Underground Deliveries in London?
Page 61
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_THOUGH London Transport never fail to miss an opportunity to complain about the effect of traffic ;estion upon their buses, they have a chance of iating it. Why cannot certain Underground stations noditied for the handling of goods?
n obvious advantage is that there is at least one on in every shopping area covered by the system. In )rd Street there are four. Nearly every morning, eastid traffic is squeezed to a single line at St. Giles us by a caterer's van parked near the traffic lights, Tottenham Court Road station is a few yards away. 'hat I' envisage is an extension of the platform of the on at which a goods van tacked on to a passenger
would draw up. With modern appliances it could nloaded at least as quickly as passengers take to get in out, and the goods could be taken to the surface by mveyor—right into shop premises if required.
tch a service could make a profit. Are there any y fundamental objections to what seems to me, at , to be a feasible physical proposition?
How Much Hire Purchase of Vehicles ?
LE otherwise admirable article entitled "Credit Becomes Respectable" (The Commercial Motor. ember 18) contains an unfortunate statistical error in • mdon, S.W.1 ARNOLD SMEED.
the second paragraph. It is certainly an exaggeration t,: say that approximately 80 per cent, of all hire-purcha., transactions are concerned with motor vehicles.
In December, 1958. the latest date for which a complete breakdown is available, motor vehicles accounted for 43.4 per cent, of the total outstanding debt, which at that time stood at 1.604m. Household goods accounted for nearly half the £604m. and as the average value of each agreement in this category is much less than in the case of motor vehicles, the number of transactions comprising the 50 per cent, must be much greater than the number contributing to the 43.4 per cent. of vehicle debt.
London, E.C.4. G. H. WOOLVERIDGE,
Director-Secretary, Finance Houses Association, Ltd.
[The census of distribution for 1957 shows that about 80 per cent. of the value of hire-purchase credit advanced by finance houses was for motor vehicles.—ED.1
Too Much Paid on Insurance Claims ?
REFERRING to the second of two road incidents mentioned in The Commercial Motor on September 18, I do not believe any motor insurer would pay to a third party any sum, let alone the figures you quoted, without first satisfying himself that it was justified and necessary.
London, S.E.9. BROKER.