The Archive · 1930

Government to Assist the Railways

London, Feb. 28.

Sir Josiah Stamp, presiding at the annual meeting of the London, Midland and Scottish Railway, said that development schemes for the railway involving an expenditure of approximately 1,800,000 had been approved by the Government. Of this amount £1,450,000 would be a grant free of interest from the Government under the act which prom vides for such assistance to enable work to be done which is calculated to promote employment. Further schemes involving an outlay of bo-tween three and four million pounds wore under consideration, he added.

Wireless through Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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