POST OFFICE PROFITS
FIXED SUM TO TREASURY BALANCE FOR BENEFIT OF PUBLIC . (British Official WTxelew.) RUGBY, March 5. Sir Ernest Bennett, Assistant Post-Master-General, referring at Rugby to changes taking place in the administrative machinery of the Post Office, said that at the end of the month it would enter on a new stage of its .financial development in accordance with the recommendations of the Bridgeman Committee. Hitherto tho revenue earned by the Post Office had been handed over to tho Exchequer: Tn future a definite sum of £10,750,000 would be contributed to the national revenue, and any surplus would be retained by the lost Office and expended for the benefit of the public generally in the development of services or reduction of charges. The scheme was experimental, but had every prospect of proving an outstanding success.
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Bibliographic details
Evening Post, Issue 56, 7 March 1934, Page 9
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136POST OFFICE PROFITS Evening Post, Issue 56, 7 March 1934, Page 9
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