Report of the Royal Commission Appointed to Inquire Into and Report Upon the Means of Locomotion and Transport in London Volume 1

Report of the Royal Commission Appointed to Inquire Into and Report Upon the Means of Locomotion and Transport in London Volume 1

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1905 edition. Excerpt: ...systems of mechanical traction can be worked most economically, and with the greatest advantage to the public, when they are under one and the same management. It is only by extensive amalgamations that the great advantages arising from unity of interest and unity of management can be fully realised. We believe that amalgamation can be carried out in such a way as to be profitable to the shareholders, and advantageous to the public, but we think that it should only be sanctioned on terms and conditions which fully secure the interests of the public. This is, however, a matter which can only be suggested for future consideration, and to which effect could only be given on the initiative of the railway undertakings concerned. 153. In this connection our attention has been called, on behalf of the The Underground London County Council,1 to the controlling power which has been secured bv Electric RaUuays the Underground Electric Railways Company of London, Limited, over the Company of Baker Street and Waterloo Railway, the Charing Cross, Euston and Hampstead Londor Limited, Railway, the Brompton and Piccadilly Circus Railway, and the Great Northern and Strand Railway, the two latter having been amalgamated into Evidence of Mr. Edgar Speyer. Evidence of Mr. Charles T. Yerkes. the Great Northern, Piccadilly and Brotnpton Railway. The Underground Electric Railways Company also exercise a powerful influence over the London United Tramways Company and the Metropolitan District Railway Company. There is a natural tendency on the part of companies owning urban railways or tramways to place their undertakings under the same management, and, as we have said, such unified management is a gain and not a disadvantage. The London Underground Electric...show more

Product details

  • Paperback
  • 189 x 246 x 6mm | 213g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236930959
  • 9781236930958