§ Mr. HUDSONasked the President of the Board of Trade what was the ratio of expenditure to gross receipts of railway companies of the United Kingdom for the years 1870 and 1908?
Mr. ROBERTSONComplete statistics for all the railways of the United Kingdom were first available in 1871. In that year the ratio of expenditure to gross receipts was 47 per cent. The corresponding ratio in 1908 was 64 per cent.