The Post Office of India and Its StoryClarke, Geoffrey
History
The Post Office of India and Its Story
Clarke, Geoffrey
Postal service -- India
Certain special conditions with respect to money orders were (1) that
not more than four could be issued to the same person by the same
remitter in one day, except under special permission from the Compiler
of Post Office Accounts, and (2) that under special orders the issue
of money orders could be refused by any post office. Foreign money
orders were granted on the United Kingdom, Canada, Germany, Belgium,
Luxemburg, Heligoland, the Netherlands, Switzerland, Denmark and
Italy. The maximum amount was £10, and the rates of commission were:
Rs. A. P.
Not exceeding £2 0 8 0
Exceeding £2, but not exceeding £5 1 0 0
" £5, " " £7 1 8 0
Exceeding £7, " " £10 2 0 0
For Canada the rates of commission were doubled.
In 1884 the Telegraphic Money Order system was introduced, with a
charge of Rs.2 for the telegram exclusive of the money order commission
upon the amount to be remitted. The charge was so high that it was
thought safe to allow a money order up to Rs.600 in value to be sent
by this means. The anomaly thus existed of having Rs.150 as the limit
of an ordinary money order and Rs.600 as the limit of a telegraphic
money order. The rule prohibiting more than four money orders daily
being sent by the same remitter to the same payee, besides being quite
unnecessary, proved no safeguard whatsoever. In actual practice the
name of the remitter was not entered in the money order receipt, so
that the post office of issue had no means of knowing how many money
orders were sent by the same remitter, unless they were all presented
at the same time. There was really no necessity to fix a low limit to
the amount of a money order, as the whole procedure was quite different
from that previously followed by the treasuries. The old treasury rule
was that the amount of money orders issued in favour of one person in
a district treasury must not exceed Rs.500 in one day, but then the
money order was like a cheque payable to bearer and the paying treasury
had no knowledge of the time at which it would be presented. The Post
Office, on the other hand, carried its own money orders and, if the
office of payment was short of funds, it could hold back the money
order until funds were obtained, and do so without the knowledge of the
payee. These arguments prevailed, and in 1889 the restrictions were
removed. The maximum value of an ordinary money order was raised to
Rs.600, and no limit was placed upon the number which could be issued
in favour of any one person. At the same time the rates were modified
as follows:--
Public-domain text, read in full here on John Shaqi.
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