§ 11. Sir Wavell Wakefieldasked the Postmaster-General the amount of money held by his Department on deposit against telephone accounts at the latest convenient date.
§ The Postmaster-General (Mr. Wilfred Paling)The amount of deposits by telephone subscribers held by the Post Office on 31st December, 1948, was £751,000.
§ Sir W. WakefieldIn view of the substantial amount held on deposit, will the Postmaster-General consider reducing the amount asked for from telephone subscribers?
§ Mr. PalingWe do not ask for the £1 deposit that we used to ask for before 1934. This amount has been diminishing every year, and is now very much less than it ever was.