The size of registered mail packages varies greatly,
but 1000 packages for each mail bag should be a conservative
guess. That would mean that 200,000 registered packages
and letters went down with the Titanic.
"This does not mean, however, that Great Britain will be
held financially responsible for all these losses. There were
probably thousands of registered packages from the Continent,
and in such cases the countries of origin will have to
reimburse the senders. Moreover, in the case of money
being sent in great quantities, it is usual to insure the registry
over and above the limit of responsibility set by the country
of origin.
"Probably if there were any shipping of securities mounting
up to thousands of dollars, it will be the insurance companies
which will bear the loss, and not the European post-
offices at all."
In the case of money orders, the postmaster explained,
there would be no loss, except of time, as duplicates promptly
would be shipped without further expense.
The postmaster did not know the exact sum which the
various European countries set as the limit of their guarantee
in registered mail. In America it is $50.
Underwriters will probably have to meet heavy claims of
passengers for luggage, including jewelry.
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