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1
435
Her Majesty's Mails
·
William Lewins
432
In
short,
a
comparison
of
the
year
1863
with
1838
(the
last
complete
year
under
the
old
system)
shows
that
the
number
of
chargeable
letters
has
risen
from
76,000,000
to
642,000,000;
and
that
the
revenue,
at
first
so
much
impaired,
has
not
only
recovered
its
original
amount,
but
risen,
the
gross
from
2,346,000l.
to
about
3,870,000l.
and
the
net
from
1,660,000l.
to
about
1,790,000l.[217]
The
expectations
I
held
out
before
the
change
were,
that
eventually,
under
the
operation
of
my
plans,
the
number
of
letters
would
increase
fivefold,
the
gross
revenue
would
be
the
same
as
before,
while
the
net
revenue
would
sustain
a
loss
of
about
300,000l.
The
preceding
statement
shows
that
the
letters
have
increased,
not
fivefold,
but
nearly
eight
and
a
half
fold;
that
the
gross
revenue,
instead
of
remaining
the
same,
has
increased
by
about
1,500,000l.;
while
the
net
revenue,
instead
of
falling
300,000l.,
has
risen
more
than
100,000l.
While
the
revenue
of
the
Post-Office
has
thus
more
than
recovered
its
former
amount,
the
indirect
benefit
to
the
general
revenue
of
the
country,
arising
from
the
greatly
increased
facilities
afforded
to
commercial
transactions,
though
incapable
of
exact
estimate,
must
be
very
large.
Perhaps
it
is
not
too
much
to
assume
that,
all
things
considered,
the
vast
benefit
of
cheap,
rapid,
and
extended
postal
communication
has
been
obtained,
even
as
regards
the
past,
without
fiscal
loss.
For
the
future,
there
must
be
a
large
and
ever-increasing
gain.
The
indirect
benefit
referred
to
above
is
partly
manifested
in
the
development
of
the
money-order
system,
under
which,
since
the
year
1839,
the
annual
amount
transmitted
has
risen
from
313,000l.
to
16,494,000l.--that
is,
fifty-two
fold.
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