§ Mr. Grimstonasked the Postmaster-General if he will give an estimate of the reduction in postal revenue which would follow a lowering of the inland letter rate from 2½d. to 2d. per postal packet not exceeding 2 ozs., every additional 2 ozs., ½d.
§ Mr. Wilfred PalingThe estimated loss of revenue, at prevailing levels of traffic, following a reduction of the inland letter rate to 2d., is £7,750,000 a year. The144W concurrent reduction in the postcard rate to 1½d. would involve a further annual loss of £500,000.