Bird's Eye View By The Hawk
Page 44
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What is Deadweight ?
DURING the recent debate on the Transport Bill in the House of Commons Sir Edward Boyle, financial secretary to the Treasury, stated the effect of the proposed financial changes. As a result, the community as a whole would be assuming responsibility for debt amounting to roughly £2,450m. "This is not a deadweight debt," he added.
The taxpayer will no doubt be indebted to Sir Edward for this note of cheer.
Point, Counterpoint
if ANY arguments in the Transport Tribunal seem to cut both 1.V-1. ways. What opposing counsel do not think of, the President, Sir Hubert. Hull, will. Thus in the armoured car
battle . sorry, appeal case, last week:— " The appearance of uniformed escorts is a deterrent to thieves," suggested counsel.
"It might also be said that it draws their attention," said Sir Hubert.
and "If the traffic is being carried illegally it is false traffic and cannot be considered as evidence."
" Equally, of course, if it was innocently done then it could be said that they should be enabled to do it properly." and
"The value of the Consignment is not .indicated by the means of carrying, whether by escort or armoured car."
'But either makes it a consignment of value."
The phraseology may not be accurate but the substance is. pl 0
Transport Golfen
'THE Transport Golfing Society turned out in great strengti L for their annual dinner at the Connaught Rooms last week understand from K. E. Goring-Felton, the reigning .presi dent, that the Society is flourishing.
Sir Stanley Rous was the principal guest and I liked hi story of ' the general and the bishop who played a mum regularly every Monday, with the general always successful
After one fearful thrashing the bishop, feeling very bittel implied that he would not be averse to reading the buria service over his ,opponent; but the general achieved a tactica victory with his reply that nevertheless it would still be his hole