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Postal rates to 1847. Initial United States postage rates were set by Congress as part of the Postal Service Act signed into law by President George Washington on February 20, 1792. The postal rate varied according to "distance zone", the distance a letter was to be carried from the post office where it entered the mail to its final destination.
Benjamin Franklin — George Washington The First U.S. Postage Stamps, issued 1847. The first stamp issues were authorized by an act of Congress and approved on March 3, 1847.[ 20] The earliest known use of the Franklin 5¢ is July 7, 1847, while the earliest known use of the Washington 10¢ is July 2, 1847.
This issue paid the postcard and letter rates on the May 1930 Pan American flight that departed from Germany, flying to Brazil and then the United States. Postage rates depended on the distance between points along the route. [10] The Scott catalog number for this issue is C14. Out of 1,000,000 stamps printed, [11] only 72,428 were sold. [14]
The history of taxation in the United States begins with the colonial protest against British taxation policy in the 1760s, leading to the American Revolution. The independent nation collected taxes on imports ("tariffs"), whiskey, and (for a while) on glass windows. States and localities collected poll taxes on voters and property taxes on ...
But it was the first time rates for first-class mail had been increased in 15 years. From 1930 to 1935, the volume of mail handled fell to 22.3 billion pieces from 27.9 billion; it wouldn't return ...
The USPS will bump the cost of a first-class Forever stamp to 73 cents on July 14, a 5% jump from the previous price point and 10 cents above the price at the start of 2023. The announcement about ...
In 1875, the Internal revenue department issued a 2-cent revenue, depicting an allegory of Liberty. Printing of this issue continued into 1878. This was the first U.S. Revenue stamp to be issued that did not bear the portrait of George Washington. The Liberty issue was printed on silk bluish paper.
However, from December 1982 through December 2011, the all-items CPI-E rose at an annual average rate of 3.1 percent, compared with increases of 2.9 percent for both the CPI-U and CPI-W. [28] This suggests that the elderly have been losing purchasing power at the rate of roughly 0.2 (=3.1–2.9) percentage points per year.