The truth is, that the system of railway management in this country
has been, from the beginning to the end, decidedly bad. Each line,
as it came into existence, was fostered by quackery and falsehood.
The most extravagant representations were used to secure the
adhesion of shareholders, and to procure the public support. Rival
lines fought each other before the committees with a desperation
worthy of the cats of Kilkenny, and enormous expenses and law
charges were incurred at the very commencement. No economy whatever
was used in the engineering, and no check placed on the engineers.
In those days, indeed, an engineer of established reputation was a
kind of demigod, whose doctrine, or, at all events, whose charges,
it was sinful to challenge. But engineers have their ambition.
They like viaducts which will be talked of and admired as splendid
achievements of mechanical skill; and the most virtuous of the tribe
cannot resist the temptation of a tunnel. Such tastes are natural,
but they are fearfully expensive in their indulgence, as the
shareholders know to their cost. The remuneration of these gentlemen
was monstrous. In the course of a few years most of them realised
large fortunes, which is more than can be said for the majority of
the men who paid them. So was it with the contractors. Mr Francis
tells us of many, "who, beginning life as navigators, have become
contractors; who, having saved money, have become 'gangers,'
realised capital and formed contracts, first for thousands, and then
for hundreds of thousands. These are almost a caste by themselves.
They make fortunes, and purchase landed estates. Many a fine
property has passed from some improvident possessor to a railway
labourer; and some of the most beautiful country seats in England
belong to men who trundled the barrow, who delved with the spade,
who smote with the pick-axe, and blasted the rock." With such
statements before us, it is not difficult to see how the money went.
Alas for the shareholders! Poor geese! they little thought how many
were to have a pluck at their pinions.
Public-domain text, read in full here on John Shaqi.
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