Show U. U S. S Postal Laxity I ITH the contin continued cd disclosures of the thel iv vv VV operations of Charles H H. H Ponzi the ei ioney wizard of Boston Doston the greater becomes becomes be- be comes coines the wonder that the postal fies ies at Washington did not sense the affair supply information to the depa department ment f justice that would have resulted in m at atan ast an investigation into the case many 3 or even months before c ore the c o on of the Pi Alley Atley financial bubble 7 jf Latest developments show that during the the the eight months previous In which Ponzi conducted his operations the waiter ex-waiter who k fasted and din dined d as a a financial wizard took in approximately 1 which contributed by at least and pos- pos I residents of half a dozen Eastern states 1 During the eight months in which Ponzi's Scheme heme was in operation the promoter used he mails so freely fredy that the attention the postal authorities supposedly ever on the alert to det detect t efforts at fraud through the t ise e of f the mails scarcely could have a avoided voided ink being called to the affair while the claims of of the promoter to rewards for or investors amounting to several hundred per cent an- an alone should have aroused suspicion n the minds of government officials that Something was vas wrong r l' l In addition the postal authorities were vere a 3 position to know that no transactions f such immense immens proportions could have ve veA b A been en possible in connection with dealings tn ln international reply coupons According I Lb p the statement now made by the postal the United States is the largest Juser iser of international reply coupons in the i yet during the past year there w were re sued to postmasters in this coun country ry as a Reserve f supply about coupons with t sale ale value of only approximately he he entire supply of these coupons i issued sued p orthe r the use of the United States for the past even years has amounted to only about coupons with a sale value of bout ii It also is officially stated tint that the issue St d redemption of international reply co cou cou- ons during the past six years by all of ir ic e countries in the int international postal nion amounts in the aggregate to less than 50 at either cither the selling price of 6 or the redemption price of 5 cents I l It is is conceded the government pL postal stal constantly is is doing good work in n or stopping fraudulent opera- opera ion th through ough the mails and it it is strange an like that of the Ponzi case should ave jave been permitted to continue such stich a of time without as now now app appears rs he slightest inquiry |