Members of the Standing Committes, of the Amalgamated Japanese Street 'Associations and the Foreign Relations Committee of the Japanese Kesldénts' Corporation yesterday at noon con ferred on a set of observations on the report on the telephone situation recently submitted to the SMC. by a committee of international experts. Dr, Kiyosue Mul, a member of the star of experts attached to the Japanese Consulate-General, and Prof. Tetsuo Hayashi, an authority on ac-[counting practice at Tungwen College, were also present. return to the company on the capital investment under" the new scheme would be 8.88 per cent, The 1.42 per cent, would go to Tariff Revision Account, and the company had a progressive opportunity of increasing return up to 10 per cent, How Jong this would take depended on future conditions which could not be estimated.
Mr, Wray explained that if there was no increase in stations the com=
Feny would probably continue to earn about' 8 per cent. If the company gained in stations, as wes anticipated, it would earn more.
Asked whether an indefinite number of calls was permitted an auxiliary lines. Major Brown replied that it was not. 'The charge for the orginal line' is $10,.with $5 each for second amd subsequent lines. but in the $5 rate there were no free included calls, The sum total of meter readings on the first and ati auxiliary ines would. be: reduced by 180 calls; all other earls would be charged message rate, "The meeting wax adjourned until November 7,
Text read from the printed page and cleaned; old type leaves the occasional error.