Worcestershire in the Nineteenth Century: A Complete Digest of Facts Occuring in the County since the Commencement of the year 1800Turberville, T. C.
History
Worcestershire in the Nineteenth Century: A Complete Digest of Facts Occuring in the County since the Commencement of the year 1800
Turberville, T. C.
Worcester (England) -- History
THIS is the only railway which has yet been completed in this county, and
it was promoted chiefly by parties living at the termini, who made it
their only object to carry it in as straight a line as possible from
point to point, with very little reference to the convenience of the
towns by the way. If the shareholders could have foreseen the disastrous
influence of such a policy upon their own funds, they would certainly
have taken a different course, even though they felt no interest in the
prosperity of the places which they so much injured by passing at
considerable distances. The scheme was first projected in 1834, and the
directors obtained their act on their first application to Parliament in
1836; the line was opened from Cheltenham to Bromsgrove, in June, 1840,
and throughout the whole distance on the 17th of December in that year.
The share capital subscribed was £1,142,125, to which £380,076 was
afterwards added of money borrowed on debentures, &c. Though the line,
except at the Lickey, presented no engineering difficulties, and was
cheaply constructed, yet the rate of profit was very small; and in
October, 1842, the £100 shares were quoted as low as 41. In January,
1845, it was amalgamated with the Bristol and Gloucester Line; and in
1846, when the broad and narrow gauge interests were each making such
struggles for the ascendancy, the Midland Company entered into an
arrangement to lease the line for 999 years, paying 6 per cent. upon the
capital. The Great Western bid 5½ per cent., but would go no higher.
This undertaking was first introduced to the notice of the citizens of
Worcester at a public meeting held on the 15th of January, 1834. The
Company were at this time about to determine upon their route, and had
two plans before them—the one eventually adopted _viâ_ Cheltenham, and
another that was to have come by way of Stourbridge, Kidderminster, and
Worcester; the former was marked out by Mr. Brunel, the latter by a Mr.
Wooddeson. In consequence of this state of things some gentlemen had
formed themselves into a provisional committee with a line of their own,
and Messrs. Gwinnall and Hughes, the solicitors employed, procured the
calling of this meeting, in the Guildhall, Worcester, with the Mayor, W.
Dent, Esq., in the chair. The committee laid their plans, in the rough,
before the meeting, and asked a vote of sanction and support from the
meeting. Sir Anthony Lechmere wanted no railways at all. Major Bund and
Mr. Gutch proposed a month’s adjournment. But a resolution to stand by
the committee, and to approve of no railway but one which came right
through Worcester, was passed by a large majority. The Grand Connection
Railway project took its rise from the suggestions of this committee.
Public-domain text, read in full here on John Shaqi.
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