STATE PURCHASE OF RAILWAYS.
Mu Chas. AVauixc:, who some months ago Un:w out in tho Fortnightly Keview a very powerful argument for the, purchase of railways by the State, has now amplified his subject into a remarkable, bonk entitled “Suio Purchase nf Railways.*’ ihc subject is a gigantic one, involving an operation which would require the doubling of the national debt, though, Mr v\ aroint conP'inU, without adding anythin IM," t ie inferot payable thereon, an-l therefore quite harmlessly.
Ilm tacts, lignres, and arguments which -Ml' U arm" piles up are marvellous, anil lie makes out an unanswerable case against tlio present rates of charge : but licTrlcals somcuiiat lightly with certain formidable objections to bis plan, ami leaves the impression that his book ought to have been live times as long as it is to do justice to so thick-set and undiluted a mass of information. 1 lie subject is one which is daily attracting more attention.—Vanity Fair, May tkSth.
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Waikato Times, Volume XXIX, Issue 2350, 2 August 1887, Page 2
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160STATE PURCHASE OF RAILWAYS. Waikato Times, Volume XXIX, Issue 2350, 2 August 1887, Page 2
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