Lippincott's Magazine of Popular Literature and Science, Volume 17, No. 098, February, 1876Various
History
Lippincott's Magazine of Popular Literature and Science, Volume 17, No. 098, February, 1876
Various
Literature, Modern -- 19th century -- Periodicals; Science -- Periodicals
Still in its infancy, the international money-order system has already
reached importance in the magnitude of its operations. The sums sent
by means of it were, in 1874, $1,499,320 to Great Britain, $701,634 to
Germany, and to the little inland republic of Switzerland $72.287.
The dimensions to which this new method of financial intercourse
between the different peoples of the globe is destined to reach may be
inferred from the growth of the domestic money--order service. In 1874
the number of orders issued was 4,620,633, representing $74,424,854.
The erroneous payments having been but one in 59,677, it is plain that
this mode of remittance must make further inroads on the old routine
of cheque and draft, and become, among its other advantages, a
currency regulator of no trifling value.
Our post-office may almost be said to head the development of the
century. The other lines of progress in some sense converge to it. The
advance of intelligence, of settlement, of transit by land and water
and of mechanical and philosophical discovery have all fostered
the post, while its return to them has been liberal. Thus aided
and spurred, its extension has approached the rate of geometrical
progression. Its development resembles that from the Annelids to the
Vertebrata, the simple canal which constitutes the internal anatomy of
the simplest animal forms finding a counterpart in the line of mails
vouchsafed by the British postmaster-general to the colonies in 1775
from Falmouth to Savannah, "with as many cross-posts as he shall
see fit." Fifteen years of independence had caused the accretion
of wonderfully few ganglia on this primeval structure. In 1790 four
millions of inhabitants possessed but seventy-five post-offices
and 1875 miles of post-roads. The revenue of the department was
$37,935--little over a thousandth of what it is at present under rates
of postage but a fraction of the old. New York and Boston heard
from each other three times a week in summer and twice in winter.
Philadelphia and New York were more social and luxurious, and insisted
on a mail every week-day but one, hurrying it through in two days each
way, or a twentieth of the present speed. On the interior routes chaos
ruled supreme. Newspapers and business-men combined to employ riders
who meandered along the mud roads as it pleased Heaven.
Public-domain text, read in full here on John Shaqi.
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