Back to photostream

"Let there be no probability of any competing line. Some of the railways now in the course of formation, will, in my opinion, scarcely pay a fair per centage; and if railways are made to compete with each other, it is almost an impossibility that they can pay; for instance, if the Legislature permit it (which I cannot believe), the Manchester and Birmingham Extension Railway, and the Grand Junction, will have a conflicting and injurious effect upon each other, and one, if not both, will probably be ruined."

—letter to the editor from "Examiner," The Railway Magazine and Annals of Science, New Series, No. XXXIII, November 1838. page 372.

290 views
1 fave
0 comments
Uploaded on October 23, 2020
Taken on October 17, 2020