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FEDERAL RESERVE BOARD 264 WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO THE FEDERAL RESERVE BOARD X - 4 o I 7 A p r i l 11, SUBJECT: Changes i n p o s t a l r a t e s . Dear S i r : There i s e n c l o s e d h e r e w i t h copy of a l e t t e r a d d r e s s e d Tby t h e Third A s s i s t a n t P o s t m a s t e r General t o t h e A s s i s t a n t S e c r e t a r y of t h e Treasury which i s s e l f e x p l a n a t o r y and i s b e i n g f o r w a r d e d t o you f o r y o u r information. The Board u n d e r s t a n d s t h a t the p o s t m a s t e r s i n t h e F e d e r a l r e s e r v e and branch bank c i t i e s a r e a b l e t o f u l l y a d v i s e t h e r e s e r v e banks and b r a n c h e s o f t h e e f f e c t w h i c h t h e r e c e n t p o s t a l l e g i s l a t i o n w i l l h a v e on t h e c o s t s of c u r r e n c y s h i p m e n t s and o t h e r r e g i s t e r e d mail matter. Very t r u l y y o u r s , V i c e Governor. Enclosure: To a l l Governors. 1925 * COPY X-4317-a April 2, 1925. Hon. C h a r l e s S. Dewey, A s s i s t a n t S e c r e t a r y , T r e a s u r y Department, Washington, D.C. Hy clear S i r : The a c t o f February 2 8 , 1925, making m o d i f i c a t i o n s i n p o s t a g e r a t e s , w h i c h becomes e f f e c t i v e on A p r i l 15, 1925, p r o v i d e s t h a t i n a u d i t i o n t o t h e p o s t a g e a t t h e pound r a t e s a c c o r d i n g t o zone t h e r e s h a l l be a s e r v i c e c h a r g e o f two c e n t s f o r each p a r c e l o f f o u r t h c l a s s m a t t e r , e x c e p t upon p a r c e l s c o l l e c t e d on r u r a l d e l i v e r y r o u t e s , which i s t h e e q u i v a l e n t of two c e n t s a d d i t i o n a l on t h e f i r s t pound o f such p a r c e l s . * I am b r i n g i n g t h i s t o your a t t e n t i o n f o r t h e r e a s o n t h a t p a r c e l s o f c o i n and c u r r e n c y , m u t i l a t e d c u r r e n c y , b o n d s , and o t h e r m a t t e r , a c c e p t e d a t t h e f o u r t h - c l a s s or p a r c e l p o s t r a t e s when m a i l e d by t h e T r e a s u r y Department and t h e F e d e r a l r e s e r v e banks and t h e i r b r a n c h e s w i l l , i n a d d i t i o n to t h e p o s t a g e a t t h e pound r a t e s a c c o r d i n g t o z o n e , be s u b j e c t , on and a f t e r A p r i l * 1 5 , 1 5 2 5 , t o t h e two-cent s e r v i c e charge. The f e e s , w h i c h a r e i n a d d i t i o n t o t h e p o s t a g e and s e r v i c e c h a r g e , w i l l remain t h e same a s h e r e t o f o r e . ir5hen t h e m a t t e r e x c e e d s 70 or 50 pounds, a c c o r d i n g to t h e p a r c e l p o s t zone t o w h i c h t h e s h i p m e n t s a r e a d d r e s s e d , t h e p o s t a g e , s e r v i c e c h a r g e and f e e w i l l , a s h e r e t o f o r e , be b a s e d on e a c h u n i t o f 70 or 50 pounds or f r a c t i o n t h e r e o f , a s t h e c a s e may b e . The p o s t m a s t e r s a t t h e p o s t o f f i c e s a f f e c t e d w i l l be a d v i s e d accordingly. Sincerely yours, ¥ . I r v i n g Glover Third A s s i s t a n t P o s t m a s t e r G e n e r a l .
@FedFRASER