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The New Zealand Railways Magazine, Volume 3, Issue 8 (December 1, 1928)

Christmas Greetings from the General Manager

page 8

Christmas Greetings from the General Manager

I wish to convey to all members of the Service my thanks for the splendid way in which they have backed up my efforts to meet the transport requirements of the community since taking control of the Railways in June last, and to wish all, staff and public alike, a Merry Christmas and Happy New Year.

Already there are indications of a more hopeful outlook. I have been looking over last year's returns for the first seven periods of that year (up to the 15th October) and I find that then a comparison with the previous year showed a decrease in revenue of £64,000 and an increase in expenditure of £89,000, or a gross adverse total of over £153,000.

When I look at this year's returns to 13th October (the last date to which the figures have been gazetted) I find the revenue has increased by £75,000 over the similar term last year, whilst the expenditure has increased by £92,000, an adverse total of only £15,000—with two less days accounted for. Comparing the two adverse balances, £153,000 last year, with £15,000 this, it seems evident that the dangerous downward tendency has been substantially checked. This gives hope that by the time the end of our present financial year is reached the Railways will be able to make a better showing financially than they did in the previous twelve months, besides giving the public a service more in keeping with present day transport needs.

Much still requires to be done and I confidently look for that measure of support from the staff in 1929 that will enable us to discharge our duty to the public in a manner that will reflect credit on ourselves and bring satisfaction to the users of our services.

With all good wishes,

General Manager

General Manager