BRITISH POST OFFICE.
PREPARATION FOR TRADE REVIVAL. ' EXPANSION OF SERVICES. isarasß orviuiAV. wistutss > (Received July 25, 9.30 p.m.'; RUGBY. July 24. During the debate in the House of Commons on the Post Office vote, which showed an anticipated surplus on all services of £10,792,000. the Postmaster-General, Sir Kingsley Wood, gave an interesting account of the work of the department. The number of telephone subscribers had increased during the year by 15 per cent. In the Post Office Savings Bank more than £300,000,000 was standing to the credit of 5,500,000 depositors, while some £200,000,000 of Government securities was held by Post Office depositors. The gross turnover of the Post Office was £76,000,000. Nearly 7,000,000,000 postage stamps were sold last year. Radio licenses numbered 5,598,078. The air mail v/as increasingly used. The new samples post, representing an annual traffic of 20,000,000 packets, was of great value to traders. The Post Office, he said, was preparing for, not waiting for, traue revival and was following a policy of expansion and modernisation, particularly in regard to its telephone plant.
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Press, Volume LXIX, Issue 20917, 26 July 1933, Page 9
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175BRITISH POST OFFICE. Press, Volume LXIX, Issue 20917, 26 July 1933, Page 9
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