THE CASE FOR THE RAILWAYS
[To the Editor of THE SPECTATOR]
Snt,—In your issue of December 23rd, Sir James Milne does me the honour of commeating upon my article on "The Railways and the Roads." I do not, however, feel moved by what he says to withdraw or amend anything that I wrote. We occupy very different chairs, and I would not for one moment doubt that the views which he expresses are as proper in the occupant of his position as I believe mine to be in my own.
I must nevertheless confess to some surprise at reading his concluding paragraph. It is no more than natural that the railway interests and those represented by the National Road Transport Employers' Federation should equally object to new competition on the roads. But on what evidence does he question the business acumen of the financiers concerned with the hire purchase business in motor vehicles ? Are they really so incompetent in the conduct of their business ? In any case, it surely ill becomes a railwayman to deplore the financing of a trznsport undertaking on the basis of borrowed money.—Yours London, N.W. it.
Previous page
