BELGIAN RAILWAYS
PROGRESS UNDER NEW CONTROL. The main Belgian railway system, like that of Germany, has passed from State to company control, and although'the Belgian National Railway Company was not established until August, 1026, the change has already effected remarkable improvements from the standpoint of revenue and economical . working, says the London Financial News. The official figures show a striking advance in earnings for the first six months of this year, as compared with the corresponding period of 1928. In contrast with British experience, the growth in receipts extends to the passenger as well as the goods department, but the ratio of gain is considerably greater in the latter, while the proportion of passengers to total revenue is materially lower than in England. This is explainable by the fact that the railways of Belgium, as in the case of Switzerland, handle a very, large amount of international transit merchandise traffic,
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Taranaki Daily News, 2 October 1929, Page 11
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150BELGIAN RAILWAYS Taranaki Daily News, 2 October 1929, Page 11
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