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Bettjen to Obdee op 11th July, 1888 (Mr. Peacock). Betubn showing (1.) The Estimated Additional Cost to the Colony if all the Mail-matter now sent by the Direct Service were sent by the San Erancisco Service on the Present Terms. Estimated Additional Cost — £ s. d. Salaries and travelling expenses of additional Mail Agents ... ... 1,232 11 5

(2.) Estimated Net Monetary Result to the Colony of the San Francisco Service if the above Course were adopted.

(3.) Estimated Net Monetary Result of the Direct Service if all the Mail-matter now sent by the San Francisco Route were to be sent by the Direct Service on the Present Terms.

12th July, 1888. W. Geay. [Approximate Cost of Paper.— Preparation, nil; printing (1,375 copies), £1 5s.]

Authority : Gkobge Didsbury, Government Printer, Wellington.—lBBB.

Payments, — Subsidy to Union Company Bonus to contractors ... Light-dues Mail Agents, £1,700, and interprovincial service, £4,500 £ 23,333 1,500 663 6,200 s. 6 0 0 0 d. 8 0 0 0 £ s. d. 31,696 6 8 Receipts, — Postages from London Postages collected in the colony Beceipts from non-contracting colonies ... 18,542 18 3 22,908 4 10 5,000 0 0 46,451 3 1 Net profit to the colony £14,754 16 5

'ayments,— Payments to New Zealand Shipping Company on weight of correspondence £ s. 31,446 19 7,000 0 4,936 0 d. 4 0 0 £ s. d. Bonus Interprovincial service, £4,000, and light-dues, £936 43,382 19 4 Receipts,— Postages from London... Postages collected in the colony... 23,060 22,908 5 0 4 10 45,968 9 10 Net profit to the colony £2,585 10 6