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No wholesale State take-over

27th December 1974
Page 7
Page 7, 27th December 1974 — No wholesale State take-over
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Which of the following most accurately describes the problem?

WHATEVER fears operators may have for 1975, wholesale nationalization need not be one -of them. At a press lunch this week Sir Daniel Pettit, chairman of the National Freight Corporation, made it clear that an additions to the State fleet would be selective acquisitions. Sir Daniel has never made a secret of the fact that he does not wish to acquire lame-duck companies and is more interested in good management than goodwill.