§ 34. Mr. RHYS DAVIESasked the Postmaster-General the total cost of installing the automatic system in telephone exchanges to date, and the estimated saving to the Post Office as a result of the installation of the automatic exchanges?
§ The POSTMASTER-GENERAL (Sir Kingsley Wood)The capital cost of accommodation and apparatus for automatic exchanges provided up to 31st March, 1932, is approximately 22¾ million pounds. It is not practicable to estimate the resulting savings with accuracy, but it may be taken that the operating savings will more than cover the additional plant charges.