Show no profit in aboney order there does not seem to be any prospect that the money order business can be made to pay a profit to uncle sam in future it was started in 1865 with an appropriation by congress of and during the first eight months there was a loss of more than As the system grew it became more remunerative to the government until it began to show a margin of pain abent ten years ago for the last three years however there has been a loss on it mainly because the average sum sent by money order has diminished the average cost to the government of a money order westher for a small or large amount ia a trifle over ten cents while the average fee paid now ia only a fraction more than eight cents however the loss on domestic money orders ia made ap to some extent by the profit on international money orders during the last fiscal year the postoffice post office department cleared on the purchase of bills of exchange to settle balances with foreign countries on account of money orders issued washington star |