THE RAILWAYS
EXPENSES WELL DOWN
NET GAIN, £66,000
(By Telegraph.—Press Association.) CHRISTCHURCH, sth February
Up till 2nd January in the present financial year the working expenses of tho railways had been reduced by approximately one million pounds, said Mr. P. G. Roussell, General Manager of Railways, to-day. There had been a fall of about £900,000 in revenue, however, so that the net gain would bo about £66,000.
Questioned whether further economies were to be enforced by tho Department, Mr. Roussell said:—"Our aim is by ceaseless investigation, to explore every avenue of economy as long as it does not affect the efficiency of the service to the public or the usual high standards of safety."
As for branch lines, tho board was anxious to keep every line open that would pay operating expenses, Mr. Roussell said.. The board would be guided by the position as disclosed at the end of the financial year.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19320206.2.86
Bibliographic details
Evening Post, Volume CXIII, Issue 31, 6 February 1932, Page 12
Word Count
152THE RAILWAYS Evening Post, Volume CXIII, Issue 31, 6 February 1932, Page 12
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in