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C chief ts out t Bill

23rd December 1977, Page 5
23rd December 1977
Page 5
Page 5, 23rd December 1977 — C chief ts out t Bill
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Which of the following most accurately describes the problem?

kN Pettit, chairman of tional Freight Corporashed out last week at posed financial reconan of the NFC as de1 the Transport Bill.

)roposals are not nearly 1 enough because, gh the proposed "will do much to ( the shortcomings ig National Carriers," C is "apprehensive behe Corporation will still n obligation to pay int D the Government on liabilities not backed nue earning assets." -esult would be that the capable of producing e would be expected to an "unrealistic rate in D carry the rest."

fect, the NFC would be ) square one — it could e "vulnerable to a ence of the very prowhich reconstruction signed to overcome."