Highland recorder. (Monterey, Highland County, Va.) 1877-1972, 1901-10-11
NATIONAL CAPITAL AFFAIRS.
Nations Vast Postal Business.

Nations Vast Postal BUSINESS
Washington (SpeciaD Auditor Hen
ry A. Castle, for the Postoffice Depart
ment, closed tie books OF the posta
service for the fiscal year ended June 80
1901, something over three months be
ing required to balance the ledger &C
counts with the 77,COo pCsmasters ano
make all the other settlements required
with the numerous branches OF the SyS
tenn. The result OF the years business
was as follows: Receipts, $IiI03II93
expenditures, $II5.554,o2o: net deficit
(including loss by fire, etc., $3,9ST $50
The deficit for the fiscal year was less
than 100000. and about $I.5ooooc
smaller than for the preceding year
Owing to the extension OF the ri a
free delivery and other improvements
in every department the expenses OF the
service were $8,2oo.ooo greater than fol
the preceding year, but the continued
prosperity OF the nation increased The
receipts more than $o.25o,ooo.
There has been steady decrease. II
the postal deficits during the last ie"
years. In round figures there were
ST., 100000 in 1897, 100000 in 1898
Sc, 100000 in 1899, $5,5oo,ooo in 1900
and $4,ooo. 600 in 1901. II this percent
age OF shrinkage in the deficit shou.t
continue it would be entirely wiped
out within three years.
1t is a significant measure OF the IN
creased business activity OF the coun
try that while. owing to the enormous
extensions OF the postal service, IT.
expenditures have increased SCI 100000
or ~ per cent in five years, Is reve
nucs have increased $2oooO,oco. equNa
lent to IS per cent, during the same
period
The auditors report also shows tht
transactions OF the postal money ordei
business for the same period. The ag
gregate amount Of money orders issue
during the fiscal year was S294. oIo.
5000. The amount paid cut was S2SG,
554.7IL72. The difference between
these two amounts represents principal
" money orders issued in this country
and paid in foreign countries.
The sum total OF the monetary trans
actions OF the Post Office Department
including postal receipts and revenue;
and money orders issued and paid
foots up ior the fiscal year 1901 $Sc3,
35o.S6. This total was les than S7L5,-
Geo. oco for the preceding year showln9
an increase OF nearly $So.ooo,ooo The
Post Office Department is thus shown &c
be easily the leading financial branch Of
the Government. as it is the most eXten-
siye business institution iii the world
President interested in Miss Stone Case.
All the machinery OF the Department
of State is now at work to save IRON
death or prolonged captivity Miss Ellen
Stone. the missionary, who was kid
naped in Turkey. The President him
self has become actively interested If
the matter. DR.. Samuel H. Capen
president OF the American Board o
Missions, and DR.. Judson Smith, th(
foreign secretary OF that beard, arrived
in Washington from Boston and wen
directly to the State Department.
After an hours conference with Act
ing Secretary Adee and Solicitor Rem
field they were escorted to the White
House. President Roosevelt gave clost
attention to their stateme1 1t. Although
the Department of State had already
taken up the matter. President Roose
welt laid fresh injunctionS upon Mr.
Adee to spare no effort to accomplish
the purpose he had in view OF releasing
Miss Stone.
The clergymen were highly gratified
at the earnestness exhibited by the
President and the State Department offl-
cials, and left for their homes in Boston
satisfied that the United States Govern
ment was doing everything possible III
Miss Stones behalf.