THE CABINET: Postal Deficit

Last week, Postmaster General Harry S. New gave out the data for Post Office receipts in June. The reason they are of any special interest is because, early last spring, after a great fight, Congress passed a bill which increased the salaries of postal employes (to the tune of about'$68,000,000 a year) and increased revenues in a way to furnish an equal amount of additional revenue (TIME, Mar. 9).

Said Mr. New;

"Although the receipts of the 50 selected post offices for the month of June, 1925, show an increase of 14.72% over June,...

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