“A lowermg of charges has hcen the almost universal commercial remedy for bad business, and it is_ impossible to doubt that if the Railways and Post Office were in private hands there would have been a general lowering of rates before ’now,” comments the Auckland “Herald.” It is chiefly by this means tho British railway, companies hnvo sought to revive their fortunes, tho compulsion in tjicir case being tho competition of the’ road transport agencies, which are . estimated to have taken from the railways about 12 per cent, of the total shortdistance goods traffic, erelusive of co.nl ami minerals. Though less sevtire in this country, the competition of the roods has been a facto” adversely affecting the New Zealand railways, and the logical reply is a lowering, of railway charges.
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Dominion, Volume 15, Issue 160, 1 April 1922, Page 11
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130Untitled Dominion, Volume 15, Issue 160, 1 April 1922, Page 11
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