INDIAN RAILWAYS.
TWELVE MILLIONS YEARLY,
By Telegraph.—Press Association.—
(Received June 4, 11.21 p.m.)
London, June 4. Viscount Morley's Committee on Indian Railway Finance and Administration—which included Sir James Mackay (member of the Council of India) as chairman, Sir Felix Schuster (the eminent banking authority), and Sir David Barbour (formerly Financial Member of the Council of India)— unanimously reported in favour of an annual expenditure during the next eight years of £.12,500,000 sterling in railway construction and development.
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New Zealand Herald, Volume XLV, Issue 13768, 5 June 1908, Page 5
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77INDIAN RAILWAYS. New Zealand Herald, Volume XLV, Issue 13768, 5 June 1908, Page 5
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