23 JANUARY 1926, Page 2

It is believed that in drawing up this scheme the

Government have relied in the main upon the Report of the Weir Committee. The Parliamentary correspondent of the Times says that in one respect, however, the plan departs from the Weir Report. That Report recommended that some assistance, State or Municipal, should be given to the Board in the first few years, but the Government, rightly anxious to get as far as possible away from any method of nationalization, do not rely at all upon public funds. The Board will raise its own capital and work on ordinary commercial lines. This, of course, would not prevent the Board from receiving help, like any other commercial company, under the Trade Facilities Act. The Electricity Bill will be laid before Parliament early in the new session. * * * *