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RAILWAY DEVELOPMENT

LONDON MIDLAND AND SCOTTISH LINE. HEAVY EXPENDITURE PROPOSED. (British Official' Wireless.) (United Press Association.) (By Electric Telegraph—Copyright.) RUGBY, February 28. Sir Josiah Stamp, presiding at the annual meeting of the London, Midland, and Scottish Railway, said that development schemes for the railway, involving an expenditure of approximately £1,800,000, had been approved by the Government. Of this amount £1,450,0b0 would rank for a grant of interest from the Government under an Act which provides for such assistance to utility works calculated to' promote employment. Further schemes involving an outlay of between £3,000,000 and £4,000,000 were under consideration.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19300303.2.42

Bibliographic details

Otago Daily Times, Issue 20965, 3 March 1930, Page 7

Word Count
98

RAILWAY DEVELOPMENT Otago Daily Times, Issue 20965, 3 March 1930, Page 7

RAILWAY DEVELOPMENT Otago Daily Times, Issue 20965, 3 March 1930, Page 7