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The Railway Problem, 1870; A Series of Papers (Paperback) Loot Price: R270 Discovery Miles 2 700
The Railway Problem, 1870; A Series of Papers (Paperback): John Hill
The Railway Problem, 1870; A Series of Papers (Paperback): John Hill

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The Railway Problem, 1870; A Series of Papers (Paperback)

John Hill

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Loot Price R270 Discovery Miles 2 700

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated.1870 Excerpt: ... in value, because traffic was evidently greatly increasing, while it was not anticipated that the working expenses would similarly increase. Mr. Cardwell, in the debate on the Bill, said: --"It was well known that traffic very greatly increased with lapse of time, while the expenses of working the line did not increase. There would be, therefore, if the original tariff were maintained, an increasing and very soon a disproportionate profit; and here the public claimed, and rightly claimed, to share. Mr. Cardwell took a businesslike view of the prospects of railway property. He never dreamt, nor did any one else then dream, of the rise of that misbegotten offspring of competition and engineering, Mr. Houghton's "insatiable monster," which now sucks away the life-blood of railways. People anticipated that in a few years profits would rise above 10 per cent., and railway property become so valuable that Government could never afford to buy them out. The Bill was introduced by the present Prime Minister, who was then President of the Board of Trade, in a speech of great power, which occupied two hours in delivery, and was answered by Mr. Bright in a speech likewise marked by great vigour. The Bill was carried, but in respect of this plan for purchase, it always has been, and always will be, practically a dead letter--not thereby, as we understand, falling short of the anticipation of Mr. Gladstone, who in introducing the Bill said, "We are content in the main with making a mere provision for the limitation in future; the whole effect of which provision is that, instead of Parliament having its hands tied and fettered as they are now, they shall be free to deal with these matters for the public good." The Bill began by reciting that it was expedient that the conce...


Imprint: General Books LLC
Country of origin: United States
Release date: February 2012
First published: February 2012
Authors: John Hill
Dimensions: 246 x 189 x 2mm (L x W x T)
Format: Paperback - Trade
Pages: 30
ISBN-13: 978-1-4590-9525-0
Barcode: 9781459095250
Categories: Books
LSN: 1-4590-9525-1

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