The Development of the British Railway System Before 1914
This book is concerned primarily with the economic problems of Britain’s railways during the last half century or so. Since 1914 the railways have suffered from ever increasing financial stringency, and the efforts made to reverse this trend have led, particularly in recent years, to considerable changes in the structure of the railway system and the pattern of railway services. Most of the policies adopted have failed miserably in so far as they have not brought about any material improvement in the financial condition of the railways.
KeywordsNineteenth Century Price Policy Excess Capacity Railway Network Rolling Stock
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