POSTAL NOTES.
The 'European Mail' states that Parlament it is to be asked during the session to legalise a scheme of postal notes in conjunction with money orders, and suggests that the colonies would do well to follow up the same idea. It is proposed to issue notes of fixed sums of 2a 6d, os, 10s, and 20s, the two first to be charged Id each, and the two latter 2d each. These notes are to be payable to bearer at any savings bank or money order office, while, to ensure extra security, senders will be able to cross such notes, or make them payable at any particular office, and to insert the name of any payee, thus giving them all the safety of a crossed cheque payable to order. An important feature in the scheme is that these notes will be sold in books as well as singly, so that the necessity of going to a money order office every time money is to be transmitted, and between certain hours in the day, will be done away with.
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Bibliographic details
Bruce Herald, Volume XIII, Issue 1205, 21 May 1880, Page 6
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179POSTAL NOTES. Bruce Herald, Volume XIII, Issue 1205, 21 May 1880, Page 6
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