A World Remaking

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The operating basis was 64% Today, the increased cost of materials is £20, 000, 000; the increased cost of wages £60, - 000, 000 and the eight-hour day just inaugur- ated will add £12, 000, 000, a total of £92, 000, - 000 additional expense, where before the war there was only £124, 000, 000 of gross receipts.
The war bonus, which I have included in the above figures of wages, was 15 shillings at the beginning of 1917, 21 shillings at the end and was advanced to 33 shillings only in 1918. Women
... got one-half the bonus and eventually up to 20 shillings. Now they are gradually going out of the service.
The cost of operating the railroads before the war was about £79, 000, 000. Today the operating expenses must be about £175, 000, 000.
With the operating deficit and the gniaran- ties of interest and dividends, the deficit upon the British treasury must be now nearly £75, - 000, 000 per annum. No fig-ures are published nor is the gross or net return of any individual railroad publicly known.


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