HC Deb 01 March 1915 vol 70 c534

asked the President of the Board of Trade whethere there has been any variation in the original terms of the agreement between the Board of Trade and the railway companies by which a guarantee was given by the Government that pre-War rates of profits would be maintained, if necessary, by subsidies from the Treasury?

The PRESIDENT of the BOARD of TRADE (Mr. Runciman)

Some variation of the original agreement is now under discussion with the railway companies.