe
carbon, or manifold process, the order
ana the advice are produced simulta-
neouSly. BY the same operation the es-
sentiah particulars of name of payee date
amount, and place Of payment as writ !
ten in the order. are duplicated. or re
produced. ana made to appear in the ad
vice precisely as in the order The liabi
ty 10 mistake is thus greatly lessened,
ana saving Of time effected. Discrep-
ancies between order and advice, which
by entailing additional correspondence
ana causing delay in payment, have here
tofore been a source Of annoyance to the
department and pOstmasters, as well as
To remitters and payees, are prevented
ana absolute uniformity between the or
der and advice insured. The despatch OF
advices. which hitherto have not been
made out until after issue of the ORDERS
VIII also be accelerated.
The receipt. which is to be furnished bv
the issuing postmaster to the remtter.
showing the number and date Of the or
der ana the amount for which issued Is
also. in the main. reproduction, by the
carbon process. Of the writing ana
stamping on the order. hence must neces-
sariy agree herewith. The adoption of a
receipt has not hitherto been practicable
1t will tend to popularZe the postal
money order, supplying more than all else
what was needed TO make it. in the es-
timatio of the public a perfectly salts
factory vehicle for the transmission Of
small sums. Possession of the receipt
will give the RENTER a feeling of secur-
ity. ON the back Of it he may make, for
his own convenience. a memorandum Of
the name and address of the person to
whom the remittance is made ana the
purpose for which it is sent. Production
OF the receipt will greatly facilitate ref
erence to the records if ii becomes neces
sary for the remitter to make applica
tons for a duplicate order or inquiry 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 hitherto
| adopted by the department. Its dmen
| sions being about those of the ordinary
| bank draft. it may be conveniently han
died when mixed with different kinds of
commercial paper 1t is believed that the
change made in this respect will be heart !.
lily approved by banks and business pc :
pie generally.
hal I he. nav .nr may in WA -,
public favor by its simplicity, clearncss
and adaptability. great care has been tax
en- TO give it this character by arrange
ment of its parts, by avoiding surplusage
in the text or wording, and by using plain
| type and excluding whatever would be
merely ornate designs.
| The postal money order system, from a
small beginning in 1864 when the number
of money order postofiices established in
the United States was il9. has grown to
be one of the great Indispensable agencies
| of exchange. There are now about 10000
such offices. The number of domestic
money orders issued in the United States
during the past year was over SO,0c0, 900
amounting in value to 10000. The
system is used most extensively for re
mittances from places where bank eX
change is not 50 readily obtainable. While
lsupplementing facilities for intercourses
between populous centers. it has its own
special field, supplying means for the safe
and cheap transmission of money where
other agencies for the purpose could not
be successfully maintained.
In the adoption Of the new form of or
der the interests and preferences of pa /
irons of the system, no less than econ
omv of administration have been duly
lconsidered; and it is therefore confidently