are much lower per mile.
Comparing with Indian Railways of the working of which I have had some experience, I do not think that the estimate is at all too sanguine.
For this purpose, I do not think it unreasonable to take a Dollar as equal to a Rupee.
The local labour here is very expensive, and the work done by a thing man on One dollar a day is only about equal to the work done by an Indian on one Rupee per day.
Similar lines running into the large sea ports are the Eastern Bengal, East Indian, and the Bombay Baroda, which earn Rupees 107, 96, and 64 per mile per day. The latter Railway has a good deal of line through a country which does not pay at all. This line is altogether through a paying country.
The percentage of Working Expenses of the gross earnings for the above Railways are 42.54, 33.47, and 47.13.
I do not think my estimate is at all exaggerated.
The principle of varying the rates per mile according to outside competition may give rise to a good deal of discussion, but it is the custom on Railways to do so. At present, there is an attempt being made at home to stop this, as produce from abroad is very often carried from the sea port to London at cheaper rates than home-grown articles.
However, unless such a system is allowed, I do not see how the line is to pay for a good many years to come.
The profit of $935/- per day gives a total of $341,275/- per annum, which will pay 31% on the capital cost, but will leave very little to put by to allow for depreciation of plant.
Chief Resident Engineer,
(3)
(9)
are much lower per mile.
od
bluew swgit und astar Jass9ng rebnu dɔum Hi Hoidy mod req #lim
634
.28.2 #
egrined sa019
aseneqzi yaİNTOW
$11079
zal ve tem ali a vent of macasper ed [[fw #å ofîtart sind vII50 OT
binov mland regnesasy ent „nia) aboo eno bлa yer ione Q. **1
.300£ .31 08 dos9 Ja831 ts aeliosoo 8 Juods to daienoo
to taco oxt 3793082A8q tot astugit evoda eit gntairamā
TO VED YOU Aspa‡ of duo advo# anland regnoeasq 01 oaerið gninmUPI
Clanro 194 08.36 etneo to elim nient neq SAS‚ntant nog os\sa
ou bohoqery Nosoo 9gisi exò tot neve ngid reridot at fo¡v GIÁN
vas of ebla Llame ent mo 916 asanoqxo quidrow ya dniit dom ob I
... I VA
¿YAZILDA Jastlíð 101 2gwght on ered I ,BAS ON
abdo as dzid as nedar taɔɔ sit a. (AVILAH
-1‡[ucet add el anivollot and ¡eszuşit svođe sdt yniaiTamu 2
TIHOAS 3/GIZZIXE DUIWAOV SOKIKRAI 22080
or-ob
08.08
22-08
OS + I&
00-0
08.GI
00*0801
03 SS
00-sas
00*SAS
00*ari
00'60
28 3
CA IS
පිට *859
IT'S A
28.448
OD 85
OS*OBTI
se*03
DITTATT
*193n9zza¶ mojaso
mudo ma2
ogist
aboog
Botne
#
*OLID MC2
LADOI
IsJoT
elim og IstoT
egrinise 200ią to dusnegre gaixtor to ensinaoney odd aaviş aiNT
edt doodt dnkrit Jon ob I duo down view Jon et notrtw & ca-re ja
N$107 10 ayawItsA IstraquI and vot aewṛit anibnoqas11oo oft
ASA JITOTI ATL zoensqxã BaixTo" A60-agninvað saorðD ens BrİNO
to 80 os sesneqyl zuidToW to @gsinsoteq s gniviş elim 19q vab 19q
COLE Medrol and 19gnof guied onir sut
fNG GLOBE BYLUTLE**
Comparing with Indian Railways of the working of which I
have had some experience I do not think that the estimate is at
all too sanguine.
For this purpose I do not think it unreasonable to take a
Dollar as equal to a Rupee.
The local labour here is very expensive and the work done
by a thing man on One dollar a day is only about equal to the work
done by an Indian on one Rupee per day.
Similar lines running into the large sea ports are the Eastern
Bengal, East Indian and the Bombay Baroda which earn Rupees 107
96 and 64 per mile per day. The latter Railway has a good deal
or line through a country which does not pay at all. This line
is altogether through a paying country.
7
·
The
For the above Railways the percentage of Working Expenses of the gross earnings are #42 54-22, 33-47 and 47-13.
I do not think my estimate is at all exaggerated.
principle of varying the rates per mile according to outside
competition may give rise to a good deal of discussion, but it
is the custom on Railways to do 5$. At present there is an
attempt being made at home to stop this, as produce from abroad
is very often carried from the sea port to London at cheaper rates
than home grown articles.
However unless such a system is allowed I do not see how
the line is to pay for a good many years to some.
The profit of $935/- per day gives a total of $341,275/m per annus which will pay 31% on the capital cost, but will leave
very little to put by to allow for depreciation of plant &
Chief Resident Engineer,
.
No comments yet.
Private notes are available after approval.