(4) That there is a considerable profit on postcards;
(5) That there is a profit on the halfpenny packets;
(6) That there is a heavy loss on the newspaper packets, averaging nearly ½d. per packet;
(7) That as regards packets other than parcels, the principle of uniformity of rate, irrespective of distance, is well founded. The cost of conveyance (.07d. per
packet) is still, in the phrase of Sir Rowland Hill, "not expressible in the smallest coin";
(8) That as regards the cost of conveyance there is no case for a reduced rate of postage for local letters;
(9) That as between local letters and other letters there is appreciable difference in the cost of handling, but this difference would not be sufficient to justify a discrimination measurable in coin;
(10) That the parcel post is conducted at considerable loss. If the cost be taken, as shown in [Table L], at 7·091d. per parcel, the loss is on the average almost 2¼d. per parcel, or nearly £1,250,000 on the total number of parcels dealt with in 1913-14. The matter is, however, complicated by the question whether a strictly mathematical proportion of the total expenses of the Post Office can fairly be charged against the parcel post.[625]