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The Pamphlet Collection of Sir Robert Stout: Volume 77

Appendix

Appendix.

The following are some of the items now Charged to [unclear: Capital] account under the heading "Additions to Open Lines":—"[unclear: Additions] and improvements to station buildings, platforms, [unclear: and] signals; replacing sleepers, bridge-strengthening, land, [unclear: additional] works, water services, etc., for locomotive department; [unclear: sidin] loading banks, stockyards, approaches, and crossings; [unclear: additional] to dwellings, relaying, fencing, reclamation works; [unclear: interlocking] appliances; additions to workshops, telegraph and [unclear: telephone] facilities, creosoting plant, improvements to recreation [unclear: ground] Upper Hutt; block-working, Departmental offices, [unclear: Wellington] protective works, stonecrusher, weighbridges, replacing [unclear: sleepe] footbridge, stockyards, filling in mud fiat, Nelson; [unclear: viadue] page 21 clearing slopes, etc.; store office, diving plant, flood openings, [unclear: alteration] of grades, crane, lightening cuttings on Otago Central railway, painting machine, turntable and engine pit, additional [unclear: coal] accommodation, triangle. Rolleston: shelter-shed and [unclear: signals]; lengthening cuttings Otago Central railway, reconstruction of Rangitikei bridge, wheel drop pits, drainage, asphalt footpath, [unclear: securing] station safes in concrete, making station booking-offices [unclear: private]."

The above items are all charged to the "way and works [unclear: department]." After perusing the comprehensive list, one wonders what [unclear: is] left to be charged to the "maintenance of way" account.

Under the heading "Locomotive Department" we find in [unclear: addition] to all new rolling stock of every kind, "additions to [unclear: signals], conversion of carriages, cranes, altering waggons, lava[unclear: tories] in carriages, fitting cars with cushions, do, gangways to [unclear: carriages], gas lighting for carriages, lighting Petone workshops," [unclear: etc.], etc. In fact, everything that can possibly be charged to [unclear: capital] account.

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A. Table shewing the True Position and Working of the 1 2 3 4 5 Years Capital Employed. Interest on do. at 4 per cent, only. Amounts wrongly charged to Capital. "Additions to Open Lines." Working Expenses. Services to otte Departments

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C Tables shewing the Capital Outlay and Working of the Auckland the 6 Auckland Section of 341 miles. Population-Cens 1 2 3 4 5 6 Years. Capital Invested in "Open Lines." Capital locked up in "Unopened Lines." Increase in Capital over preceding Year. Increase in Interest charge at 4 per cent. Amount spent on Permanent Way and charged to Capital "Additions to Open Lines." Estimated Outlay on Rolling Stock charged to same account.