Though For THE Times.
Tub Bah.w.\V “CuT." We cannot say ho.v mur.i the reduced time-tables depressed traffic-, though it is well known that mo'nr buries have been successfully emu pc ti„„ a .minst the railways during the last few weeks. The Department has saved a certain amount of fuel hv running fewer trains, but nevertheless it has been losing money every day. and with the certainty of coal being cheaper in the immediate future it is not at all c that the hoarding ot that "hie i ,i as purchased dearly is wise. At all events, the “cut” has not yet restored the railway linances to it healthy state. 1„ the four weeks ended September L „f h, st yetil the Department spent £«•> its to earn £IOO. whereas tins year me expenditure was only a fraction short „f CH)I IPs for mi of revenue—an increased rate of expenditure of more than 19 per cent.— Lyttelton Times.
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Hokitika Guardian, 26 October 1921, Page 2
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156Though For THE Times. Hokitika Guardian, 26 October 1921, Page 2
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