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Post Office (Receipts)

Volume 155: debated on Wednesday 28 June 1922

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51.

asked the Postmaster-General what is the increase in Post Office receipts for the period from 1st April to 17th June, compared with the corresponding period of last year; and what proportion of that increase is derived from the postal carrying service, telephones, and telegraphs, respectively?

The payments into the Exchequer between the 1st April and the 17th June, 1922, were £2,000,000 in excess of the payments during the corresponding period in 1921. This increase is accounted for almost entirely by the telephone receipts, which were abnormally low in the early months of 1921–22 owing to the introduction of the system of deferred payments under the new tariff.