RAILWAYS IN BRITAIN.
NEW SYSTEM OF CONTROL.
By Telegraph.—Press Assn.—Copyright. London, May 12. Under the Government’s Railway Bill English railways will be amalgamated into four groups and the Scottish railways into two groups. The English groups are the southern, western, northwestern and midland, north-eastern and eastern. Scotland will be divided into western and eastern groups. The various companies must submit their amalgamation schemes before June 30, 1922. The scheme will operate from January, 1923. Three commissioners will form the amalgamation tribunal and prepare schemes where the constituent companies fail to agree. Rates and freights will be fixed by a special rates tribunal. Where the rates yield an excess beyond the standard in 80 per cent of the cases the surplus will be used in reducing the rates on the remaining 20 to the company earning it.— Aus.-N.Z. Cable Assn.
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Taranaki Daily News, 14 May 1921, Page 5
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139RAILWAYS IN BRITAIN. Taranaki Daily News, 14 May 1921, Page 5
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