NORTH ISLAND RAILWAY PROFITS.
EATEN UP BY SOUTHERN LOSSES
. (By Tolcgraph,-Special: Correspondent.). r ... ~ v V Auckland, Juno 29. ' lias been cauaed by tho dooision of the Minister for Railways to stop the evening train to Drnry. , The. "Horald* taus retcrs to the • : ••
",\Ve ( predictedj while money was, being waßted upon uncalled-for lines in .tho South Island, that, when economy was unavoidable, it would be; practised most stringently in the North. This prediction is being fulfilled unfortunately for Auokland province. With the close of the month, the Drurv gvening train will be discontinued, on tho ground that it- does not pay, but there is not even a suggestion that the Central Otago trams will be .suspended, although the bovenunont;loses heavily upon therwholo of them, and must run most of . them at a crippling loss.. If; the last 500 miles of railTOvbuilt m the South Island had oeen constrocted m the North Island'instead, -there would be. no necessity for any parsimonious nnd, unbusinesslike economy upon promisine northern railways.; TOat is evidently hai? pening, is that northern railway profits arc being t so, exhausted in making good the southern railway. deficits, that the Railway iJcpartmont is driven to staivo tho growtii of northern business." ' .• j
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Bibliographic details
Dominion, Volume 2, Issue 547, 30 June 1909, Page 8
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202NORTH ISLAND RAILWAY PROFITS. Dominion, Volume 2, Issue 547, 30 June 1909, Page 8
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