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An Abstract of the Proceedings of the Select Committee of the House of Commons, Appointed Session, 1849, to Inquire Into the Contract Packet Service

Note 12 — APPENDIX.

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“This has since been modified: one managing director will retire in 1850, without any consideration, the saving to be credited to the Company.” The salaries of assistants, clerks, and other disbursements which the managing directors have to pay out of their commissions, now amount to £6,000 per annum.

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