The United States Postal Deficit

Archive Report

Estimates at the close of the fiscal year 1929 that the postal deficit for the year would amount to $95,000,000, exclusive of the $42,000,000 awarded to railway companies as additional pay for transportation of the mails between 1925 and 1928, brought a statement from the White House on July 9 that has been taken as foreshadowing a thorough reëxamination of the entire postal policy of the United States. It was announced that the President had become convinced that “the rapidly mounting postal deficit must be reduced,” and that the postal establishment must be operated “as a self-sustaining business organization,” so that the cost of the service will be borne “by the persons who receive its benefits and not by the taxpayers of the country.”

The ...

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