The Elements of Railway Economics

Cover The Elements of Railway Economics
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It is interesting to note, as showing how entirely separate the businesses of road- owner and carrier were considered to be in those early days, that an Act of the Liverpool and Manchester Company in 1828 provided that, for the purpose 'of CLASSIFICATION 107 forming an establishment for the carriage of goods,' a separate fiind of £127500 should be raised ; that the accounts of this department should be kept separate, and separate dividends be made in respect thereof.
The Manchester and Liverpoo
...l was to carry on, not one busuiess, but three. It was to take tolls for the use of the road (1) by goods, and (2) by passengers. Further, it was to act as a common carrier of both on its own road. So it needed to have not one but three schedules of authorized charges. The first is the familiar : — Tonnage Eates. per ton per mile.
For all limestone ..... Id.
For all coal, lime, dimg, compost, manuxe, and material for roads ..... l^d.
For all coke, culm, charcoal, cinders, stone, sand, clay, building, paving and pitching stones, flags, bricks, tiles and slates .


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