Salt Lake Telegram | 1921-02-13 | Page 4 | English Railroads Facing Crisis

(ENGLISH RAILROADS j FACING CRISIS NEW YORK. Feb. 2 Only one rail-' rail-' road in England ts In a solvent con-Idition con-Idition and the BritWh government need ) not be surprised If It Is asked to ex-' ex-' tend financial assistance to the rail- roads of that country, Sir Wiliiam Ore net. a director of the Midland rai!- i way said today on his arrival here from London. 1 "The government will have to raise I the money, he declared. "The condition con-dition ts Just the same as your ra'l--j roads found themselves in after , the war." j. Business conditions " in Kngand. he ; said, were undergoing a period of de-i de-i cided depression and he expressed the opinion that more than n ear wojld elapc before anythli: liae oormul fei attained fc .