BRITISH RAILWAYS.
ANOTHER AMALGAMATION. By Telegraph.—Press Assn.—Copyright. Received Feb. 26, 5.5 p.m. London, Feb. 24. The Great Western Railway and twenty-six other lines in West England and Wales are amalgamating under the Railway Act of l»‘Zi. The aggregate capital of the group approximates £150,600,000 and the net income is anticipated to reach £8,600,000. The absorption includes the railway-owned docks at Newport. Cardiff, Barry and other Welsh ports. The group retains the title of the Great Western Railway.
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Taranaki Daily News, 27 February 1922, Page 5
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77BRITISH RAILWAYS. Taranaki Daily News, 27 February 1922, Page 5
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