RAILWAYS IN SOUTH AFRICA.
LOSS OF REVENUE.
By Telegraph Association.—Copyright
(Received May 29, 9.20 p.m.)
Pretoria, May 29. At the opening of the Intercolonial Council at Pretoria yesterday the High Commissioner (Lord Selborne) said the financial position of the railways of the Transvaal and the Orange River Colony had materially grown worse. The Budget showed a shortage of £180,000, while the Estimates for the coming year antici- 1 pated a reduction in revenue of £700,000, and an equivalent reduction in expenditure.
The Intercolonial Council was formed in 1903 to advise the High Commissioner on. the financial administration of the South j African railways and the- employment of | their revenues, on the expenditure on the South African; Constabulary, and on certain; official expenditure common to the Trans-! vaal and the Orange River Colony. The Council has.2s members. There were under the control of the Council at the end of! 190*, 1540 miles of line open for traffic, 403 j miles under construction, and 711 miles pro- j jected. In 1905-6 the revenue about met expenditure. The cost to the two colonies of j the constabulary is about £990.000. '•
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Bibliographic details
New Zealand Herald, Volume XLIV, Issue 13451, 30 May 1907, Page 5
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187RAILWAYS IN SOUTH AFRICA. New Zealand Herald, Volume XLIV, Issue 13451, 30 May 1907, Page 5
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