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The Railways and Road Agreement T HE chairman of the Liaison
Page 60
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Committee on Road Transport Rates, Mr. W. Edwards, has, in connection with railway charges for merchandise traffic, received a letter from I.ord Stamp to the effect that, arising out of the Joint Memorandum sent to the Transport Advisory Council by the railways and the Liaison Committee, it is agreed between the two industries that, in order to achieve •the desired co-ordination, neither the railways nor the road-haulage industry will embark upon cut-throat competition calculated to defeat that co-ordination. Further, both will co-operate in an endeavour to establish co-ordinated rate structures and, in consultation, will take such steps as may be considered necessary for the establishment of the agreements contemplated.
Every effort was made by both to reach fair and reasonable rates agree-ments, with due regard to' each other's al8 interests, as well as for those of the trading public and Other carriers.
The railways note the possibility of the haulage industry seeking at a future date some revision of Part I of the Road and Rail Traffic Act, 1935, and they are prepared, at a date prior to the end of the two-year period referred to in Clause 11 of the Joint Memorandum, to discuss such proposals in a sympathetic spirit, on the clear understanding that 'any modification put forward shall apply equally to all forms of transport.
It is understood between the two industries that every proposal in the memorandum and the contents of the letter 10f which this is a precis.—En.) forms an integral part of the agreement and if 'the proposals be not carried out -substantially in their entirety, the parties must be considered to-be at large.. Confirmation of this letter was given by Mr. Edwards.