BRITISH POST OFFICE
INCREASED EXPENDITURE.
(British Official Wireless.)
(Rec. 5.5 p.m.) Rugby, February 13. Increased Post Office expenditure, attributable to the recovery in trade and industry combined with an increase in telephone subscribers and traffic following the reduction of 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 £1,053.000 for postal and telegraph services. The Bill seeks authority for the issue of £34,000,000, but a memorandum states that if the present rate of development continues fresh borrowing powers must be sought before the autumn of 1938.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ST19350215.2.62
Bibliographic details
Southland Times, Issue 22507, 15 February 1935, Page 7
Word Count
102BRITISH POST OFFICE Southland Times, Issue 22507, 15 February 1935, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Southland Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.