A Letter to the Postmaster General Reviewing the Recommendations of His Annual

Cover A Letter to the Postmaster General Reviewing the Recommendations of His Annual
A Letter to the Postmaster General Reviewing the Recommendations of His Annual
William Orton
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And is it possible to produce a different result under an elective system ? No civil service rules touch- ing character and competency, however faithfully administered by men indebted for their own positions to personal and political favor, will ever be as successful in securing the fittest agents to have charge of intricate and delicate business operations as that instinct of self-interest which governs men in the conduct of their private affairs.
STATISTICS versus ESTIMATES.
The Postmaster- G
...eneral next proceeds to give sundry finan- cial items taken from the Western Union report. The figures which he presents show that of the net profits of the company, which amounted to $20, 312, 618 during the last seven years, more than $13, 000, 000 are represented by new property acquired during that time, and by assets now on hand. I refer to these statements only for the purpose of contrasting them with the estimate made by the Postmaster. General one year ago, and con- cerning the correctness of which he now expresses " full confi- dence, " that the property of the "Western Union and all the other telegraph companies in the United States could be reproduced 26 for $11, 880, 000 !

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