§ 5. Mr. Shepherdasked the Postmaster-General what is the estimated net increase in telephone demand over the next five years, and the projected net expansion of the service.
§ Mr. BevinsThe rate at which the telephone service will develop during the next five years will depend on a number of factors. The best estimate I can make at present is that telephone demand will total nearly three million, supply will be of about the same order, and the net expansion of the service after allowing for cessations will be about one and a half million.
§ Mr. ShepherdAs there is so much lag in the economy at present, and as there appears to be some room for expansion, should not we be devoting more of our resources to providing increased telephone services?
§ Mr. BevinsThat is what we are doing. I am seeking to secure a net growth of about 5 per cent. in the telephone service over the next five years. I am sure that we shall achieve that.