Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1912-09-26
trade and the instability of the dol

trade and the instability of the dol
lar.
81 firmly believe, however, that the
time must come when business men
throughout the world will feel the
need of a more stable unit of value
| Business men appreciate the necessi.
ty of a scientific determination of the
yard, the pound, the hour, the horse
power, the kilowatt, etc. The gov
ernments have bureau Of standards
to make sure that these units are de-
termined to the highest possible de-
gree of precision. Yet our yardstick
of purchasing power, the dollar, the
most essential and universal unit en-
ployed by the business man, is per-
mitted to change incessantly The
whole world complained when the dol
lar appreciated and complained again
when it deprecated. No one will
deny that theoretically it ought neith-
er to appreciate nor depreciate, but
to remain unchanged. We have, at
present, dollar of fixed weight but
not of fixed purchasing power; and we
shall never secure fixed monetary
yardstick until business men univer-
sally appreciate it's importance. Per-
sonally I hope that an international
conference on the cost of living,
while it could not be expected to Sc
cure this result Immediately, may lay
the basis for it in the years to come.
This it might do by causing business
men throughout the world to demand
it,"
Suggestions for postal reforms to
be submitted to the next universal
international congress of chambers OF
commerce today by DR.. Alfred Georg,
vice-president of the chamber of com
merce of Geneva, Switzerland. These
suggestions said Dr. Georg, when ap-
proved by this congress would be
brought to the attention of the inter-
national bureau of the United
postal union and to all the states in
the Union
Dr. Georg summarized his recon-
as follows:
l. The rate fixed by the universal
postal agreement for the carriage of
letters shall be reduced from %
centimes to 10 centimes, that is, to
the tariff rate for domestic postage.
This tariff rate shall be collected by
the weight or fraction of the weight
of 20 grams throughout the extent of
the postal union, the weight being cal /
culated by the metric system.
2. The states subscribing to the
Universal postal agreement of 1906
which by virtue of item III of the final
protocol of this agreement have re-
tanned the limits of weight and the
rates of the preceding postal agree |
ment shall renounce this exceptional /
practice.
g. An international postage, the
additional charge collected by the pos
tai service for the absence or INSULT
cheney of postage on articles of let
ter mail, shall be fixed uniformly at |
centimes.
4. The postal administration of the
states belonging to the universal /
union will deliver to the addresses
Iii sealed letters which come to them
rom abroad, even when the exterior
If these letters does not conform to
he postal regulations of the country
If destination.
5. The provision of article 55 of
he universal postal agreement l read
hat samples of merchandise must
lave no merchantable value shall be
'epealed. The limit of weight for
amples shall be raised to 500 grams.
6. For postal parcels, the limit of
weight shall be raised from 5 to 10
kilograms. By way of exception, the
tates of the postal union whose do
nestle relations forbid the sending
# postal parcels of over 5 Kilograms, ,
nay maintain this limit of weight.
Z. The universal postal agreement !
hall impose on the states of the
nion a reasonable period for the de- {
lvery of postal parcels, varying ac-
ording to the country of destination =;
utside of which the postal admins I
rations shall be responsible.
s. The universal agreement shall t
stablish a special category of pos {
al parcels of a maximum weight of ]
kilogram which, in consideration of ,
special rate, shall be shipped by s
lore rapid route. !
The Swiss federal government has
AIKEN no action on the PROPOSITIONS ,
said DR.. Georg, but these :
re presented with the assent Of the +
wiss union of commerce and indus 6
" and of the Swiss chamber of r
MORGAN WILL BE