NEW ZEALAND RAILWAYS.
By Telegraph—Press Association. ASHBURTON, February 19. In the course of an interview with a "Guardian", reporter, the Hon. J. A. Millar. Minister for Railways, outlined his p.licy. He emphasised the fact that he intended to make the railways pay their own interest. In showing where increased expenditure was nceessary and where increased revenue was anticipate J, he spake as follows in regard to general instilla tion, interlock-i'ie, and signalling gear, and the tablet system, which is now taking pl.ice at a heavy initial cost, and which would entail a heavy annual expenditure:—"lf this work is expected to be aon? out of reverue, as is claimed hy many writers an i speakers, ir. ?an't, and has no right to be. There is only one way in which it can be done—that's by an increase of rate?. It seems unfair to , charge present users with this expen- ; diture, leaving future generators ! with fully equipped lines free of '••- . ; A certain amount of borrowed m n.-y ; will be absolutely necessary, not ior ; maintenance, but for new equip : ments, which, to my mind, are a fair charge against the future."
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Wairarapa Age, Volume XXXII, Issue 3119, 20 February 1909, Page 7
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188NEW ZEALAND RAILWAYS. Wairarapa Age, Volume XXXII, Issue 3119, 20 February 1909, Page 7
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