POST OFFICE FINANCE.
Basing his opinion on the first four months? figures of the current financial year,.th'c Postmaster-General (the Hon.' J. B. Donald) stated in the House of Representatives last " night that he anticipated that when the, Post .Office balance-sheet for the year was 'made up at the end of March next it would be found that the necessary surplus required by the Minister of Finance would be provided.
It had been suggested in the House that the Department's reserves would be touched, but that was not being done. He could not, of course, at the present date say exactly what the figures would be, but he had every confidence that on the returns to date it would be possible to provide a surplus without cutting into the' reserves required to cover the Department's assets.
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Evening Post, Volume CXII, Issue 45, 21 August 1931, Page 6
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135POST OFFICE FINANCE. Evening Post, Volume CXII, Issue 45, 21 August 1931, Page 6
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