A History of Inland Transport and Communication in EnglandPratt, Edwin A.
History
A History of Inland Transport and Communication in England
Pratt, Edwin A.
Communication and traffic -- Great Britain; Transportation -- Great Britain -- History
A greater degree of apparent success was, at first, to attend those further
precautionary measures which took the form of encouraging the construction
of competing lines, leading both to new and to existing companies invading
the so-called "territory" of other companies, as distinct from the
provision of lines in districts which had no railways at all.
There was at this time much discussion as to the rights of established
companies.
When the proposal for the appointment of the Committee of 1840 was under
discussion in the House of Commons, Sir Robert Peel had contended that a
material distinction was to be drawn between new companies approaching
Parliament for the first time and companies which, relying on the faith of
Parliament, had invested their capital in the construction of railways.
"Parliament, it was true, might repent of the indiscretion and levity with
which it had granted those powers ... but he would advise Parliament to be
very cautious how it interfered with the profits or management of companies
which had been called into existence by the {282}authority, and had
invested their money on the faith, of Parliament." Mr Gladstone's Committee
of 1844 also declared that they had been "governed throughout their
consideration of the subject by the strongest conviction that no step
should be taken by Parliament which would either induce so much as a
reasonable suspicion of its good faith with regard to the integrity of
privileges already granted, and not shown to have been abused, or which
would prospectively discourage the disposition now so actively in operation
to extend the railway system by the formation of new lines."
On the other hand, there was that ever-present and ever-active dread of
what _might_ happen if the railway companies _did_ become grasping and
merciless monopolists. There was, also, the fact that while there would be
direct competition between two railways having the same terminal points,
each line might further serve a more or less considerable and important
intermediate stretch of country which otherwise would be left without
railway accommodation at all.
For one or other of these reasons competing lines continued to be
sanctioned, notwithstanding Special Committees' recommendations and railway
companies' protests. One such protest, giving a specific example of the
tendencies of the day, was made in a memorial to the Board of Trade, dated
June 26, 1857, and headed, "Proposed Remedies for Railway Grievances." The
memorial, signed by Sir John Hall, Bart., and six others, and addressed to
Lord Stanley of Alderley, president, and Mr Robert Lowe, vice-president, of
the Board of Trade, had been drawn up at the request of those two gentlemen
as a more detailed statement of facts to which their attention had already
been called. Five specific grievances were dealt with, and the first of
these was "The Tendency of Parliament to concede competing or otherwise
unnecessary lines." Under this head the memorialists state:--
Public-domain text, read in full here on John Shaqi.
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