PENNY POSTAGE A SUCCESS
Wellington, Last Night. The Postmaster-General (Sir James Parr) made an interesting statement yesterday respecting the recovery of (he postal revenue since the ini induction of penny postage. The present trend of postal revenue was very interesting, he said. The lirst reduction in the 2d letter rate had been to ltd and subsequently it had come down to Id,
The rt'duHinn in rales had linen brought about tor I Ik* public lionclil and il had linen nnlieipatcd there would he a fall in revenue. Il was interestin'*’ to notice, however, how the revenue, alter its sudden fall, was climbing hank toward the point fi oni which it dropped in .July last. The levenue failed by only about .f 1 .■><)() to reach the amount received in the same month two years ago when the letter rate had been lid.
“1 am pleased to predict,'’ said Sir .James, “and that with a great deal of conlideiß-e that within a month or two the revenue from postages will have passed the figure at which it stood when the rate was I'd.”
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Manawatu Herald, Volume XLVII, Issue 2936, 15 September 1925, Page 2
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181PENNY POSTAGE A SUCCESS Manawatu Herald, Volume XLVII, Issue 2936, 15 September 1925, Page 2
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