VICTORIAN RAILWAYS.

Colonist, Volume XLVIII, Issue 11736, 19 September 1906, Page 2

VICTORIAN RAILWAYS.

j Received September 19, 0.55 a.m. Melbourne, Septembe~flß. "' The report of the Railway Com missioners show that the total revenue was'* 7 three? million'Tseven hundred thousand r pounds,Tthe largest ever earned, being equivalent to 4.51 per cent on' the railway debt of the!T!tState. The Commissioners strongly recommended^Rthat the'revenue should be devoted, first to the liquidation of liabilities to revenue; second, to "providing funds for additions and improvements to ' existing [lines, and additional rolling^stocK ; third, to building up a revenue reserve fundfto cope

with unfavorable seasons, and meet charges without calling on the consolidated revenue for the purpose.