It is dangerous to carry money in your pocket or to
leave it at home. It is also dangerous to entrust it to the so-called
private banks. In the last ten years at least $100,000,000 has been lost
by immigrants confiding their hard-earned savings to private bankers, who
have failed or absconded.
But savings banks everywhere in the United States are
under the constant supervision of the state, and your money with them is
entirely safe. An account
can be opened with as small a sum as $1, and they will
accept deposits up to the amount of $3,000. The rate of interest paid by
the savings banks varies from 3½% to 5% per annum.
They are often open certain evenings of the week. By the law of New York
women and children have the control of their savings bank account.
Savings banks are instituted for the purpose of
encouraging thrift and the habit of saving on the part of the people. The
deposit with them regularly of a small sum soon accumulates, with
interest, to a large amount. Ten cents deposited each day with interest at
4% will amount in five years to $197.70;
cents each day for five years to $494.25; fifty cents each day to $988.50.
The United States Government has established a Postal
Savings system, by means of which any person over ten years of age can
deposit money at a Post Office with the guaranty of the Government for its
repayment. Withdrawals can be made at any time without notice, and
interest at two per cent is paid for each year that the money remains on
deposit. No one can deposit more than $100 in anyone month, nor have more
than $500 on deposit in his account. The service was established at all
large Post Offices in 1911 and is to be extended to all Post Offices where
Money Orders are sold.
There are only three safe ways of sending money either
abroad or within the United States. Send money exclusively in one of these
1. POSTAL MONEY ORDERS--
A simple way for those who only understand Yiddish,
because we have printed a facsimile of the official blanks below.
These money orders may be obtained at about fifty-five thousand post
offices in the United States. The system is very economical and simple.
Postal Money Order Blank--Payable in the United States.
Postal Money Order Blank--Payable in Russia.
Click on photographs to enlarge.
FEES TO RUSSIA, AUSTRIA, HUNGARY, GERMANY--
The charge varies from 10c.
for $10 to $1 for each $100 transmitted. The maximum amount for which a
single international money order may be issued is $100, but there is no
limit to the number of international money orders which may be issued in
one day to the same remitter in favor of the same payee. Attention must be
given to the following rules:
The full address of the payee must be given. This must
include the street and number, if he lives in a city. If payment is to be
made to a married woman or widow, her husband's name should be given as
well as her maiden name. Money Orders may be filled out in Russian or
German characters, but Hebrew characters must not be used.
WITHIN THE UNITED STATES and our island possessions,
also including Canada and most of the West India Islands. The rate varies
from 3c. for $2.50 to 30c. for $100, and again the maximum amount for
which a single money order may be issued is one hundred dollars.
2. FOR THOSE WHO UNDERSTAND ENGLISH, the American
Express Company sends money anywhere within the United States or abroad
very cheaply and safely.
3. ALMOST ANY NATIONAL BANK AND ALMOST ANY SAVINGS BANK
OUTSIDE OF NEW YORK CITY will also send your money cheaply and safely.
SPECIAL NOTICE-- USE NO OTHER
MEANS EXCEPT THOSE ABOVE INDICATED FOR SENDING YOUR
POSTAL RATES AND REGULATIONS.
TO RUSSIA, AUSTRIA AND TO ALL OTHER FOREIGN COUNTRIES
NOT INCLUDED IN THE DOMESTIC RATES--
in a sealed envelope--pay five cents an ounce, and
three cents for each additional ounce.
Postal cards, single two cents each, double four cents
with no writing except the address (not even
the date), one cent.
Registered letters pay the usual rate, five cents for
each ounce, and in addition, ten cents for registration.
Papers and periodicals, books and printed matter, one
cent for each two ounces.
ANYWHERE WITHIN THE UNITED STATES, and to Guam, Hawaii,
Philippine Islands, Porto Rico, Tutuila, the Canal Zone and to Canada,
Cuba, Mexico and the Republic of Panama:
Letters, manuscripts, and anything sealed, two cents
for each ounce or fraction.
This rate also applies to letters for Germany, Great
Britain and Ireland.
Postal cards one cent.
Newspapers and periodicals one cent for each four
ounces or fraction.
SPECIAL DELIVERY LETTERS--
Placing ten cents in stamps upon an envelope in addition
to the regular postage, and writing in a clear hand beneath them "Special
Delivery", secures immediate delivery of the letter within the
carrier-delivery limit of the city free delivery, and within one mile of
any other United States post office.
Registration provides for safe transmission and correct
delivery. The United States registered mails go to every post office in
the world. All valuable letters and parcels, with valuable contents,
should be sent registered. Registry fee is ten cents in addition to the
regular rate, whether for foreign or domestic mail. Do not forget to keep
the receipt given you for your letter. Without extra cost, every
registered letter, or parcel prepaid at the letter rate, mailed at, and
addressed to any United States post office, is insured against loss
up to a value of twenty-five dollars. Letters and parcels may be registered
at any post office or at any post office station.
Post offices and postal stations are open for registration
from nine in the morning until six at night.
Sending parcels to Germany, Austria and most foreign
countries the rate is twelve cents a pound or fraction. The limit of
weight is eleven pounds. The registration fee is ten cents. Parcels can
only be sent to Russia by prepaying letter rates--five
cents an ounce, and three cents for each additional ounce. Such parcels
are subject to the inspection as well as to the regulations of the Russian
THE UNITED STATES-- The parcels post service
forwards merchandise of every kind at small cost. The rate varies with the
distance and weight. Up to 150 miles, the package must not weigh more than
50 pounds. Over 150 miles, 20 pounds. No package must be more than 72
inches in length and girth combined. For a small additional fee, packages
may be insured.
Parcels of any size, or weight, which do not contain
explosives or perishable goods, may be sent
by any one of many express companies. The most important of these are:
Adams' Express Company
W ells, Fargo
Their rates do not differ greatly, and often are about
the same as those of the post office. They have branches in even the
smallest towns in the United States.
The telegraph service is by private companies and not
by the government.
WITHIN THE UNITED STATES--
The rates vary according to distance. It is always a fixed
rate for the first ten words, and so much in addition for
each additional ,vord. The name,
address, and signature are sent without charge.
The rate varies for different countries.
To Russia the rate from New York City
is fortythree cents for each word; to Austria thirty-two cents; to
Germany twenty-five cents. In telegrams to foreign countries, every word
must be paid for, including name, address and the signature.