Scrutinize Accounts, Says Corporation
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GGATESHEAD CORPORATION has received a letter from the Association of Municipal Corporations, supporting Gateshead's contention that bus companies asking for higher fares should submit details of their financial position to the Traffic Commissioners. The Corporation had claimed that Traffic Commissioners were not carrying out their duties properly unless the accounts of an applicant company were investigated. It
was contended that not only should increased expenditure be taken into consideration, but also the amount of capital employed.
The Association has asked the Ministry of Transport to make it known that, as a matter of general policy, it would be disposed to uphold anneals against the decisions of the Traffic Commissioners, where there had been no scrutiny of accounts.