SOUTH ISLAND RAILWAY.
THE CONTEMPLATED LOSS. Writing to the “Standard” regarding his recent visit to the South Island Main Trunk railway construction works and his comments on the undertaking, Mr N. G. Gribble, general secretary of the New Zealand Land Settlement and Development League, Auckland, says there is one point of great importance —the fact that on a narrow strip of country of a- most unsatisfactory nature the State is spending at present large sums of public money to construct a highway and a railway which must of necessity be in competition for the meagre revenue which is likely to be afforded by the country traversed. “At the present moment,” continues Mr Gribble, “the league is straining every nerve to endeavour to get the utmost results from the expenditure of what little funds are available, and yet we find that an actual contemplated loss equivalent to five per cent on £2,000,000 appears to have no deterrent effect upon the construction of the line which, I am convinced, was never seriously contemplated by the present Government but was promised in a rash moment. “I wish that every thoughtful man in New Zealand could go and see the position for himself ; but in the meantime the waste which is going on is nothing short of a national calamity.
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Bibliographic details
Manawatu Standard, Volume LI, Issue 7, 8 December 1930, Page 8
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216SOUTH ISLAND RAILWAY. Manawatu Standard, Volume LI, Issue 7, 8 December 1930, Page 8
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