ENGLAND NOT AFRAID OF BUS COMPETITION

Sun (Auckland), Volume I, Issue 207, 21 November 1927, Page 13

ENGLAND NOT AFRAID OF BUS COMPETITION

RAILWAYS IN ENGLAND BRITISH M.P.’S VISIT The railways in England are not afraid of motor-bus competition. M R - CYRIL LLOYD, M.P. for Dudley, England, said this morning that in the past the railways had been hampered because they were not allowed to run buses, but a Bill is before Parliament at present to remove this obstacle. “At Home,’ he lemarked. “the railways can always beat the buses when it comes to speed.” Mr. Lloyd, in addition to being a member of Parliament, is personally interested in many large concerns. He is a director of Lloyd’s Bank, a director of the Great Western Railways, and chairman of Hingley and Sons, Ltd., Netherton Ironworks. He has come out partly on holiday and partly on business, but as this is his first visit to New Zealand he hopes to see as much of the Dominion as possible. “New Zealand’s credit is very high at Home,” said Mr. Lloyd, “and there is a ready subscription to all her loans. Everyone has a warm spot in their hearts for your Dominion.” Mr Lloyd said that when he left England labour conditions were improving. The ironworks trade was still under the weight of Continental competition, but that would pass. When asked his opinion of the re- ; cent uproar in the House of Commons, Mr. Lloyd said that it was only a tactical demonstration, and that there | was really not much to it. Mr. Lloyd is a member of the fam- ! ous London banking family of that name. He married a daughter of Sir | Ernest Waterlow, R.A., the celebrated j artist.