British Economics

Cover British Economics
British Economics
W R William Ramage Lawson
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The oldest country in the world shares the credit of it with the youngest. India challenges comparison with the United States in scientific railway management. We have been frequently reminded of this before, but we always contrive to forget it again. Sir A. M. Rendel, Consulting Engineer to the Secretary of State for India, recommended ton mile and passenger mile 240 British Economics in 1904.
statistics for use on the Indian railways as long ago as 1868, the very year when the British Parliam
...ent prescribed the archaic form of ac- counts to which our railways have still to adhere. They were actually introduced in 1870, and have ever since formed part of the official reports. Of their practical value let Sir A. M. Rendel speak for himself: It is, in fact, in my humble opinion, not too much to say that the present satisfactory condition of Indian railways is largely due to them, for to them India principally owes the low railway rates she enjoys. They are not more than a third of those current in England.

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