LOSS ON RAILWAYS.
CAUSED BY HIGH CHARGES. POSITION IN BRITAIN. By Telegraph.—Press Assn.—Copyright. Received October 6, 12.55 a.m. London, Oct. 4. , A Blue Book publishes remarkable evidence of the slump in railway traffic as a result of the increase in fares by seventy-five per cent. During 1921 two hundred million fewer journeys were made, compared with 1920. The receipts fell £10,000,000, the total being £246,000.000. The decrease in firat-cla« passengers amounted to fifty per cent. The statistic? make it clear that the increased. fareri are more than the public can pav. The railway managers are meeting on Tuesday to consider the question of a general reduction.
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Taranaki Daily News, 6 October 1922, Page 5
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106LOSS ON RAILWAYS. Taranaki Daily News, 6 October 1922, Page 5
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