The U.S. Post Office reports another record deficit for the year ending June 30, 1859

The vast United States Post Office system reported another record deficit for the year ending in the middle of 1859.  The Post Office had not run in the black since 1851 thanks to changes in the regulations and, especially, burgeoning transport costs in the expanding nation.  The 28,539 post offices overseeing postal routes measuring more than 260,000 miles earned around $8.7 million but cost $15.75 million to run. (By John Osborne)

Source Citation
The American Almanac and Repository of Useful Knowledge for the Year 1860 (Boston: Crosby, Nichols, and Company, 1860), 197-201. 
    Date Certainty
    Exact
    Type
    Business/Industry
    How to Cite This Page: "The U.S. Post Office reports another record deficit for the year ending June 30, 1859," House Divided: The Civil War Research Engine at Dickinson College, https://hd.housedivided.dickinson.edu/index.php/node/23799.