Page 15 Advertisements Column 1

Auckland Star, Volume LXIII, Issue 98, 27 April 1932, Page 15

Jo Improve the Railways Position"

The People's Opportunity DESPITE the difficulties of thVdepression, the New Zealand Railways are paying working expenses, providing for depreciation, and earning part of the interest on capital. It is the shortage on the interest side that requires a call on the Consolidated Fund (drawn from the general taxpayers) to balance the budget. A gain of traffic at this stage means that the great bulk of the resultant revenue is available for the interest account, and correspondingly eases the burden of the general taxpayers. Losses of traffic which should rightly go to the railways reduce the Department's employing strength and increase the load on taxpayers. Strengthening the railways strengthens New Zealand. Wellington, /"? £>4jL 27th April, 1932. \J'^/JXP^^^^^ 'J? ' General Manager N.Z. Railway*.

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