Page:United States Statutes at Large Volume 17.djvu/929

 POSTAL CONVENTION- GREAT BRITAIN. J Uma 30 & J LILY 27, 1871. 889 Armory: XI. Duplicate orders shallonly be issued by the postal administration of the Duplicate orwuntry on which the original orders were drawn, and in conformity with dmthe regulations established or to be established in that country. Amicus XII. At the close of each quarter three copies of an account shall be prepared »’*·¢¤<>¤¤*¤ beand transmitted by the office at London, exhibiting the balance found due ;:::;£;§,°;f;_ on the exchanges of orders during the quarter ; which balance, after proper verification, shall, if due by the United States office, be paid at London; but if due by the British office, it shall be paid at New York, and always in the money of the country to which the payment is made. If, pending the settlement of an account, one of the two postal administrations shall ascertain that it owes the other a balance exceeding one thousand pounds sterling, the indebted administration shall promptly remit the approximate amount of such balance to the credit of the other. This account, and the 8 letters which accompany such intermediate remittances, shall be in accord- $3:; g%1_97 ance with the Forms C, D, and E, annexed to this convention. ’ Airrrcmt XIII. Until the two general post·oBices shall consent to an alteration, it is Thepcund agreed that, in all matters of account relative to money-orders which shall “°'i'f‘§ °° b° tm .. _ equisn ent of ibut result from the execution of the present convention, the pound sterling of doth,-S ,,,4 Great Britain shall be considered as equivalent to four dollars and eighty~ °}sS:5*-*iTd¤¤¤\f¤ six cents of the gold coin of the United States. gxé? %°,,,,§§m s. Anrrcrn XIV. Each exchange office shall certify its orders to the other in amounts O}‘g$£S_*»<> iw designated in the denominations of the money both of the despatching and gg2in2in;?,;;; 0,, receiving country at the rate of conversion established upon the basis of m0ncy_of both gold by Article XIII, of this convention. This conversion shall be checked °°“¤‘¤°°· at the receiving office of exchange. Amrcra XV. All payments for money-orders, whether to or by the public, if not in Money;-orders gold, shall be made to the nearest practicable equivalent. §:{;bL‘;;‘Q0§€’ d equivalent. Arcrrorn XVI. The value, in gold coin of the United States of deposits in paper money hThe value of made in that country for payment in Great Britain, shall be determined ;€:cl;“g?',§g’6n,_ at the exchange office of New York, according to the rate of premmm ion my snag to be gold on the day of receipt at that office of notification of such deposits. ggxpxllpgdtzg OH the other hand, the value, in United States paper currency, of money I,,.,,,,,,,?,,, 0,, Som, orders certified in the lists sent from the exchange office of London to the exchange office of New York, shall be determined (also at New York) in accordance with the premium on gold on the day of the receipt of such lists. Aurrorn XVII. Orders which shall not have been paid within twelve calendar months wgggefggygdd from the month of issue shall become void, and the sums received shall ,,,0,,,,,, ,0 be. accrue to, and remain at, the disposal of the country of- origin. The gid} sugpipgxl British office shall, therefore, enter to the credit of the United States ID w°v"fh:‘;n_ E