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PENNY POSTAGE

GOVERNMENT CONSIDERING REDUCTION. POSITION IN ENGLAND. BUDGET POSSIBILITY. RUGBY, November 19. It is understood that the Government is considering a reduction of stamp duty on letters, which is now IJd, to the old rate of Id. Penny postage was introduced 57 years ago and the rate was only increased to IJd as a temporary measure to meet the financial stringency caused by the war. The Post Office has been asked by the Government to make a return of the estimated loss to the Exchequer of the reduction to Id. The business community has frequently pressed for such a concession, and it is believed that the action of the Government indicates the probability that the restoration of penny postage may be one of the features of the next Budget.—(British Official Wireless.) POST OFFICE INQUIRIES. LONDON, November 19. The Post Office is ascertaining what would be the approximate loss of revenue, if penny post were restored. If the inquiries arc satisfactory from the Government viewpoint, Cabinet will seriously consider the inclusion of a restricted penny post in the next Budget, if the national finances permit.—(Australian Press Association.—United Service.)

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WAG19281121.2.48

Bibliographic details

Wairarapa Age, 21 November 1928, Page 6

Word Count
188

PENNY POSTAGE Wairarapa Age, 21 November 1928, Page 6

PENNY POSTAGE Wairarapa Age, 21 November 1928, Page 6

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