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Byline: The Register-Guard

From the why-didn't-they-think-of-this-before department: The U.S. Postal Service The U.S. Postal Service (USPS) processes and delivers mail to individuals and businesses within the United States. The service seeks to improve its performance through the development of efficient mail-handling systems and operates its own planning and engineering programs.  proposes issuing stamps that would be good until used. The proposal softens the sting of a postal rate increase that is also part of the proposal. After the "forever stamp" becomes available, at least people won't have to add a few pennies of postage POSTAGE. The money charged by law for carrying letters, packets and documents by mail. By act of congress of March 3, 1851, Minot's Statute at Large, U. S. 587, it is enacted as follows:
     2.-Sec. 1.
 to ensure the delivery of their mail.

It was just a few months ago that the cost of mailing a first-class letter went to 39 cents from 37 cents. Newspapers and television broadcasts around the country featured stories of people standing in long lines In communications, circuits that are capable of handling transmissions over long distances.  to buy 2-cent stamps to go with their 37-centers. It's safe to say that everyone in those lines thought it was ridiculous to spend their lunch hours buying stamps costing 2 cents apiece a·piece  
adv.
To or for each one; each: There is enough bread for everyone to have two slices apiece.



[Middle English a pece : a, a; see a
. But they had to do it - otherwise, their old 37-cent stamps would become worthless unless they used two of them.

Now the Postal Service postal service, arrangements made by a government for the transmission of letters, packages, and periodicals, and for related services. Early courier systems for government use were organized in the Persian Empire under Cyrus, in the Roman Empire, and in medieval  has asked the independent Postal Rate Commission Noun 1. Postal Rate Commission - an independent federal agency that recommends changes in postal rates
independent agency - an agency of the United States government that is created by an act of Congress and is independent of the executive departments
 to approve an increase to 42 cents, effective next year. That means people will need 3-cent stamps to go with their soon-to-be-obsolete 39-cent stamps. But there's light at the end of the tunnel.

Starting with the next round of postal rate increases, the Postal Service proposes that patrons be offered stamps costing 42 cents that will always be sufficient to ensure delivery. When postal rates go to 45 cents, as the Postal Service expects in the next few years, the Years, The

the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109]

See : Time
 "forever stamps" purchased for 42 cents would still be good without additional postage. The cost of "forever stamps" would increase along with postal rates, going to 45 cents in a few years and who knows how much higher later on, but whatever the price, the stamps would always be good until used.

So what's to keep people from buying a lifetime supply of "forever stamps?" Nothing - indeed, the Postal Service hopes people will do exactly that. The Postal Service would get its customers' money up front, and "forever stamps" would lie in desk drawers for years. Some of the stamps would be lost, destroyed or never used, so their sale would represent pure profit for the Postal Service.

For some customers, the opportunity to protect themselves from future rate increases by purchasing "forever stamps" would be a strong attraction. For most, the convenience of never having to buy 2- or 3-cent stamps, or remember what they paid for transitional stamps bearing no denomination Denomination

The stated value found on financial instruments.

Notes:
This term applies to most financial instruments with monetary values. The denomination for bonds and securities would be face value or par value.
, would be the primary benefit. The Postal Rate Commission should embrace the "forever stamp" with enthusiasm as a rare opportunity to make postal rate increases easier to bear.
COPYRIGHT 2006 The Register Guard
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Editorials; 'Forever stamp' an overdue idea
Publication:The Register-Guard (Eugene, OR)
Article Type:Editorial
Date:May 6, 2006
Words:435
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