HC Deb 28 March 1933 vol 276 c834

asked the Postmaster-General by what amount in 1932 the receipts of the British Post Office from air-mail fees and from foreign postal administration exceeded the amount they would have reached had the pound sterling been at par rates with the currency of all European countries; what proportion of such profits are being devoted to the general encouragement of air-mail traffic; and what proportion was necessary to make up the loss incurred by the Post Office on the use of foreign air-mail services?


The additional amount collected during 1932 for the use of British air services directly attributable to the suspension of the Gold Standard by this country was approximately 216,000; the additional amount paid for the use of foreign air services for the same reason was roughly £7,000. As foreshadowed in the reply to my hon. Friend's question of 12th December last, my right hon. Friend proposes to devote a considerable sum to a special campaign for advertising the air mail during the year 1933–1934, and the amount so expended will approximate to the balance of receipts.