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OUR LONDON CORRESPONDENT.

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NEWS NOTES. --

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CUTTINGS "FROM THE CHRISTMAS…

EPITOME OF NEWS.

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i DRAFrINGTHE- DEATH DUTIES…

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WITH the new year the National Telephone Cotn- pany will introduce a new alternative scheme of rates, whereby the telephone service will be brought within the reach of many persons who have hitherto regarded the telephone subscription aa prohibitory. Very briefly, the new arrangement will be that any person can. have the service laid on for JE3 3a. per year, plus the Government royalty of 7s. per aunuilk, and a payment of Id. per three minutes' oonversa* tion for every message which he initiates on the ex- change, tio charge being made for messages in which* he is called up by other subscribers. It is under- stood that this new arrangement is largely the out- come of the report of the Select Parliamentary Com- mittee on the telephone .qut;i.9.njlll M 4

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