VICTORIAN TRAINS
WRITING DOWN OF CAPITAL RECOMMENDED
(Australian Pres* Association.)
'MELBOURNE, April 1G
The expert committee which has been linvostigating the Victorian railway system, intends to recommend the writing-down of the nominal capital 0 f the railways by one-third, and also the establishment of a depreciation fund, which at present does not exist. The total capital in which interest in being paid amounts to £75,000,000.
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Hokitika Guardian, 18 April 1933, Page 6
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65VICTORIAN TRAINS Hokitika Guardian, 18 April 1933, Page 6
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