# O121-26 - 1910-11 Postal Savings - w/free pages, (6)
Unusual “Postal Savings Mail”
Helped Immigrants Prosper
Purchase the complete set of 6 used Postal Savings Mail stamps and get Mystic’s exclusive album pages absolutely FREE! Seldom-seen Official Stamps document an innovative era in American history.
SAVE on Complete Set
Congress established the Postal Savings program in 1910 as “safe, convenient depositories for Americans.” Although the program was largely intended for rural Americans without convenient access to traditional banks, urban immigrants who distrusted banks were the primary users. Competitive 2% annual interest rate remained secure during the Great Depression.
Although the program continued, Postal Savings Mail official stamps were abolished after just four years – and the remaining inventory was destroyed.
Own the complete set of seldom-seen Postal Savings Mail stamps and all the neat history that comes with them – order yours today!
Return Of Official Mail Stamps
The roots of Official stamps stretch back nearly 200 years. In 1791, Congress met and passed an act establishing post offices and routes in the United States. One of the clauses of the act allowed for franking privileges.
With every change of the law, more people were added to the list of those who had franking privileges. In an 1869 report, Postmaster General John Creswell noted that 31,933 people were then permitted to send mail for free. That meant a $5,000,000 yearly expense for the Federal government!
Abuses ranged from using franking to send laundry to the cleaners, to more serious complaints surrounding elections. Incumbent congressmen were able to send vast amounts of campaign material through the mail for free, giving them a sizable advantage over challengers. One legend also tells of a senator who sent his horse home to Pittsburgh, Pennsylvania, by franking its bridle!
In 1884, the Officials were declared obsolete and were replaced with the “penalty” envelope. These envelopes were imprinted with an official emblem and carried a warning against unauthorized use by private individuals.
Unusual “Postal Savings Mail”
Helped Immigrants Prosper
Purchase the complete set of 6 used Postal Savings Mail stamps and get Mystic’s exclusive album pages absolutely FREE! Seldom-seen Official Stamps document an innovative era in American history.
SAVE on Complete Set
Congress established the Postal Savings program in 1910 as “safe, convenient depositories for Americans.” Although the program was largely intended for rural Americans without convenient access to traditional banks, urban immigrants who distrusted banks were the primary users. Competitive 2% annual interest rate remained secure during the Great Depression.
Although the program continued, Postal Savings Mail official stamps were abolished after just four years – and the remaining inventory was destroyed.
Own the complete set of seldom-seen Postal Savings Mail stamps and all the neat history that comes with them – order yours today!
Return Of Official Mail Stamps
The roots of Official stamps stretch back nearly 200 years. In 1791, Congress met and passed an act establishing post offices and routes in the United States. One of the clauses of the act allowed for franking privileges.
With every change of the law, more people were added to the list of those who had franking privileges. In an 1869 report, Postmaster General John Creswell noted that 31,933 people were then permitted to send mail for free. That meant a $5,000,000 yearly expense for the Federal government!
Abuses ranged from using franking to send laundry to the cleaners, to more serious complaints surrounding elections. Incumbent congressmen were able to send vast amounts of campaign material through the mail for free, giving them a sizable advantage over challengers. One legend also tells of a senator who sent his horse home to Pittsburgh, Pennsylvania, by franking its bridle!
In 1884, the Officials were declared obsolete and were replaced with the “penalty” envelope. These envelopes were imprinted with an official emblem and carried a warning against unauthorized use by private individuals.