Transport World Volume 10

Transport World Volume 10

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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. 1901 edition. Excerpt: ...other badly needed underground lines. The Central London Railway has, of course, an admirably situated route, and a strong ally in the London United Tramways, with which it affords connections at Shepherd's Bush, but one or two of the proposed underground tubes will have almost equally good opportunities. There are others, however, that if they are to make a fair return to their prospective shareholders will have to be worked at a considerably lower ratio than the Central London. There is little doubt that the present figure will be lowered, and as far as the new lines are concerned they should do better, as their equipment will be of a later type and more economical. Still, with respect to the new lines, proposed investors may be recommended to proceed cautiously. Early in the Session it seemed " "t"h';"l" probable that an improved Light L'5"t ': 'f_'waYs Railways Act might be passed which would encourage the excellent work of the past five years. The new Act, it was expected, would run for five years, and then the situation would be ripe for final treatment in a permanent Act. The congested state of Parliamentary business has made any such programme impossible, and the Act of 1896 will be put into the general Expiring Laws Continuance Bill of this year, and so renewed for another twelve months. The Act has been exceedingly useful as affording a temporary relief from the almost absolute veto on tramway progress which the Tramways Act interposed. This ill-advised measure, which because it practically drives private enterprise from the field, is looked upon by some as a masterpiece of statesmanship, has already worked the country more harm than perhaps any other law affecting industrial...show more

Product details

  • Paperback | 658 pages
  • 189 x 246 x 34mm | 1,157g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236753305
  • 9781236753304