Monday, Dec. 08, 1924
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 of demurrage charges on undelivered collection-on-delivery parcels and return to senders, postage collect, under certain circumstances.
"Changes in fees on domestic money orders."