National Affairs: New's Report

Postmaster General New delivered his annual report containing a number of comparisons between the fiscal year ending June 30, 1924, and the year previous.

% Dif-1923 1924 ference

Expenditures $556,857,389 $587,376,915 5.4 Revenue ... $532,827,925 $572,948,778 7.53

Deficit $24,029,364 $14,428,137 39.9

Dead Letters $19,238,548 $21,618,168 12.3 Newspapers and periodicals handled

(Ibs.) ....1,526,947,557 1,596,516,845 5.24 Outgoing Foreign Mail (Ibs.) 67,297,395 78,804,196 17.1

He recommended:

"Increase in the interest rate allowable on postal savings.

"Charge for a return receipt for registered articles.

"Changes in the fees chargeable for registration of mail and limiting indemnity to $1,000.

"Imposition...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!