The Chairman quoted from a table} submitted by the experts showing that.97 per cent. of subscribers used the telephone for 1521 calls per month while -98 per cent. used it for 2208 calls per month and the others were In Between these Hgures. That was for Business lines.
Mr. Hu pointed out that the 27%: per cent. shrinkage would be at the cost of the subscriber by adopting the message rate, as the Company would SUM get the same revenue as from the Mat rate, The unit rate per call, therefore, would be higher on message Fate, but it was at the will the subscriber.
"The Treasurer and Controller now pointed out that the royalty was a factor which would not materially affect the proposed tariff.
The Chairman reminded members that the Telephone Company's anvroval had else fo be secured. The Council could not dictate to the Company. But had to come to an agreement with them.
'A member said that the Telephone Comoany in its application had eslabliehed proof of the necessity for Increased revenue. In view of the fect that the mastage rate hed never been in force in Shanghai, they had to adopt some premise to work upon and the estimated shrinkage of 37%: er cent. In the calling rate had been the estimate made, The two things were not ce-related,
Text read from the printed page and cleaned; old type leaves the occasional error.