OUR RAILWAYS.

Dominion, Volume 3, Issue 668, 19 November 1909, Page 8

OUR RAILWAYS.

!rv^;■^;;-'">■■ ; v";'V':^■.■:^"'i:•EA■i.^■ ; :■'^«•'■ l .■■.^•!K -,- fo£&i':ij<l? (By^'Triegraph^Special' Corrosponilen i.y : '■} ■'-.. SKS^i^i^'f^*?^ JrJS«";"j;:*;'.:Tlie rTE^bss,"; dealing thb-administratiori: vgiii.'?■::and;the'f:nanbial;results of our.raihyayß|'points KWVN-;.^u't'.that'.'this;y'ear!^.^ feV.v-r.yrthat. : reyflnue:fbr,the:past.'year.:is equal if#2 * :;bnVy;:3.l3 ;i:Sfe?%tal 1, !!!^^ S::S;#rj?,;rate';ol .:inteiSS.t i, 'on. : 'bur 'ipnblic'.'deljt^i^i'ajbftUli. sgsp]f3J3p^j;^cent;-: l ";Mee*^: ; "*;itoignol/:andvflo^nm siis-i'S ~ Trould,be:c'orrectsto■:;(:ake K-";y>l'-;*v.^'»en'l;?rm:.|!hi&.:'r*i^''6f'-iri^ Wo>-f- [.i"WayjJ:debt.":-;lf :;sb;.:; the :itotar3(le'acvt !v 'be : t»eaD*" j:.1881-2-:anaVl90#-8 v wbuld".be;;at*.leist eight'inilX vop!-, V"libns,;.and:wprobably,.;ten,.niillions,iin;.a3aitio.'n' ;*;-*gi::. , :--tbVthe;-defioit;.'beh^nythe.:,inte^^ S;|? I K:t:tlre;:3ffltßtfesf*j ; arb:,.,takeni! S':?f : !K''everyfyear,':in)m'.>loa'n;.m^ fti^^^additionSitp^ppenlJiiies;"vLast'year the Bailwa^'aided : to the. , extent of;over :tWsf! wayy; If f r oiar; ■ niilivajs:; we're :*i«S.: -'the' J,a' ; priyite'. ;: cbin'pany,','and'we^e' gfti^ii.'nrajkgea'.inv.theV's^e^TC^ ij|.; ,'■>, itheirrhands , :-of (. a;i ; receiver. ■.is':to;(-thb?question K";:;*K*Vof*/ma*n;ag*ement; g^ If^'ij.S-.if&Hs^.r.theyi^exist^ Wfi'H-' ■■foolisttiis , 'o'uT''ipreseai^^varrangemen't. : ,"-Here ,'we : ~.#;i-? :!^Te 'a:.yala*ile:prbpe'rty;iw_hich stands:"Qn'bnr ps?•■«'■: Sxjotei . ; flii;'o}oso : ; bn:inirtj;.-milliona sterling."';-A-railway-Manager; in'. England -is cpnsidbrisd ■ 'MXfi a>year; and it;has ibeon,Kfp'ond''i.by^::exporience,;;that^it' : -is!'sbund : f%"!iV? recoßdmy,;tO; : empwy i-really(ooinpetent'man'as Wo&i :fflyen-i' : at:;s:th6/ ; :hirt:iealary4we' , :haye ; 'vt?"?;.?'.*;:-: d!iieiijlS^ed. : :. ; pldo6 ;,in::" eu^ jrr^e^con±Aliibf fl .ou'r*J railways 'la' , 'politician: : ss* -V: ■i'wh<).'has;'.hadj absolutely.: no ! expeiienc*"of"'railSK3 R; "and> who '•'■; knows' r nothing l#ss'-'.-" ■■ ■ Bboot :i Tailways. i.excep*: vwhat vhii .^subordinates' aWS* , ;::" lYcKbose:; te;!tell;?him; % isi'. qapablb; pfS'-v *:'; PD'nniaiijv-; ways -; and ;:vhoriestly v . idesirons'.'"^^^^' 'S^v Sf!- fngihis : .=ibest;;;but-;.it:-is::absnrd.to'-suppose that' "|j"f: : ;::i;^.!,am^eur::OTdde^):ipi.tohfbrked ;|S::^'viipnj'cMi'iad«o^toly ; "-disbnarge.\duties'V"wh vitf:v?:■);:. snlyione.'inah^inS,pbrhaps'-.lO.OUO''is found 1 'equal s&'; : v^ ; and !:J&t:;;V:*aipen«^^ '■sjijj<;i^/"a.:;pin.ch'laf-sjrufEr publio. 'iß^^'-'i'a't'-'.oiiice.'pn-'.a^tliop-' ■S-hJ'-y-i'OTigt'ifefom'ofibur/sySem.'b'f.'^ v^^X^i-:-^r'?:: ■.:'•;":■:"■