Page:Engines and men- the history of the Associated Society of Locomotive Engineers and Firemen. A survey of organisation of railways and railway locomotive men (IA enginesmenhistor00rayniala).pdf/310

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Engines and Men

by means of steamboats, docks, canals, etc., for which no charges have been raised." The value of these are estimated roughly at from £10,000,000 to £15,000,000.

Big Balances.

Taking into account the value of the Government traffic as given in the above table, the total receipts and expenditure, with the balance earned in 1913 and the period under control, have been as follows:—

Caption text
Year. Receipts.
£
Expenditure.
£
Balance.
£
1913 118,700,935 75,127,210 45,573,725
1914 (part of) 47,918,188 31,782,832 16,135,356
1915 130,358,044 85,028,262 45,328,782
1916 145,871,085 95,756,706 50,114,379
1917 164,279,430 108,877,932 55,401,498
1918 177,584,321 131,326,295 46,258,026
Total control 666,011,068 452,772,027 213,239,041

In the period of control the total amount paid as compensation to the companies was £95,313,607, leaving a balance of earned income of £117,926,444, or £5,882,633 in excess of the estimated value of Government services at authorised pre-war rates. The estimate submitted by Sir Auckland Geddes gave the estimated increased cost for the year ending March 31st, 1920, compared with 1913,

as follows:-
  £
War wage and other concessions 57,000,000
Eight-hours day and new concessions 20/25,000,000
Extra cost of materials and coal 27,000,000
Total extra 104/109,000,000

There were other subjects of public discussion, too, like the Municipal Housing Schemes, the Peace Treaty of Versailles published on May 9th, and the disclosure of documents issued to