Proceedings of the 1st-41st Annual Meeting of the National Board of Trade Volume 28

Proceedings of the 1st-41st Annual Meeting of the National Board of Trade Volume 28

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1898 edition. Excerpt: ...been brought forward the Board has been almost unanimously in favor of securing one-cent letter postage. It is true that the thought to which Mr. SPEARE has given expression, that we should be conservative, and not ask for one-cent letter postage until the deficit be removed, was considered favorably. But you will see how illusive it is. It is very pleasant on the surface, but in view of the fact that every year the deficit is increasing, you will see that most of us may be in our graves before we can have one-cent letter postage. I agree with Mr. SPEARE and his colleagues that it would not be prudent to adopt the resolution if it meant the placing of that class matter on the same basis as second class matter. If, for instance, it meant a serious loss to the Department I should seriously oppose it. But what are the facts? As Mr. ANDERSON says, it is not proposed to make a change which means a loss in the handling of matter, but it recognizes that there will still remain a profit of I37 per cent. to the Government. If the National Government makes a monopoly of one part of its business in which most of us participate, I think it will be conceded that the Government has no right to charge the users of that Department with 370 per cent. profit. What railroad company could stand if allowed to make such aprofit as that in its business? But that is apart from the question. The public, however, generally do not understand that, because ' postal matters, as a rule, are regarded as a who'.e. We speak ofa deficit in the Postal Department. What does that deficit consist of? Does it mean a deficit in first-class postage? Not at all, because that means a profit of between $ 50,000,000 and $60,000,000, which leaves a loss of $ 38,000,000, caused...show more

Product details

  • Paperback | 126 pages
  • 189 x 246 x 7mm | 240g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236987047
  • 9781236987044