§ 28. Mr. HEPWORTH
asked the Postmaster-General the loss entailed in carrying on the telegraph service at the present time; and whether he contemplates a reduction in the present rates so as to increase business?
§ Sir K. WOOD
The loss on the Telegraph Service Account for the year ended 31st March, 1934, computed on a commercial account basis, was £653,591. As I stated on the 18th March in reply to a question by my hon. and gallant Friend the Member for Kingston-upon-Hull, E. (Brigadier-General Nation), an investigation of telegraph charges is being actively pursued; but I am not yet in a position to make any further statement on the subject.