These thoughts have been irresistibly suggested to us by a perusal of the two ponderous tomes of Mr Francis, entitled, _A History of the English Railway: its Social Relations and Revelations_. A more unfortunate kind of apocalypse could hardly have been hazarded at the present time. Most people are tolerably well aware, without the aid of Mr Francis, of the changes in social relations which have been worked by the British railway; and as for revelations, a good many would give a trifle to have these entirely suppressed. We have not yet arrived at the time when the history of the "'45" of this century can be calmly or dispassionately written. Too many of us, still remanent here, have burned our fingers, and too many of our kith and kin have been sent to exile, in consequence of that notable enterprise. Since the standard was last unfurled in the vale of Glenmutchkin, a considerable number of the population have been bitten by the sod, if they did not literally bite it. That system of turning over turfs, by the aid of silver spades and mahogany wheelbarrows, was more fatal to the peace of families than the accumulation of any number of Celtic bagpipers whatever. It was a grand interment of capital. Who has forgotten the misery of those times, when letters of railway calls arrived punctually once a quarter? Two pound ten per share might be a moderate instalment; but if you were the unfortunate holder of a hundred shares, you had better have been boarded with a vampire. Repudiation, though a clear Christian duty to yourself and your family, was utterly impossible. It mattered not that the majority of the original committeemen and directors had bolted; you, the subscriber, were tied to the stake. The work was begun, the contracts opened, and money must be had at all hazards and sacrifices. You found yourself in the pitiable situation of an involuntary philanthropist. Threescore hulking Irish navvies were daily fed, liquored, and lodged at your expense. Your dwindling resources were torn from you, to make the fortunes of engineers and contractors. So long as you had a penny, or a convertible equivalent, you were forced to surrender it. Your case was precisely similar to that of the Jew incarcerated in the vaults beneath the royal treasury of King John. One by one all your teeth were drawn. If you managed to survive the extraction of the last grinder, and to behold the opening of the line, your position was not one whit improved. Dividend of course there was none. That awful and mysterious item of charge, "working expenses," engulfed nearly the whole revenue. What was over went to pay interest on preference debentures. That gallant body of men, the directors, laid before you, with the utmost candour, a state of the affairs of the company; from which it appeared that they had exceeded their borrowing powers by perhaps a brace of millions, and had raised the money by interposing their own individual security. These obligations you