14 MARCH 1981, Page 11

One hundred years ago

Mr Fawcett made an interesting statement on Thursday night as to the growing popularity of the new postal orders. The number of postal orders now issued for is. was at the rate of 260,676 per annum, for 2s.6d. at the rate of 283,676 per annum, and for 5s. at the rate of 552,864 per annum, so that the orders are much more frequently taken out for the larger sums than for the smaller, — one reason, no doubt, being that very small sums are often transmitted by means of postage stamps. Mr Fawcett added that as yet there had been no complaints of attempted frauds arising out of these postal orders. For fraud, however, of this sort, it is still too soon. The genius of fraud likes to weigh a subject well, before engaging in it, and there has been as yet no time to consider the modes in which fraud might best counterfeit, or otherwise appropriate to its own service, the new postal orders.

Spectator 12 March 1881