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14
WEDNESDAY, FEBRUARY 26, 1975
INCREASE IN POSTAL CHARGES PROPOSED
***** & *
THE FINANCIAL SECRETARY, THE HON. PHILIP HADDON-CAVE, TODAY PROPOSED THAT THE INLAND LETTER RATE DE RAISED, WITH EFFECT FROM APRIL 1 THIS YEAR, TO 20 CENTS AN OUNCE WITH CORRESPONDING, NOT QUITE SO STEEP, INCREASES FOR HEAVIER LETTERS.
DUT
HE POINTED OUT THAT IT WAS TO THE CREDIT OF THE PRESENT POSTMASTER GENERAL AND HIS PREDECESSORS THAT HONG KONG HAD MAINTAINED A BASIC 10 CENTS INLAND LETTER RATE SINCE 1949, STRESSING AT THE SAME TIME THAT THE PROPOSED HIGHER RATES WOULD BE LOWER THAN FOR MANY OTHER COUNTRIES IN THE REGION.
THE PROPOSED INCREASES FOR HEAVIER LETTERS ARE AS FOLLOWS :-
PRESENT
PROPOSED
$
*
1 02.
0.10
0.20
2
0.30
0.40
4
0.40
0.50
0.20
1.00
1
1 LB. 2
1.50
2.00
2.50
4,00
4.00
6.00
THE FINANCIAL SECRETARY ALSO PROPOSED, ON THE ADVICE OF THE POSTMASTER GENERAL. THAT THE DIFFERENTIAL BETWEEN THE RATE FOR LETTERS AND POST CARDS BE RESTORED BY INCREASING THE LATTER TO 15 CENTS ONLY.
AS A RESULT OF THE INCREASE IN THE INLAND RATE, HE ADDED, THERE WILL BE AN INCREASE IN THE SURFACE RATE TO CHINA, MACAU AND TAIWAN. THE BASIC RATE FOR THE FIRST OUNCE WILL BE RAISED FROM 20 CENTS TO 30 CENTS WITH APPROPRIATE INCREASES FOR HEAVIER LETTERS. THESE INCREASES ARE 1
/BRESENT ...
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