44 PER CENT. CUT IN INCOME
20th December 1946, Page 26
20th December 1946
Page 26
Page 26, 20th December 1946
— 44 PER CENT. CUT IN INCOME
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RAILWRAILWAY stockholders, at a meeting AY London last Friday, unanimously passed a resolution demanding an inquiry before the Government nationalizes transport. • Sir Charles StuartWilliams, who presided, said that under the Government's proposaN the incomes of equity-stockholders would be reduced by 73 per cent. The average drop in income over the whole body of stockholders would be 44 per cent.
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