MORE EXPENDITURE
British Post Office Needs (British Official Wireless.) (Received February 14, 5.5 p.m.) Rugby, February 15. Increased Post Office expenditure, attributable to recovery in trade and industry combined with the increase in telephone subscribers and traffic following the reduction in rates operating since last October is provided for in a Bill now published. In 1935-36 an expenditure of £9,467,000 will be required for telephones and of £1,053,000 for postal and telegraph services. The Bill seeks authority for tlie issue of £34,000,000 but a memorandum states that if the present rate of development continues fresh borrowing powers must bo sought before the autumn of 1938.
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Bibliographic details
Dominion, Volume 28, Issue 121, 15 February 1935, Page 11
Word Count
105MORE EXPENDITURE Dominion, Volume 28, Issue 121, 15 February 1935, Page 11
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