BRITISH RAILWAYS.
REDUCTION OF FREIGHTS.
£44,000,000 A YEAR INVOLVED.
A. and N.Z.," /V! LONDON. April 20. Freights on agricultural;, products have been reduced from 75 to SO per : cent.' above pre-war rates, and > on« general merchandise to 60 per cent, above the prewar level, Except coal, iron ore, " iron, steel, and similar heavy; goods. 'Since November, 1921; the reductions in goodsU and ; passenger rates and dock s dues have U cost the: companies '£35,000,000 'if&t year, ;;, and the present concessions bring the cost to? £44,000,000, though the wages ; bill is still 136' per cent, above the prewar level, and • wages form - two-thirds of the total 'railway costs.
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Bibliographic details
New Zealand Herald, Volume LX, Issue 18381, 23 April 1923, Page 7
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107BRITISH RAILWAYS. New Zealand Herald, Volume LX, Issue 18381, 23 April 1923, Page 7
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