TRAMS UNPROFITABLE.
SYDNEY, July 18
The metropolitan, tramways will not pay. this financial year. In consequence ilte Government is said to b» giving serious consideration to a. proposal that title services on a number of nor-paying lines should be discontinued and replaced by t- ivately-owned buses. The terms of charter would probably reel uire the buses to contribute a portion of their earnings towards interest charges on, the tramways capital that wool i be rendered unproductive, and possibly towards gradual'y extinguishing the capital debt.
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Hokitika Guardian, 21 July 1932, Page 5
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84TRAMS UNPROFITABLE. Hokitika Guardian, 21 July 1932, Page 5
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