The Post Check Currency Bill

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Pacific Press Publishing Company · Oakland, California · May 21, 1902

FromSigns of the Times, Vol. 28, No. 21.

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The Post Check Currency Bill

The Post Check Currency bill now before Congress seems to be a good thing. It proposes to reprint all $1.00, $2.00, and $5.00 treasury notes; coin, or silver certificates now in circulation, and have the face of the bills provided with blank spaces so that the bill which ordinarily is common negotiable money, becomes a personal check, and may, by affixing a two-cent stamp in blank space provided, be safely sent through the mails without fear of loss. In the blank space is written the person's name to whom the money is sent, with his address. He receives it, presents it at the post-office with his signature and proof of identity, and collects his money. It is a splendid thing for the country; would do away with trips to the post-office, bank, or express-office, and would save business houses from disposing of thousands of dollars' worth of stamps every year. A fractional currency is also proposed of 5, 10, 25, and 50 cent denominations. It is a good thing, and would save great trouble and loss.