LONDON TRAFFIC PLAN
MINISTRY OF TRANSPORT
PUBLIC OWNERSHIP
British Official Wireless.
RUGBY, 4th December.
Much, interest continues to be taken in the Government scheme to which Mr. Herbert Morrison, Transport Minister, referred this week for the public ownership and co-ordination of . London's passenger traffic. Although Mr. Morrison intentionally refrained from giving details, it is understood tliat the closest existing model for the scheme he has in mind is the Central Electricity Board, which the previous Government established, and which is a national and publicly-owned undertaking controlled by an officially-appointed body and run as a business concern.
Mr. Morrison's idea is to place London's traflic in the hands of a limited number of first-class business men employed by the community and encouraged to run it with all the vigour of a commercial enterprise. The interests which will have to be acquired are the Underground and Metropolitan Railways, Omnibuses and Tramways, and obviously the negotiations with the existing interests, whose capital is estimated at £100,000,000, will be long and intricate. For this reason Mr. Morrison has made it known that no elaboration of his recent statement on the proposals is likely to be made for some time.
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Bibliographic details
Evening Post, Volume CVIII, Issue 137, 6 December 1929, Page 11
Word Count
195LONDON TRAFFIC PLAN Evening Post, Volume CVIII, Issue 137, 6 December 1929, Page 11
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