NEW RAILWAYS.
REMOVAL OF POLITICAL CONTROL. FAVOURED BY .BUSINESS MAN. LARGER SAVINGS POSSIBLE. (Bv TelegmpD—Press Association.) AUCKLAND, Friday. The proposal to remove the railways from political control was warmly commended by Mr. M. Stewart, president of the Auckland Chamber of Commerce, which had advocated this step for several years. Mr. Stewart said he was confident that the proposed board could make larger savings than the Commission suggests. The whole question of economies would have been better left to the proposed board, but he welcomed the suggestions as far as they go. Increased fares and freights he - regards as inevitable. The heavy deficit annually was ' partly due to the fact that the railways are over-cap-italised, but the department is faced with further additions for capital works, including the Auckland and Wellington railway stations, the Westfield deviation, and seven new lines. These uncompleted lines should be stopped unless it was proved that they will pay. “ The railway deficit is our most serious financial problem to-day,” concluded Mr. Stewart. “ The loss is too heavy to really constitute a Budget deficit. '
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/WT19301003.2.62.7
Bibliographic details
Ngā taipitopito pukapuka
Waikato Times, Volume 108, Issue 18140, 3 October 1930, Page 8
Word count
Tapeke kupu
177NEW RAILWAYS. Waikato Times, Volume 108, Issue 18140, 3 October 1930, Page 8
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Waikato Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in