The New Zealand Railways Magazine, Volume 4, Issue 11 (June 1, 1930)
Faith in the Service
Faith in the Service.
He pinned his faith to the service they were able to give, service that was demonstrated in the figures he had given—the fact that the railways were able to carry 86 per cent, of their tonnage at a rate that no competitive form of transport could possibly look at. If to-morrow they were told that the railways were formed into a commercial institution and told: “Now, go to it on that basis,” he would not hesitate to say, without the slightest possible doubt, that page 23 the railways could be made to square the ledger. Whether it would be good was the question. He personally believed that it would not.