RAILWAY LOSSES.
£4OOO A DAY. (By Telegraph—Press Association.) WELINGTON, Wednesday. The Acting-Minister of Railways declared in the Hovse yesterday that the daily 'loss on railways is £4OOO, and there is no prospect of making a reduction on freights and fares. This course had been suggested by Mr G. W. Witty, who considered it was warranted on account of reductions in overseas l freights, and in the cost of living. He also thought the traffic might thereby be stimulated. The Hon. D. H. Guthrie's reply to the last suggestion was that it did not coincide w.'th the Department's experience. The position was serious 1 , and although freights and fares were under consideration he did not see how they could possibly be reduced.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WAIPO19220119.2.33
Bibliographic details
Waipa Post, Volume XXI, Issue 1194, 19 January 1922, Page 5
Word Count
121RAILWAY LOSSES. Waipa Post, Volume XXI, Issue 1194, 19 January 1922, Page 5
Using This Item
NZME is the copyright owner for the Waipa Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in