Nationalization Conies to Eire
Page 32
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UNDER a Bill introduced by Mr. D. Morrissey, Eire Minister for Industry and Commerce, road, rail and canal services now operated by Coras lompair Eireann will be nationalized on January 1. The Bill is due for its second reading when the Dail reassembles on October 26..
The Great Northern Railway • (Ireland) is excluded from the Bill. The greater part of its operations are in Northern Ireland, and negotiations are taking place between the Ulster and Eireann Governments concerning its Future. There is a suggestion that it might be run by a subsidiary, which would be responsible to the successor to C.I.E. and the Ulster Transport Authority.
Under the Bill, the Government would set up a new board, consisting of a chairman and five members, to acquire the assets of C.I.F. and take over the staff. The State undertaking would have a capital of £16,405,764.
C.I.E. guaranteed debenture stock would be converted into the same nominal amount of Eire Transport stock, and common stock of C.I.E. would' be converted at the rate of £80 of transport stock for £100 of common stock. The Bill gives the new board power to issue up to £7,000,000 of stock for development and any other suitable purpose.
The publication of the Transport Bill follows Sir James Milne's inquiry into the working of transport services in Eire. His report created great public controversy.
DEATH OF MR. L. D. KITCHIN
WM deeply regret to announce the W Sudden death, last Sunday, of Mr. L D Kitchin, A.M.Inst.T., assistant editor of "Motor Transport and
Bus and Coach." He was 36 years of age Mr Kitchin joined those journals in November, 1934, and was esteemed not only by his colleagues of the Transport Press, but by operators, association officials and others throughout the a30 country. He was an authority on the complex legal structure of the industry and his book, "Road Transport Law," has become a standard work. He was also an expert in passenger transport and was the author of "Bus Operation."
By his death the Transport Press loses a staunch friend and the transport industry an acute observer and wise counsellor.
• WILL R.H.E. EXTEND WAREHOUSING?
ANOTHER approach to the Road Haulage Executive by the National Association of Inland Warehouse Keepers, with reference to the provision of public warehouse facilities by acquired haulage undertakings, was recommended at a recent meeting of Northern members of the Association in Leeds.
The Association requires from the R.H.E. an assurance that under nationalized control there will be no extension of the public warehousing activities carried on by some undertakings at the time of acquisition.
The result of correspondence which the Association has already had with the R.H.E. on this matter is not regarded as satisfactory, and the meeting recommended that an interview on the subject be sought.
A party of 23 Dutch dealers and operators recently visited Guy Motors, Ltd., Wolverhampton.