"B.T.C. Paid Elm for Nothing. "
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LTHOUGH the British Transport Commission were to be paid Lim. for disturbance during the sale of British Road Services, their annual report said that disturbance had not occurred, Mr. James Barrie, national chairman of the Road Haulage Association, commented on Wednesday. He was speaking at the annual dinner of the Association's West Midland Area at Birmingham.
Hauliers were " amazed " at the Minister's high estimate of f20m. for the levy. Figures given by Mr. LennoxBoyd last July showed an average price of about £1,250 per vehicle sold by the B.T.C. The vehicles being sold were 10-20 years old and, under any normal system of book-keeping, would have been completely written off. The B.T.C. " were making a very handsome profit indeed."
The Association would like to know how the Minister arrived at his estimate. "Those of us who have supported denationalization by purchasing transport units know well that high prices have had to be tendered for such purchases," Mr. Barrie said. He hoped that the Minister would revise his figure.