The Sessional Papers Printed by Order of the House of Lords or Presented by Royal Command in the Session 1867-8

The Sessional Papers Printed by Order of the House of Lords or Presented by Royal Command in the Session 1867-8

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1868 edition. Excerpt: ... the year 1866 would have been 766,500 francs. The financial results of this last year, as a whole, would then have been. The real net profit of the year 1866 being 122,113 francs, the estimated sacrifice of revenue in the first year of the reform of the inland tariff is 76,808 francs. But for that reform the gross number of units of work in that year would have been 3,049,534, instead of 4,640,214, and the average cost of each unit of work would have been 25-13 centimes, instead of 18-08 centimes. The average cost of each kind of message would have been as nearly as possible what it was in the two previous years, and when brought into comparison with tho average produce of the messages would have given the following results;--306,596 international messages at a profit of 45 centimes would have given-137.968 128,873 transit messages at a profit of 92 centimes would have given----118,563 374,400 inland telegrams at a loss of 15 centimes would have been Leaving a net profit of 256,531 58,032 198,499 These results confirm our views. But for the inland reform, the average cost of international and transit messages would not have been sensibly reduced, and the profit resulting from these messages would have been 256,500 francs instead of 339,000 francs. The difference between these two sums reduces in a marked manner the effect of the average loss on an inland message. During the coming years, we shall in all probability have, I. The existing average produce of each kind of message; 2. A reduction in the cost of each unit of work; 3. A reduction in the average loss on each inland message; and, 4. An augmentation of the profit of each international or transit message. We may hope that the time is not far distant when we shall have a net profit in...show more

Product details

  • Paperback | 142 pages
  • 189 x 246 x 8mm | 268g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236619900
  • 9781236619907