BRITISH POST OFFICE
DEFICIT DUE TO HIGH PAY.
(UNITED PRESS ASSOCIATION.—COPYRIGHT '. (AUSTRALIAN-NEW ZEALAND CABLE ASSOCIATION.) LONDON, 17th July. In the House of • Commons, on the Post Office estimates, Mr. A. H. Mingworth (Postmaster-General) stated that in 1913-14 the profits totalled £5,222,000, and in 1918-19 £6,500,000, a record. It is estimated that the deficit for 1919-20 will be. £2,000,000, which is due to bonuses and higher wages. Telephones were run at a loss because the war-time charges were not transferred to the subscribers.
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https://paperspast.natlib.govt.nz/newspapers/EP19190721.2.57
Bibliographic details
Evening Post, Volume XCVIII, Issue 17, 21 July 1919, Page 7
Word Count
82BRITISH POST OFFICE Evening Post, Volume XCVIII, Issue 17, 21 July 1919, Page 7
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