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1
435
Her Majesty's Mails
·
William Lewins
125
Though
the
charges
were
reduced
to
a
commission
of
sixpence
for
sums
under
two
pounds,
and
of
one
shilling
and
sixpence
for
sums
up
to
five
pounds,
the
new
branch
was
worked
at
a
loss,
owing
to
the
high
rates
of
postage
and
the
double
payment
to
which
letters
containing
enclosures
were
subjected.
After
the
introduction
of
penny
postage,
the
change
was
so
marked,
that
the
immense
success
of
this
branch
establishment
may
be
considered
as
entirely
owing
to
the
reduction
of
postage-rates.
Had
the
penny-postage
scheme
done
no
more
for
the
nation
than
assisted
the
people
in
the
exercise
of
a
timely
prudence
and
frugality,
stimulating
them,
as
it
can
be
proved,
to
self-denial
and
benevolence,
it
would
have
done
much.
But
we
are
anticipating
an
important
era.
Soon
after
the
passing
of
the
Penny-postage
Act,
the
commission
on
money-orders
was
reduced
to
threepence
instead
of
sixpence,
and
sixpence
for
any
amount
above
two
pounds
and
under
five
pounds.
In
1840,
the
number
of
money-order
transactions
had
increased
to
thousands,
in
the
place
of
hundreds
under
the
old
régime.
The
money
passed
through
the
office
in
the
advent
year
of
cheap
postage
amounted
to
nearly
half
a
million
sterling,
the
Post-Office
commission
on
the
sum
exceeding
6,000l.
The
rate
of
increase,
subsequently,
may
best
be
shown
by
taking
a
month's
work
ten
years
afterwards.
Thus,
during
one
month
of
1850,
twice
as
many
orders
were
taken
out
and
paid
as
were
issued
and
paid
during
1840,
the
particulars
of
which
year
were
given
above.
The
same
rate
of
increase
has
continued
up
to
the
present
moment.
During
the
year
1862,
the
number
of
orders
had,
in
round
numbers,
risen
to
more
than
seven
and
a
half
millions,
or
a
money-value
exceeding
sixteen
millions
sterling,
the
commission
on
the
whole
amounting
to
more
than
one
hundred
and
thirty-six
thousand
pounds.[70]
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