It is stated that the terms arranged between the postal authorities and the railway-companies for the new system of parcels post are: Rates—not exceeding 1 lb., 3d.; not exceeding 3 lb., 6d.; not exceeding 5 lb., 9d.; not exceeding 7 lb., 1s. Division—55 per cent to the railway-companies, 45 per cent to the Post Office; but the Post Office is to take the whole of the receipts on parcels not conveyed by railway; receipts for present book parcels to be included. It is proposed that the agreement should continue for a period of not less than twenty-one years. These terms now only await the confirmation of the Treasury.
Source: The Illustrated London News, July 8, 1882, p.34