Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1914-08-04
CURTAIL FOREIGN
MONEY ORDERS, IS
POSTAL DECISION
Limited Financial Aid Only Can
Be Extended to Americans
in Distress.

An order curtailing the issuance Of
European money orders here has
been received by Postmaster Frank
J. Book At the same time notice was
received of the suspension of parcel
post service between this country,
France and Germany, as a result Of
the European conflict.
The order curtailing money orders
was contained in the following tele-
gram from Third Assistant POST
master General Dockery at Wash
ington:
orders believed to be intended for
speculation. But to aid Americans
returning home issue orders not ex-
ceeding one hundred dollars to each
The fear that large sums would be
sent from this country for specula-
tive purposes arises from the fact
that q pound sterling in England is
now worth S5.S7, while in this country
1t is worth but $4.S7. From the large
amount of money orders sent out
from New York and Philadelphia DUR
ing the past few days the postal Au-
thorities decided that wholesale spec
ulations In money orders were being
carried on. The following order from
the third assistant postmaster gen
eral went into effect yesterday:
1.-THE treaties concluded by the
United States with foreign countries
gives each postal administration pow
efs to suspend, Temporarily, the ex-
change of money orders In case the
course of exchange or any other cir
eufnstance Should give rise to abuses
or cause detrifieht to the postal reve-
nue..
s'The sudden and extraordinary ad-
vance in Bankers exchange due to the
public apprehension OF a general Eu-
I4ropean war, may lead TO abuses OF
the money order system, because Of
the much lower rates of conversion
obtainable at postoffices
''Ih these unusual circumstances,
end until the return OF normal con
ditions, postmasters may decline to
accept applications for international
money orders, when made for un-
usually large sums and when there is
reason to believe the orders are want
ed for speculative purposes. In every
such case, however immediate re-
port of the facts should be made to
the office Of the third assistant post
master general division of money
orders"
Postmaster Book was also notified
of the fact that parcel post service
to Germany and France has been
suspended on account Of the hostil-
ties. The parcel post packages al
ready mailed from this country will
be returned to the senders. The pre-
paid postage will be refunded.
The postmasters throughout the
country have been instructed not to
receive any more parcel post pack
a no q ON. Eran rhtd
order will be in force indefinitely.
Postmaster Book today. declared
that the shipment OF parcel post
packages for Germany or France
from Newark had not been unusual
ly heavy during the past two weeks.
He said that there had been an in
crease in the amount of European
mail from this city since the trouble,
but this increase was looked for and
regarded as a natural sequence to the
war news of the past week.
The postmaster declared that as far
as he had been able to learn, Euro
pean mail is being sent as usual.
Until further orders from Washing
ton, no change will be made in tho
scheduled shipment of mail for Eu-
rope from this city.
The heaviest deposit for one day in
the Postal Savings Bank here was
made yesterday, when $4,000 was re-
ceived. The government, which
operates the banks, gives per cent.
on these deposits. Ea6h depositor Is
limited to deposits aggregating 500
month, and no deposltor can have
a balance OF more than $500 in the
bank at one time.
Reports from savings banks
throughout the city today was that
business was normal. There has been
no enforcement of a thirty or sixty
day clause for the withdrawal of de-
posits here, and the bankers declare
they have no intention Of making
any such rule. The deposits and
Withdrawals from the savings banks
yesterday and today were reported as
normal.