STATE FINANCES
SOUTH AUSTRALIAN RAILWAYS REORGANISATION PROPOSALS AN EXPENSIVE SCHEME. BY CABLE—PRESS ASSOCIATION—COPYRIGHT. Received 12.10 p.m. to-day. ADELAIDE, Oct. 22.
‘The committee set up by the Government to investigate the State finances, in its first report dealing with railways says: The scheme of the previous Government for equipping the service with new locomotives and rolling stock was too large. Nearly £2,000,000 was spent without Parliamentary authority. Passenger services, both metropolitan and for country districts, were maintained at heavy and increasing loss. The chief commissioner was brought from America in 1923 to reorganise the services. He estimated the expenditure necessary for five years to be £4,500,000. However, about £1,500,000 was spent to June, 1927.
The committee recommended an increase in fares and freights to bring in additional revenue of £400,000. It also advised a substantial reduction in nonpaying passenger services.
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Hawera Star, Volume XLVII, 22 October 1927, Page 9
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139STATE FINANCES Hawera Star, Volume XLVII, 22 October 1927, Page 9
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