§ Mr. Ridsdale
If a more realistic price were charged, would that not ease the burden on the letter service and be in the long-term interest of the Post Office?
§ Mr. Stonehouse
We have to consider telecommunications as a whole. There is an enormously expensive investment in trunk lines, and we ought to ensure that we have a full return on this so that we may meet our objective of an 8½ per cent. return.