HC Deb 18 February 1920 vol 125 cc925-6W

asked the Minister of Transport, whether the railway companies, in consideration of his authorising the increases in railway rates now being imposed, have agreed to relieve the Treasury of the guarantee it gave the railways in 1914?


The answer is in the negative. If the additional increase in railway rates results in a surplus over the amount due to the companies under the guarantee, the difference will be retained by the Government.