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Money to the Old World

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Pacific Press Publishing Association · Mountain View, California · Feb 15, 1910

FromSigns of the Times, Vol. 37, No. 7.

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Money to the Old World

Money to the Old World.—It is reported that the lack of confidence on the part of foreign immigrants to this country results in the sending of millions of dollars by postal money-orders from the United States to foreign countries each year. Since 1890 it is stated that $640,640,000 has been sent abroad. In the year 1909 a total of nearly $77,000,000 was sent abroad by foreign workmen. Auditor Chance of the Post-office Department declares that this might be largely stopped by the establishment of postal savings banks.