The anticipated and natural revival of
the revenue has been oppressed and retarded by the unfavorable business
condition of the country, of which the postal service is a faithful
indicator. The gratifying fact is shown, however, by the report that our
returning prosperity is marked by a gain of $380,000 in the revenue of
the latter half of the last year over the corresponding period of the
preceding year.
The change in the weight of first-class matter which may be carried
for a single rate of postage from a half ounce to an ounce, and the
reduction by one-half of the rate of newspaper postage, which, under
recent legislation, began with the current year, will operate to
restrain the augmentation of receipts which otherwise might have been
expected to such a degree that the scale of expense may gain upon the
revenue and cause an increased deficiency to be shown at its close.
Yet, after no long period of reawakened prosperity, by proper economy
it is confidently anticipated that even the present low rates, now as
favorable as any country affords, will be adequate to sustain the cost
of the service.
The operation of the Post-Office Department is for the convenience
and benefit of the people, and the method by which they pay the charges
of this useful arm of their public service, so that it be just and
impartial, is of less importance to them than the economical expenditure
of the means they provide for its maintenance and the due improvement of
its agencies, so that they may enjoy its highest usefulness.
Pages:
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111