Our almost daily intercourse was intimate and frank. Sometimes we wandered into the pleasant fields of poetry and literature, but never to the neglect of business. He had an advantage that I greatly envied; a splendid memory; could repeat verse after verse, stanza upon stanza, whole cantos almost, from his favourite poet, Byron. It was at the half- yearly meetings of shareholders (they were held half-yearly in his day) that he specially shone, not in his address to them (for that he _would_ persist in reading) but in the after proceedings when the heckling began. This, during his chairmanship, was often severe enough, for owing to unavoidably increased expenditure, dividends were diminishing and shareholders, in consequence, were in anything but complacent mood. Question time always put him on his mettle. Then his mother-wit came out, his lively humour and practical common sense--all unstudied and natural. The effect was striking. Rarely did he fail in disarming criticism, producing harmony, and sending away dissentients in good temper, though some of them, I know, sometimes afterwards wondered how it came about that they had been so easily placated. From 1903 to 1906 several Acts of Parliament affecting railways generally came into force, four of which were of sufficient importance to merit attention. The first, the _Railways (Electric Power) Act_, 1903, was a measure to facilitate the introduction and use of electrical power on railways, and invested the Board of Trade with authority to make Orders for that purpose, which were to have the same effect as if enacted by Parliament. The second, the _Railway Fires Act_, 1905, was an Act to give compensation for damage by fires caused by sparks or cinders from railway engines, and increased the liability of railway companies. It _inter alia_, enacted that the fact that the offending engine was used under statutory powers should not affect liability in any action for damage. Next came the _Trades Disputes Act_, 1906, a short measure of five clauses, but none the less of great importance; a democratic law with a vengeance! It is one of the four Acts which A. A. Baumann, in his recent book, describes as being "in themselves a revolution," and of this particular Act he says it "placed the Trade Unions beyond the reach of the laws of contract and of tort." It also legalised peaceful picketing, that particular form of persuasion with which a democratic age has become only too familiar. Lastly, the _Workmen's Compensation Act_, of 1906, an Act to consolidate and amend the law with respect to compensation to workmen for injuries suffered in the course of their employment, is on the whole a beneficial and useful measure, to which we have grown accustomed.