The Waterbury Democrat., 1931-06-04
National Assn to
 Discuss P. 0. Law
Credit Men to Hear Clyde Kelly at St Louis Ses-
 siOnS

The recent amendment to postal regulations. enabling merchants and other business men more readily to race elusive and deliquent accounts, will be discussed at the annual. con yention of the National Retail Credit association in St Louis, June 16-19. Representative Clyde Kelly, of Pittsburg, who introduced the meas- ure in the last session of congress, will be one fthe leaders in the discussion.
 Under the title Return Registry Receipt Address BilP the measure was passed by the senate, January l26. Since that time postmasters throughout the country have been informed of the passage of the bill and the machinery set in motion for l it's operation.
 According to information coming , from the office of the Waterbury Credit Rating Bureau, Inc, a mer- chant sometimes faces situation where customer owing a bill moves to another city without in forming his creditors of his new location. Heretofore. the search for the customer in most instances was both costly and unsatisfactory. Even the registry regulations under the old system did not always reveal l the location of the person sought. Under the operation of the new | law, a merchant seeking to locate a customer addresses letter to the last available address and registers l 1t in the usual way. In addltlon' however, the merchant requests a return receipt together with the ad- dress at which the customer accept ed the letter. There is the regular registration charge of seventeen cents and in addition the merchant must pay twenty-three cents Tor the
 return service.
 | When the delivery of the letter
 is completed the merchant not only
 has the signature of the recipient but also his ned address.
 l It should be remembered that Americans rapidly are becoming nomads and with this tendency on
 the increase plus absolute similarity lin large numbers of names there IS an increasing advantage in many
 instances in obtaining the address as
 we'll as the signature. At it's ln- ception, of course, this service will be used promiraly by credit gantors but it also should distinct value for other lines of business as some have already indicated.
 Public libraries, for instance. operate on a very narrow hnanciai margin. Under the new regulation lthey will be better able to trace
 books that have been borrowed but not returned; merchants who send valuable merchandise through the mails will be able to learn Just where 1t was delivered as we'll as re-
 ceiving the receipt of the recipient; banks, trust companies. and ndu- charles generally, in making distripu- tions of trust funds now have the added advantage of learning exactly Ito what their distributions have gone, as we'll as to whom. and busi- ness generally through the medium of this legislation will have an i'm ' mediate starting point to trace lost. | strayed or stolen registered mall 1 matter.
 1t is estimated that 1,700 repre- sentatives from twelve hundred bureau communities throughout the | United States will attend the con lyention of the National Retail Credit lassociation of which the Waterbury Credit Rating Bureau. Inc, located | in the Chamber of Commerce buila- ling carries exclusive membership covering Waterbury and its trading area.