§ 62. Mr. DAYasked the Chancellor of the Exchequer what the estimated loss to the Treasury would be by the re-introduction of the penny post on the pre-War basis; and whether it is proposed to introduce legislation in the near future to modify the present postal rates?
§ Mr. CHURCHILLIn reply to the first part of the question, the loss would be between £6¾ millions and£7¼ millions. The reply to the second part is in the negative.
§ Mr. DAYThen may I ask whether the apparently inspired articles which have been appearing lately in the Press with regard to the return to penny postage are not correct?
§ Mr. CHURCHILLThey are absolutely without authority or foundation.