NO REWARD FOR EFFICIENCY
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NO industry had done more than passenger transport towards raising productivity. Although costs of operation were 2f times higher than before the war, the Yorkshire Traction Co., Ltd., had avoided asking for any greater increase in stage-carriage fares than 30 per cent., said Mr. R. W. Birch, chairman, at the annual meeting on Wednesday.
Unfortunately, he added, financial benefit from ingenious economies was denied, for when it was necessary to apply to raise fares the company suffered for their efficiency. A less efficient concern showing heavy losses could justify the approval of high advances in fares. "Barnsley is one of the few towns in the country where the minimum fare is 11-d., and not 2d.," he pointed out.
Ile deplored the failure of the Chancellor of the Exchequer to relieve fuel tax. Last year the company paid £187,000 on this account and vehicle duties.