1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168 
Railways to Apply for Increased Rates.
30th April 1937, Page 75
30th April 1937
Page 75
Page 75, 30th April 1937
— Railways to Apply for Increased Rates.
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.
If you've noticed an error in this article please click here to report it so we can fix it.
A 'decision has, we understand, been made by the four railway companies to apply to the Railway Rates Tribunal' for permission to increase railway freights and fares by 5 per cent. The railways are entitled under Section 59 of the Railways Act of 1921 to apply for permission to -increase rates, so long as their revenues fall below the standard revenues defined by the Act.
The railways have, it is said, refrained from seeking to raise rates owing to the keenness of road competition and the belief that they would lose traffic. It is now felt that, in view of the marked trade recovery and the widely different conditions which exist in road and rail itransport, a small increase in charges will be effective.
Tags
Organisations:
Railway Rates Tribunal