BANK CHAIRMAN ON NATIONALIZATION
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THE chairman of Barclays Bank, Mr. Edwin Fisher, in a statement issued with the report for the past year, refers to nationalization. He says: "That it is in the interests of the Nation for any form of activity to be under the kind of control which will enable it to make the maximum contribution to the common good, is a view with which no reasonable person will disagree. Nor can it be doubted that the pursuit of nationalization as an end in itself, without regard to other considerations, would be an invitation to disaster.
"It is, therefore, a matter to be approached from a strictly technical angle. It is a field of enterprise in which the merits of public ownership or control can hardly be disputed, but, beyond the limits of that field, the answer to the question as to what form of ownership or control is best in a particular case, can be expected only from a thorough and impartial investigation of the facts.
The intimate bearing of this matter upon the welfare of the individual and the fortunes of the community alike calls for reason rather than bias, and the interests of the Nation require that reason shall prevail."
WHERE EXPORT LEYLANDS Cl)
A N analysis of export orders received I-1 by Leyland Motors, Ltd., during 1946 reveals that the largest demands for Leyland passenger chassis were from Europe, South America and Australia.
Tentative orders given by European buyers at the close of the year have now been confirmed, thus placing Europe as the largest post-war customer for Leyland passenger chassis. South America accounted for 24 per cent. and Australia for 23 per cent. of the overseas orders for this type of ,vehicle.
Apart from the numerous specialized goods vehicles ordered by the oil companies in the Near and Far East, South Africa was, last year, the largest customer of Leyland Motors, Ltd., for overseas heavy-duty goods vehicles.
HULL LEVEL-CROSSINGS TO GO
DMAILED proposals for dealing with most of the railway level-crossings which hamper road transport at Hull were given at a meeting of Hull City Council by Councillor W. E. Body. chairman of the town planning committee. Road bridges will be built in some cases, whilst in others the crossings will be abolished by abandoning railway lines. In a few instances, on minor roads, the crossings will stay.
IN A LINE OR TWO David Brown Tractors, Ltd., of Meltham. has introduced a five-day week of 44 hours.
The Bristol Tramways and Carriage Co., Ltd., has registered the names "Columbus," "Cabot," " Avon " and "Severn" for possible future use for new chassis.
A rapid supply service for Hills' number plates is being inaugurated by Industrial Maintenance and Supplies. (Wolsington), Ltd., 26, Archbold Terrace, Jesmond, Newcastle-upon-Tyne, 2.