When was it published?

May 15, 1883 in The Silver State

Foreign News May 15, 1883

The Silver State

Q: What keywords are associated?

Swiss Federal Council, Railways Acquisition, Working Expenses, Government Purchase, European Comparisons

Unionville, Winnemucca, Humboldt County, Nevada

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What is this article about?

Swiss Federal Council reports against government acquisition of railways, noting Swiss lines' working expenses at 55% of gross receipts versus higher percentages in Germany (59%), Austria (73%), Belgium (63%), Norway (74%), and Denmark (71%).

Clipping

OCR Quality

95% Excellent

Full Text

The Swiss Federal Council has reported strongly against the proposed acquisition of the railways by the Government. The working expenses of Swiss railways, managed they now are, do not exceed 55 per cent. of the gross receipts, while the State lines of Germany swallow up 59, those of Austria 73, of Belgium 63, of Norway 74, and of Denmark 71 per cent. of their revenues in working expenses. In view of these facts, the Federal Council opines that to purchase the railways would neither profit the State nor benefit the people.

What sub-type of article is it?

Economic Political

What keywords are associated?

Swiss Federal Council Railways Acquisition Working Expenses Government Purchase European Comparisons

Where did it happen?

Switzerland

Foreign News Details

Primary Location

Switzerland

Outcome

federal council opines that purchasing the railways would neither profit the state nor benefit the people.

Event Details

The Swiss Federal Council has reported strongly against the proposed acquisition of the railways by the Government. The working expenses of Swiss railways, managed they now are, do not exceed 55 per cent. of the gross receipts, while the State lines of Germany swallow up 59, those of Austria 73, of Belgium 63, of Norway 74, and of Denmark 71 per cent. of their revenues in working expenses. In view of these facts, the Federal Council opines that to purchase the railways would neither profit the State nor benefit the people.