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AUSTRALIAN CABLES.

(Per Press Association). Melbourne, June 30. The retiring Railway Commissioners have presented reports, showing that during the two years and a quarter which they held office the saving of £270,000 was effected, which, in conjunction with the reconstruction retrenchment introduced by the previous board, resulted in an annual reduction of £940,000 in the working cost of the railways since the end of the old regime in 1892. The liquidator, in giving evidence before the Chaffey Commission, said the company had been crushed through excessive financing, and gave an instance where 68 per cent had been paid for a small sum. Brisbane, June 30. Mr Nelson, in moving the second reading of the Federation Bill, said he was certain than the colony would be better represented by the method proposed that by a general election with the colony as one electorate,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS18960701.2.14

Bibliographic details

Feilding Star, Volume XVIII, Issue 1, 1 July 1896, Page 2

Word Count
142

AUSTRALIAN CABLES. Feilding Star, Volume XVIII, Issue 1, 1 July 1896, Page 2

AUSTRALIAN CABLES. Feilding Star, Volume XVIII, Issue 1, 1 July 1896, Page 2

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