40. Mr. T. THOMSON
asked the Minister of Transport whether he will recommend the withdrawal of the guarantee to the railway companies of their pre-war dividends in order that there may be a greater inducement to the railway companies to effect more efficient organisation and greater economy in working so that traffic will be more expeditiously handled?
§ Sir E. GEDDES
I cannot recommend the withdrawal of the guarantee given to the railway companies, because it is in fulfillment of an undertaking entered into by the late Government in 1916.