THE TRANSPORT SYSTEM.
FRENCH DIRECTORS WARNED, TOO MUCH EQUIPMENT. BY LAND, SEA AND AIR. United Press Assn.—Elec. Tel. Copyright, (Received April 29, 9.30 a.m.) PARIS, April 28. “ All transport systems, especially ocean shipping, must be reduced or suffer the consequences of disorder and bankruptcy, possibly International complications,” says M. Raoul Dourtry, director of the French State Railways, Gompagnie General Transatlantique (shipping) and the Aero Postale Company. “ Road, rail, ancl air transport suffers from over-equipment. Thu remedy is deflation, nationalisation and co-ordination. Unnecessary competition must be abolished. This will hurt, but there is no other way out.’*
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Waikato Times, Volume 111, Issue 18623, 29 April 1932, Page 7
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96THE TRANSPORT SYSTEM. Waikato Times, Volume 111, Issue 18623, 29 April 1932, Page 7
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