Note 70 — I THE RATE FOR LETTERS
Reading edition
"The revenue of the Post Office has been stationary at about £1,400,000 a year since 1818. This can be accounted for only by the great duty charged on letters; for with a lower duty the correspondence of the country through the Post Office would have increased in proportion to the increase of population and national wealth."—Sir Henry Parnell, On Financial Reform, London, 1832, p. 41.