FRENCH RAILWAYS
j « DEFICIT, £14,500,000. DRASTIC REMEDIAL MEASURES. ... i (UNITED V 8.153 ASSOCIATION—BY ELECTEI'TELEGRAPH —COrTEIOHT.) (Heceived August 12th, 9.5 p.m.) PAEIS, August VI. The French railways deficit for 1930 was £14,500,000. Judging by this halfyears returns it will bo £23,500,000 in 1931. In order to place the lines on an economic basis, it is proposed to raise fares 25 per cent., to close many stations, and to abolish certain local lines, substituting mo'or-omnibuses or light motor-vehicles using the railway lines. i
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Bibliographic details
Press, Volume LXVII, Issue 20314, 13 August 1931, Page 9
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81FRENCH RAILWAYS Press, Volume LXVII, Issue 20314, 13 August 1931, Page 9
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