RAILWAY CONTRACT.
FAILURE TO COMPLETE.
•4 NEW SOUTH WALES PROBLEM. (Received February 5, 9.35 p.m.) SYDNEY, Feb. 5. An awkward situation arising out of the financial stringency in Australia is facing the New South Wales Government. This is the possibility of it being required to pay a penalty of £50,000 for failing to complete a contract with Hoskins, Limited, to construct the Port Kembla-Moss Vale railway. The lino should have been finished this month, but is not likely to be completed before the end of the year. The State Treasurer, Mr. B. S. B. Stevens, hopes to settle the matter.
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Bibliographic details
New Zealand Herald, Volume LXVII, Issue 20482, 6 February 1930, Page 11
Word Count
100RAILWAY CONTRACT. New Zealand Herald, Volume LXVII, Issue 20482, 6 February 1930, Page 11
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