THE VICTORIAN RAILWAYS.
LARGEST REVENUE ON RECORD* By Telegraph.—Press Association.—Copyrijht, (Received September 19, 12.53 a.m.) Melbourne, September 18. THE report, of the Victorian Railway Commissioners shows a total revenue of £3,787,0000, the largest ever earned. It is equivalent to 4.51 per cent, on the railway debt ot the State. / The Commissioners strongly recommend that the surplus railway revenue should be devoted first to liquidating liabilities chargeable to revenue, and! second to providing funds for addition* and improvements to existing linos and additional rolling stock; third to building up a revenue reserve fund to cope with unfavourable seasons, and meet interest charges without calling on the consolidated revenue for the purpose.
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New Zealand Herald, Volume XLIII, Issue 13286, 19 September 1906, Page 7
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110THE VICTORIAN RAILWAYS. New Zealand Herald, Volume XLIII, Issue 13286, 19 September 1906, Page 7
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