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Commissioners Praise Economy Policy

12th December 1958
Page 41
Page 41, 12th December 1958 — Commissioners Praise Economy Policy
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Which of the following most accurately describes the problem?

SEEKING fare revisions designed to yield £12,000 a year, the Thames Valley Traction Co., Ltd., were praised on Tuesday by the South Eastern Traffic Commissioners for their policy of

not withdrawing services. Mr. H. J. Thom, chairman, said this policy was much more in the public interest than any surrender of licences could be.

'The company were -granted the revisions, which concerned fares charged in the Newbury area. Mr. J. R. C. Samuel Gibbon, on their behalf, said the company were reluctant to surrender licences until all methods of increasing revenue had been explored.

Mr. John Pearmain, secretary, said the wage awardwould cost £7,500 this year and £32.500 next year. More than £20,000 of that would be met by economies, stemming mainly from art envisaged mileage reduction of 104,000 next year. The fare increase would meet the balance.

Mr. John Stevenson, traffic manager. said operations in the..,Newbury area were on the lowest of the company's three scales and the revisions would place them on the intermediate scale. At the moment operations in the area, which were mainly rural, were losing money, and passengers elsewhere were subsidizing the services.

One economy being practised was one-man operation, which now accounted for 29.4 per cent. of single-deck operation.

No allowance had been made for passenger resistance, but experience was that in a rural-area people did not take so readily to bicycles as people in builtup areas.


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