RAILWAY LOSSES.
OVEE £4OOO A DAY. AXOTHEE “CUT" POSSIBLE. E-plving to a question 532 the House yesterday, tie Hon. 1). H. Guthrie said there did not seem to be any prospect of an immediate redaction in railway rates. The railways were certainly not paying their stay. They wore losing over £4OOO a day. The resalt teas 'hat the Government had bad to take into serious consideration another •cut-'' in the railway services. It might be said that a cheapening of the rates would increase the traffic, bat that had not been the experience of the railways up to the present time. The position was serious, and the matter was now under consideration.
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Bibliographic details
Otaki Mail, 18 January 1922, Page 2
Word Count
112RAILWAY LOSSES. Otaki Mail, 18 January 1922, Page 2
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