Penny Postage
POSITION IN BRITAIN RESTORATION MOOTED (British Official Wireless). RUGBY, November 19. It is understood that the Government is considering a reduction of stamp duty on letters’) which is now lid, to the old rate, of Id. Penny postage was introduced 57 years ago and the rate was only increased to lid, 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. FINANCIAL ASPECT POST OFFICE TO INQUIRE Australian and N.Z. Press Association. LONDON, November 19. The Post Office is ascertaining what Would be the approximate loss of revenue, if penny postage were restored. If the enquiries are 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.
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https://paperspast.natlib.govt.nz/newspapers/WPRESS19281121.2.32
Bibliographic details
Waipukurau Press, Volume XXII, Issue 289, 21 November 1928, Page 5
Word Count
191Penny Postage Waipukurau Press, Volume XXII, Issue 289, 21 November 1928, Page 5
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