Word: postal
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Dates: during 1950-1959
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...three eastern companies, its founders had no thought of handling anything but freight and money. Co-Founder Henry Wells in 1841 had pioneered express service from Manhattan to Buffalo, later began New York-Buffalo mail service by printing orange stamps and carrying letters for 6? v. .the 25? Government postal rate. As a result, the U.S. Post Office set up a nationwide 3? postage in 1848. American Express helped build its freight business by introducing C.O.D. shipments, but the most important American Express invention-and its No. 1 moneymaker-was the traveler's cheque (the company has never modernized...
...attitude of TIME, Feb. 20, toward Postmaster General Arthur Summerfield's report to the President and Congress for a more realistic approach to postal costs is commendable. Postal operations require constant and daily supervision to improve the service and give people the service they desire. I know-I have been at it for over 32 years, but you can't expect $5 service...
...postman was scarcely out of the door today when we threw away 43 pieces of bulk-rate mail. Increasing the postal rates on this bothersome junk would help our postmen and, most of all, the Post Office Department. They have to handle it and run up a deficit doing it. But this could never happen, since it would mean increasing rates on magazines and newspapers...
...increase in second-and third-class mail- were open to argument on detail. But there could be no doubt that some increase was necessary in all three classes of mail. Congress-which last year denied a similar Summerfield request-was faced with a clear choice: higher postal rates or indefinite continuance of the built-in Post Office deficit...
Trouble with Postcards. The limiting factor, said Kefauver, is money. He explained in his best patched-pants style: "When I was out in California the other day, somebody told me that just to send a postal card to all the Democratic voters of California costs at least $115,000-one postal card. So that this campaigning has gotten to be very, very expensive . . . I do not have the money available and I do not know where I am going to get funds from. I do have reason to feel that some people will help me ..." Kefauver was asked what differences...