“Under this title Mr. Grierson publishes an exhaustive, able and
dispassionate _resumé_ of all the conflicting statements, claims,
and interests verging round the much vexed question of Railway
Rates.... We have drawn freely on the materials which Mr Grierson
has so seasonably brought together, and we can only hope that the
many who take an interest in the question will thereby be tempted to
seek the further information at first hand.”--_Herapath’s Journal,
December 11th, 1886._
“No doubt he will fail to satisfy all who believe that the present
rates require revision, but he must convince every reasonable
person--everybody who is not blinded by ignorant prejudice--that
there is a great deal to be said on behalf of the railway
companies.”--_Figaro, December 25th, 1886._
“This is not an attempt to prove that all is for the best in the
best possible of railway systems; but simply to shew that some of
the charges brought against the companies are erroneous, others
exaggerated, and many of a contradictory character. We are further
reminded that the question of reform is extremely complicated, and
warned against that ‘vague, uninstructed notion’ that ‘something
must be done,’ which has been the bugbear of statesmen as well as
directors. Hasty legislation should the more be deprecated that
there is ‘a fashion in so-called railway reform’.... As to details,
Mr. Grierson certainly brings out a number of facts which make for
caution in drawing conclusions. Thus the figures quoted on pp.
144-48 seem to offer reasonable evidence that the exportation of
iron and coal is not prejudiced by the railway rates charged in
England as compared with those charged abroad.... Another fact to
be borne in mind: the average dividend on English railways amounts
to no more than 4·02 per cent., or two-fifths of the dividend which
in 1844 it was considered the railways should pay.”--_St. James’s
Gazette, January 1st, 1887._
“His figures have been procured from many sources at home and
abroad, and they are so handled as to afford very material support
to the case of the British Companies. As a defence of these
companies Mr. Grierson’s book is by far the best statement of
that side of the question which has appeared, consequently it is
entitled to respectful and serious consideration at the hands of
those who are not counted amongst the thick-and-thin partisans
of such companies as at present managed. In saying this, we do
not desire to convey the impression that Mr. Grierson’s facts and
figures represent solely _ex parte_ advocacy of the companies; on
the contrary, the book contains a large amount of information as to
foreign rates, which has not previously been succinctly presented to
English readers.”--_Ironmonger, December 26th, 1886._
Public-domain text, read in full here on John Shaqi.
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