HJ Sims Market Commentary: Delivery Charges

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The U.S. postal system was established by the Second Continental Congress on July 26, 1775 and Benjamin Franklin was paid $1,000 dollars a year to serve as its first postmaster. He was charged with establishing a national service at a time when it took months for mail to arrive from near or far and spotty deliveries were made to local taverns and inns. Franklin, the “MacGyver” of his times, rolled up his sleeves and set up more efficient delivery routes from Florida to Maine with wagons traveling in relay teams by day and night.

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