HC Deb 19 July 1927 vol 209 c219
36. Mr. HARRIS

asked the Postmaster-General what is the capital cost of the new Holborn Exchange; and how many lines it will feed when complete?

Sir W. MITCHELL-THOMSON

The approximate capital cost of the new Holborn Exchange which will have a total capacity of 9,400 subscribers' lines, is £374,000, including site and building.

Mr. HARRIS

Does the right hon. Gentleman not think that the cost per line will work out very expensive and that it will not be profitable but will cause a loss to the Post Office?

Sir W. MITCHELL-THOMSON

I do not think so; otherwise, we should not embark upon it.