The Story of the Cambrian: A Biography of a RailwayGasquoine, C. P. (Charles Penrhyn)
History
The Story of the Cambrian: A Biography of a Railway
Gasquoine, C. P. (Charles Penrhyn)
Cambrian Railway
From Great George Street, the offices were subsequently moved to No. 3,
Westminster Chambers, and soon after Mr. Savin's failure, in 1866, when
the directors took over the working of the line from the unfortunate
lessee, after a short trial of another London office, the Secretary and
his staff, in August of that year, packed up pens, ink, paper and
documents and settled themselves in Oswestry, where they have since
remained. In Oswestry, too, on a site under the Shelf Bank, close to
where the first sod on the Ellesmere and Oswestry line was cut, the works
were erected and have continued to be maintained.
[Picture: Oswestry station and Company's Head Offices. Reproduced from
the "Great Western Magazine."]
On a subsequent occasion, however, they were the ostensible cause of one
of those sudden storms which, as we have said, from time to time assailed
the board-room or even periodical assemblies of the proprietors. On this
occasion it was, indeed, a bolt from the blue. A few days before the
date fixed for the half yearly meeting, at Crewe, in February 1879, there
had been placed in the hands of the shareholders a pamphlet bearing the
innocent title "Cambrian Railways Workshops." But, when they read it,
the recipients discovered that, whatever the reason for the choice of
such a heading, the sermon was founded on a much wider text. It
traversed the whole policy of the Board, the constitution of the Company
and the management of its property, and it was written in highly
censorious terms. That, in itself, might have been of comparatively
little moment, for the directors were not without their critics--no
directors of public companies ever are. But the author, who did not
withhold his name, was Mr. David Davies, constructor of much of the line
and now one of the most influential directors. Here, apparently, was a
matter for serious concern, and the seriousness was not diminished when
to the pamphlet itself was added a speech, at the shareholders' meeting,
in which Mr. Davies did not scruple to suggest that the line was being
expensively worked, that the rolling stock had not been adequately
maintained, that the road was defective and that, some of the stock being
worthless, the whole undertaking was in a false position. It was what
Earl Vane (now become Marquess of Londonderry), who presided, called "a
stab in the dark." The stab in the open with which Mr. Davies followed
it up was certainly not less sensational. He declared that "the line at
the moment was not safe, and he should not be at all surprised to see the
rails sprinkled with human blood before they were very much older." He
alleged that a fellow director (Mr. S. H. Hadley) had expressed a wish to
see the Oswestry shops burnt down and new shops erected at Aberystwyth
instead. The balance-sheet was "an insult." He washed his hands of the
whole affair and demanded a Committee of Inquiry. A hub-bub ensued,
Public-domain text, read in full here on John Shaqi.
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