RAILWAYS NOT PAYING
HEAVY LOSS LAST YEAR. INTEREST CHARGES MOUNTING. REMEDY WITH THE' PUBLIC. (■Special to “Northern Advocate.”) AUCKLAND, This Day. “We are a long way from making the railways pay,” said the Hon. W. B. Taverner, Minister of Railways, when addressing the United Early gathering in Auckland yesterday. “There will be a loss of something under £1,000,000 this year and probably a little more next year, as the interest charges are mounting up.” The Minister said that part of his work was to ask the public everywhere to regard the railways as their greatest national asset. He desired to get a proper adjustment between, the railways and the private motor. The Department was slowly, but steadily, regaining its goods troffic, and the cooperation of the public was being sought with a view to getting back the passenger traffic also.
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Northern Advocate, 23 May 1929, Page 4
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140RAILWAYS NOT PAYING Northern Advocate, 23 May 1929, Page 4
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