Public "ownership of London's passenger services, with "reasonable remuneration of capital" was adumbrated in a statement made in the House-of Commons to-day by Mr. Herbert Morrison, the Minister of Transport, The magnitude of the scheme, the announcement of which surprised the chiefs of the transport services, may be judged from the fact that the According to Mr. Morrison the scheme doos not inv public funds, but ai ing uneconomic competition.
lo, simple form of public ownership, but in order to ensure jgorous business enterprise" the principle of "commercial managetient" will be incorporated.
The scheme will be explored immediately with all interests concerned, including municipalities.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.