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"Servtee goad Loan from Fuel MI:"

16th December 1955
Page 46
Page 46, 16th December 1955 — "Servtee goad Loan from Fuel MI:"
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Which of the following most accurately describes the problem?

A FORMER Parliamentary Secretary to the Ministry of Transport -told the Council for the Reduction of Taxation in London, last week, that all the financial rectitude in the world would not save British industry if outmoded communications were retained.

Sir -Gurney Braithwaite said that had roads were causing British export industry some £400m a year in transport delays. Vehicle duties yielded £365m. a year. This could not be spent on roads, but he thought that for this .purpose there should be a 30-year loan of £750m., which could be serviced, as regards interest and Sinking fund, by

taking Lax. 2d. a gallon .off the present fuel Now that the nationalized industries had been granted borrowing powers to the tune of £900m. it was absurd to ignore the vital problem of an adequate road system.

B.R. OBJECTION "LUDICROUS" "

IT is ludicrous that British Railways

should object to an application for tipping vehicles for the carriage o. building material," the Scottish Deputy Licensing Authority was told last week by Mr, R. W. Currie. He represented Messrs. John Hutchison and Son, Forth Street, Dunfermline. who successfully applied for a licence to operate five vehicles on the carriage of road and building materials within the counties of Fife, Kinross and Clackmannan.

Mr. Currie described the opposing

case of British Railways. as nothing more than a formal objection put forward in the hope that the applicant will be frightened away."


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