=Working Expenses.= Page 53.
=If increase= of traffic no more than above, increase of working
expenses negligible, apart from economies made by unification. Expense
of carrying 200 passengers no more than 20. If increase of traffic
more, then revenue increases, but working expenses only by about 50
per cent., as expenses of permanent way, stations, signal boxes, and
establishment charges but little affected. Expenses of Post Office and
Railways to be lumped together.