THE N.Z. RAILWAYS.
UNDER MASSEY GOVERNMENT. [Per Press Association.] Wellington, February 26. In an interview to-day the Hon. \V. H. Herires, after stating the increases and the improved conditions granted to employees on the railways by the present Government, said that a good deal of criticism had been levelled at the Department owing to the fact that the percentage of working expenses to earnings is abnormally high, while the estimated revenue had fallen very much short of the forecast. the forecast the smallpox epidemic and the strike have had a disastrous effect on the railway revenue. The tendency to increase operating expenses was not peculiar to New Zealand. Had normal conditions prevailed the revenue would have come up to expectations and the percentage of working expenses to revenue would not have shown a material advance on the percentages for last year. The attempt to fix on the Government the responsibility for the shortage in revenue was ungenerous and unjustifiable
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Stratford Evening Post, Volume XXXVIII, Issue 48, 26 February 1914, Page 6
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159THE N.Z. RAILWAYS. Stratford Evening Post, Volume XXXVIII, Issue 48, 26 February 1914, Page 6
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