Steamboats, docks, etc. 5,000,000 Hotels, rents, etc. 5,000,000 ----------- 10,000,000 ----------- Grand Total £129,000,000 =Expenditure.= Maintenance of ways, works, stations, docks, etc. 18,000,000 Traffic expenses 23,000,000 Locomotive and rolling stock expenses 28,000,000 General charges, rates and taxes 12,000,000 ----------- 81,000,000 ----------- =Net receipts= £48,000,000 =========== =Total number of passenger journeys=, including season ticket holders (assuming that each annual ticket represents 200 double journeys per annum only), about 1,620,000,000 Of this total there were first or second class passengers about 160,000,000 That is, about 10% of the total number carried. =The average fare for every journey is therefore 6½d.= In other words, if every passenger paid for every single journey, long or short, the sum of 6½d., then the gross receipts from passengers would be about the same amount as is now received. =Total tonnage of goods= per goods train: Minerals Tons 410,000,000 The receipts as above for these represent =an average of 1/6 per ton.= General Merchandise Tons 114,000,000 The receipts for these as above represent =an average of 6/- per ton.= ----------- Total tonnage per Goods Train Tons 524,000,000 =========== The total receipts for the two kinds of merchandise together =show an average of 2s. 4d. per ton.= Note that the total tonnage of minerals carried is about four times that of general merchandise. The total tonnage may be less than the above, owing to overlapping of the various companies, but for the purpose of my estimates I am taking these official figures. ESTIMATES UNDER PROPOSED SCHEME. (_a_) As to passenger traffic.