I have no recent data which would enable me to make a direct comparison between the passenger fares in this country and the countries named in the question. From such information as is at present available to me, it would, however, appear that when ordinary passenger fares in Great Britain were increased in the summer of 1920 to about 75 per cent. above pre-War level, the fares prevailing in France were about the same time from 70 per cent. to 80 per cent. and in the United States about 80 per cent. above pre-War level. In Germany the increase is, I understand, from 850 per cent. to 1,100 per cent. over pre-War level.