Untitled

Shannon News, 11 April 1922, Page 3

“A lowering of charges has been the almost universal commercial remedy for bad business, and it is impossible to doubt that if the railways and Post Office were in private hands there would have been a general lowering of rates before now,” comments the Auckland Herald. It is .chiefly by this means the British companies have sought to revive their fortunes, the compulsion in their case being the competition of the road transport agencies,* which are estimated to have taken from the railways about 12 per cent of the total short-distance goods traffic, exclusive of coal and minerals. Though less severe in this country, the competition of the roads has been a factor adversely affecting the New Zealand railways, and the logical reply is a lowering of railway charges.