Postmaster General Harry Stewart New had to report that his branch of the Government, theoretically, selfsupporting, showed a deficit of 33 millions for 1928, an increase of $5,000,000. But he was not downhearted. Establishing and popularizing the Air Mail had been an extraordinary expense. Some day the Air Mail may more than pay for itself and, anyway, it is a valuable encouragement to U. S. aeronautics. Mr. New urged that similar encouragement be given the U. S. Merchant Marine by extending U. S. mail contracts to U. S. shippers.
Some Post Office Department statistics:...
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