The penny post between the British Isles and the United
States was established on October 1st. Mr. Sydney Buxton, the Postmaster-General, is to be congratulated upon an excellent piece of work. The cheapening of postal inter- course between the two branches of the Anglo-Saxon race cannot but be for our good, socially and commercially. At the same time, we sympathise with the note of warning struck by theNew York correspondent of the Daily Telegraph. He tells us that we must expect to be flooded with circulars- from American concerns which proceed on the principle that " there is at least one fool born every minute in America and two in Europe." He forecasts that the " get-rich-quick " concerns in America will now besiege British investors, and he warns them to remember that a statement made in an English prospectus which if untrue might land the offender in gaol would be alloived to pass ntiresented on the other side of the Atlantic. The circulation of such appeals is, of course, no reason against the adoption of penny postage; but it is just as well that the British householder shoUld be put on his guard.
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