§ MR. SYDNEY GEDGE (Stockport)asked the Postmaster General, Whether he can give any Estimate for the year ending 31st March, 1887, or that ending 31st 1354 March, 1888, of the value of the Post Office stamps which are used as Inland Revenue stamps for cheques, receipts, agreements, & c.; and, if he can, whether he will lay the Estimate upon the Table; and, if he cannot, in what way he can satisfy the House that the Post Office produces a large annual surplus, or any surplus at all?
§ THE POSTMASTER GENERAL (Mr. RAIKES) (Cambridge University)The value of the postage stamps used as Inland Revenue stamps for receipts, agreements, & c, during the year ending the 31st of March, 1887, was estimated at £488,120. This amount was paid by the Post Office to the Inland Revenue Department, and is not included in any published statement of Post Office Revenue The stamps sold for Post Office purposes during the year ending the 31st of March, 1887, amounted to £10,213,000.