HC Deb 07 August 1919 vol 119 c590W

asked the Prime Minister whether, in connection with the proposed Ministry of Transport, he will consider the desirability of guaranteeing a fair return on the capital invested in railways and other forms of transport for a term, to be continued for a further term where such transport agencies have arrived at agreements with regard to amalgamation, and where such amalgamation may be, in view of the Ministry, the means of introducing economies by standardisation and improvements in traffic arrangements generally due to joint action?


As the hon. Member is aware, the present guarantee to railway companies will, under the Transport Bill, be guaranteed for a further period of two years. The question will then be reconsidered in the light of the experience gained during that period.

Forward to