IMPORTANT RAILWAY PROPOSALS

Taranaki Daily News, Volume XXXXV, Issue 89, 11 April 1903, Page 3

IMPORTANT RAILWAY PROPOSALS

BRITISH SNI'ERPSISS WANTED.

THE PBEBB ASSOCIATION. Received 10, 9.31 p.m. London, Ap il 9. The Bigdad railway will effect a a swing of three and a half days in the Tcdnn msil.

Mr Balfour foresees the construction and suggests th»t Bri'ish cipitalistg should consider the expediency of joining in the undertaking. 0 :herwise it will be in the hands of French and German cipitaliVs who hive mutually agreed to the plans. No are lDtecded with France or Germany. Mr Balfoui's feeliog favours the terminal being at Koweyt, with whose sheik we have a special treaty, rather than placing it in terri o y where «e tihould be u ab'fl to cl ii.n pref-reutial adv tntasfs. Moreov-r, Britain has moEopol'sedthoPergiscGul*. The wh> le question of the railway was under (X amication ia conjunction ni'.h Curzra and the military and nav<.l authorities.

The newtpapars suggest that apart from the impossibility of utilising the railway ia wartime atd tha fact that heavy goods must always be seaborne there is the expediency rf inducing the P. and 0. Company to i> crease the opted of its stfamsh-ps. The limes Sijs the fact that tt>e Frw.ch are associated with the Germ-m* is ap> of [the scheme is considered crm'uer.i.l and uot political. Thi lines r.commends a cuitious buj comprehetsive j inveit'gition. | Lord Northcote, after v'siting the | Aden Hin'erland recomm< n's a railway from Aden to Athala tapping the richest part of Aribi* whicb, b rides providing a imatoium, proposes in other diric'ions to d-velope the commercial pos-ib'litifs of Aden. Received 11, 0.12 a.m. Losdon, April 10. Great satisfaction ex'sts at Berlin at Mr Balfour's speech ou the Bagdad railway.