FREE BOOKS

Author's List




PREV.   NEXT  
|<   74   75   76   77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   92   93   94   95   96   97   98  
99   100   101   102   103   104   105   106   107   108   109   110   111   112   113   114   115   116   117   118   119   120   121   122   123   >>   >|  
s not err upon the side of extravagance. By its neglect of its duties towards the commercial and mining community enormous losses are involved. Thus, in the coal traffic, the rate--which is now to be somewhat reduced--has been 3d. per ton per mile. According to the returns of the Chamber of Mines, the coal production of the Transvaal for 1895 was 1,045,121 tons. This is carried an average distance of nearly thirty miles, but taking the distance at twenty-four miles the charges are 6s. per ton. At 1-1/2d. per ton per mile--three times as much as the Cape railways charge--a saving upon the coal rates of 3s. per ton would follow, equal to L150,000 per annum. Again, by the 'bagging' system, an additional cost of 2s. 3d. per ton is incurred--details of this item have been recently published in this paper--and if this monopoly were run upon ordinary business lines, a further saving of L110,000 would be made by carrying coal in bulk. The interest upon the amount required to construct the necessary sidings for handling the coal, and the tram-lines required to transport it to the mines, would be a mere fraction upon this amount; and as the coal trade in the course of a short time is likely to see a 50 per cent. increase, the estimate may be allowed to stand at this figure without deduction. No data are available to fix the amount of the tax laid upon the people generally by the vexatious delays and losses following upon inefficient railway administration, but the monthly meetings of the local Chamber of Commerce throw some light upon these phases of a monopolistic management. The savings to be made in dealing with the coal traffic must not be taken as exhausting all possible reforms; the particulars given as to this traffic only indicate and suggest the wide area covered by this monopoly, which hitherto has made but halting and feeble efforts to keep pace with the requirements of the public. Dealing as it does with the imports of the whole country, which now amount in value to L10,000,000, the figures we have given must serve merely to illustrate its invertebrate methods of handling traffic, as well as its grasping greed in enforcing the rates fixed by the terms of its concession. Its forty miles of Rand steam tram-line and thirty-five miles of railway from the Vaal River, with some little assistance from the Delagoa line and Customs, brought in a revenue of about L1,250,000 in 1895. Now that the Natal line is opened the receipt
PREV.   NEXT  
|<   74   75   76   77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   92   93   94   95   96   97   98  
99   100   101   102   103   104   105   106   107   108   109   110   111   112   113   114   115   116   117   118   119   120   121   122   123   >>   >|  



Top keywords:

amount

 

traffic

 
handling
 

required

 

distance

 

monopoly

 

saving

 

thirty

 

railway

 
losses

Chamber

 
people
 
reforms
 
generally
 
vexatious
 

particulars

 

delays

 

suggest

 

exhausting

 

management


meetings

 

Commerce

 

phases

 

monthly

 

savings

 

inefficient

 

dealing

 

administration

 
monopolistic
 

concession


assistance

 

Delagoa

 

opened

 

receipt

 
Customs
 
brought
 

revenue

 
enforcing
 
public
 

requirements


Dealing
 
imports
 

hitherto

 

halting

 

feeble

 

efforts

 

country

 

invertebrate

 

illustrate

 

methods