The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-23

pust-check notes Will be immediately H.
| sued w their stead. The treasury Will hold
The paid post-check notes FOR three months,
| lfter which MI claims are to he barred aud
ne notes destroyed
Ranks VIII toe granted the privilege Of free
postage and free registry In forwarding
post-Vheck notes Ia the treasury for re-
,lcmptton and II Is also provided that while
~ the custody of the banks these notes
tations applicable 90 currency unht for cir
enlntou held or In transit Tor purposes of
exchange, thus preventing the contraction
VA thc currency which would otherwise ap'
parently exist from the Tine the blanks
hn he iac. &c ~" to-, FH"d out and
while awaiting exchange at the treasury
OF subtrpusurles.
ihr lnitVN States Is not 10 hc held re-
'ponslble for any wrongful payment ut
postcbeck note, but all laws OF the United
states relating To forgery or countcrfelting
tuited States securities are made applica-
PIE TO post.chcck notes and to receipts and
iun9rsemcntS thereon,
Tho bin relating Go this subject, II Il.
l2U9. Introduced hy Mr.. Gnrdner, Of Mich.
ignh in the hrSt session of this congress
For nearly nine years the people of the
country nave mud no means provided by
the government NJ transmitting smnil
amounts through the malls except the mon
~ order system; the postal note. which
vas va usc for ton yrnrs. having been ahol.
shrd In 1874. The postal note, notwith.
standing the fuct .hut It onered no security
for small rcmlttHnCes. and many millions
were sent through the malls uuriug the
dine that they were I'm existence They
were abolished because they were not pnya.
Ole TO order and were therefore constant
temptation To theft on the part " the
postal employcs. Since lsH4 the growth of
uAil transactions hats been stupcndnuS
During tho fiscal year 1894 the number of
pieces VI mall mattcr VI all kinds mailed
vas nearly 1,Oup oOOVr, while Tor the MS
tal year 1902 there Wor" more than 5000,
UhWm pieces mailed. During the same pc
tl9Q inc gross revenue or inc department.
Whlcn rs lhrgciy INC result OF tue sue OF
puNlasg- S,9Inps ,olEta sNPpueN, .HN EgIrW"
'Iu'n H'9NshN" ~ Io"4 10 more, lh'ill Hi-li-
PE"W ~ NV. ih' money "rurt nuSill'sS
uurinE ,n' soule Pg[auu uuS Ir""u i5"n
,y,,e over "'''''''V"" t" "''' 'n""
'',,,it ,.,,,. ,,,,,. t ,, ,,..,,s. m
,. "ibS ,..g ~ tuu ,.",,JS NJ
5 a., 3Go o,t'h ~ w it,,,,s ,u,u,I r,a,ts
'tt ~ w ..,i l.''' - 10
n,,,u s,rnoi, mo ,n,l NJ H. Cstjm,atr1
TTn, IN, H. ,uH ~ tho i,i... husi,,,s5
n,raos b,t ono i,t.,. i1 ron, cnrr,'i,, no.
,niftst,,as ~ s,npU er,nptts ,nnial,1s
nancy order 'Tbr other nine letters con.
,,lu nostnpn stai,,ps frcruentIy urutIIutrd
or .ti,k H. rho ici t.r. Inn-r Silver manor
money ayuross nancy orders checks rtc
rgkl6g the foregoing figures AS a buais. n
uny h. reasonably estimated flat tho value
tf commercial TRANSACTIONS through the
mnlI during IL wear viii now approximate
worry nearly s.. 100000 Oul Tue government
provides the people with but one Legitimate
medium for such transactions tho money
lrlrr system and the fact that $40 small
percentage Of rcmittanccS Is I'm the form
ut money orders, supplemented 10y the furth
r fact TINT ot The f5a24 postoftces ~ the
country hut i7TD7 age money order offices.
I"srly Indicates that the money order sys
tom is neither sufficiently convenient mud
logossihc nor sufficiently universally cstub-
i.hcd to entirely 1ll the needs u he people
wee desire To transact hustucss by mail
I'm addition On the expressed conviction If
'Nr p"sin officials Of the necessity for
"iu' simpler means Of sending small
u"unt~ other thau is FURNISHED by the
money "rlrr system, ia" house committee
". p"'t"lht'I ana post Fonds say IN ITS
,Sporl IhHt mas n"l'ea M INC press
iW attion uUon tEr p"st'cb@SE nils MANY
prominent business firms have also written