LOSSES ON RAILWAYS
NEW SOUTH WALES RETURNS. MINISTER’S PROPOSALS. RESERVATION OF CONCESSIONS. United Pres? Assn. —El<*k. Tel—Copyright. (Received April 2. 10.30 a.m.) SYDNEY, April 2. Losses of £2,084,000 on the State railways and £348,250 on trams during the year are forcast by the treasurer, Hon B. S. B. Stevens, in a financial statement to the Assembly. Among the proposals for dealing with the problem is the recovery of a portion of the business lost to road transport. Legislation is being considered authorising the withholding of lower freight rates from consignors who utilise road transport for a porton of their business; also to withhold in similar cases the starving stock rate. The passenger concession fares will be reviewed.
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Waikato Times, Volume 107, Issue 17985, 2 April 1930, Page 5
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117LOSSES ON RAILWAYS Waikato Times, Volume 107, Issue 17985, 2 April 1930, Page 5
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