88

on but Hall schedule

be left out

can any Consideration

as being for sections only. this reduces the lenders to be considered to the first

5 on Holls schedule, and this

The P&0. schedule, for althrough the G.P_0. talke

5 ov

" 18 tenders from the PLO.CO."

the sighteen are my

most of these

t

for an 8 years' contract,

his addition for absolute penalties is £8000. In

and

Engard & these penalties, it

will be observed that the P.O.

strongly in favour of absolute penalties and make

it an

cagument in favour

merely variations

of Holt

Holt as for as

what may be

as to conditional a absolute

C

penalties, and duration of contract.

And

may

be described in

a few word by the addition

де

10,000 for absolute penalties

and ₤20,000 for

Winstead

Co

5 years!

of 8 years contract.

W. Holt's tendus are

all

called an express service" is

concorned. For much a service

the P.LO. are

apparents not

prepared to accept absolute

penalties. how it seems to

we, first, that the question : ofthe value of absolute penaltion

"

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