Industry Attemp to Keep Shackle. on Bristol?
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From our Political Corresponden A N attack on part of the Trans 1-1 Bill can be expected from the m manufacturing industry soon after Po ment reassembles next week. The So of Motor Manufacturers and Trader; concerned at the apparent lack of re tion placed on their publicly owned s petitors, who will be controlled by proposed Transport Holding Comr It should not take long for an or group of M.P.s, to add their fear the same score by tabling an amend' to the Bill, which is now in Comnstage.
Bristol Commercial Vehicles, may, the trade fears, be extended State competitor if the Bill is unalt. Since the Socialists were persuade impose restrictions in their legisla there is concern that a Consery Government proposes to remove t Any losses for private enterprise lir home market could lead to adverse ef on exports—something State concern not engage in, a spokesman for the I pointed out this week.
The Society's concern is directed a apparently unfettered proposal that Holding Company will be able to rn facture anything, subject to Minisl control.
This control would, of course, de. on the policy of the Minister, of v ever party. This opens up too lar gap for the liking of private intet who believe this part of the Bill is only bad, for them, but also for the party and—eventually—the Exchequ
It is felt that the manufacture of g or passenger vehicles by nationalized panics should be for the use of the transport system's own purposes air
Considering, however, that the co stone of the Transport Bill is comme freedom, it is hard to see how the Go, lions.
an accede to claims for re!
Indeed, if an amendment is tabled Minister looks like havin face a political paradox whi is called on to answer it.
While the Government want to be reassuring on point, they are unlikely to • any such restrictions into Barkers Transport (A/sage Ltd., recently took delivery this articulated outfit fri Beech's Garage (Hanley), L The tractive unit is an ER 66G X' six-wheeler with Ga. ner 6LX engine and doub drive bogie, and the semi-trai a Taskers 35-ton low-load
,eyland Results Show 1.4 m. Standard Loss
LOSS of £1,470,792 by StandardTriumph International, Ltd., since were acquired by Leyland Motors, , last spring is revealed by Leyland's rI for the year ended September 30 Group profit, before taxation, was 26,328, as against £9,161,099 in the ipus year. This includes the Standardmph loss and £2,918,555 depreciation. profit was £3,412,230 (£4,624,245),
• profits tax £892,441 (£1,016,564). dividend remains at 20%.