From: Paul Khoury (pkhoury_at_loop.com)
Date: Sat Oct 03 1998 - 03:17:29 EDT
On Fri, 2 Oct 1998 17:02:46 -0500 (CDT), Pooh wrote:
>>
>> Hi ya'll!
>>
>> > As of September 28, UPS will no longer accept cash (currency) as payment
>> > for C.O.D. packages.
>>
>> I believe this action by UPS is illegal. On the one-dollar bill Federal
>> Reserve Note I just took out of my billfold to refresh my memory is the
>> statement "This note is legal tender for all debts public and private." In
>> short, any company or person doing business in the United States must accept
>> Federal Reserve Note currency if tendered.
>
>I HIGHLY doubt that this is illegal. If it is, it's one of those old
>outdated laws that are both impractical and impossible to enforce. In fact,
>I didn't realize that UPS even ACCEPTED cash for c.o.d orders still. No one
>else does. You have to have a cashiers check from a bank or a money order.
>That's all most places will take anymore, including FedEx and Airborne
>Express.
I don't know about that. COD means Cash on Demand, and I know that USPS
accepts them, and I thought that FedEx does.
At least, you have to pay cash if you PICK UP a COD package.
>
>Besides, it's their business, not federally owned or controlled. If they
>want to refuse cash for C.O.D. orders they are perfectly within their right
>to do so. If you don't agree with this policy, don't have anything shipped
>via them. Good luck finding anyone who will. It's getting so you can't
>hardly buy anything at all mail-order unless you have a credit card.
>
Which is unfortunate, but fortunately, I've been able to use checks or money
orders for most of my computer purchases.
>Moreover, paper money is just that...paper... money itself is just a
>concept we have accepted to live with. Paper money is outdated and
>inefficient, and with all the e-commerce going on it makes me wonder just
>how much of our money actually -exists- in paper/coinage.
>
Personally, I'd rather have paper currency than electronic currency, because if
something goes wrong, at least you still have the paper.
>*srednop*
>
>Anyways..this is severely off-topic anyway. If you have any comments,
>please just email me directly...don't bother the list. :)
>
>cat flames >/dev/null
>
Yeah, cat thistopic > /offlist | cat flames_and_threats > /dev/null
=)
-- Paul Khoury | <pkhoury_at_loop.com> | Sent from my K5-200 http://warped.cswnet.com/~pkhoury/index.html | http://pkhoury.dyn.ml.org (local machine) Proudly running OS/2 Warp 3 & 4, Mac OS 7.5.3, Sun Solaris 2.4, Linux 2.0.29, Newton OS 1.05 ICQ#14582895
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