Transportation of Moneys By Express. Hearings Before the Committee On Ways And Means of the House ..

Cover Transportation of Moneys By Express. Hearings Before the Committee On Ways And Means of the House ..
Transportation of Moneys By Express. Hearings Before the Committee On Ways And Means of the House ..
United States. Congress. House. Committee On Ways And Means
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The Chairman. The banks pay insurance.
Mr. Gaines, of Tennessee. But it is infinitesimal.
The Chairman. I know; but they pay it.
Mr. Gaines, of Tennessee. Of coures they do; better pay an infini- tesimal insurance than allow it to be lost through the mails.
Mr. Gaines, of West Virginia. If the banks can send by mail, paying the rate of insurance, and send more cheaply than by paying the rate of expressage, I do not see why the Government should not send by its own mail facilities, paying the sa
...me insurance.
Mr. Gaines, of Tennessee. Exactly; and it is a very small insurance, practically nothing; but it makes it safe. ^ Mr. Dalzell. Let me say this : It seems to me that what you are after is to work some change in the contract between the Government and these parties for the carriage of this money. How are you going to accomplish that by passing a resolution calling upon the Secretary of the Treasury for information that we already nave ?
34 TRANSPORTATION OF MONEYS BY EXPRESS.
Mr; Gaines, of Tennessee.


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