The Groundswell a History of the Origin Aims And Progress of the Farmers Mov
The Groundswell a History of the Origin Aims And Progress of the Farmers Mov
Tative20account20of20farmers20clubs2c20gran
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In the earlier days the cars of one company were not trans ferred to the tracks of another ; consequently the expense and inconvenience of making the change were very great, to ob viate which, a railway clearing-house was established in London by voluntary association of the companies, and was afterward recognized by Parliamentary act of Incorporation, in 1850. One delegate from each company constituted a committee who were empowered to recover all balances due from the companies. It was about ...this time that the tendency to consolidate became alarming. The first railways were very short lines. The one extending from London to Liverpool was owned by three separate companies ; disagreements between the several managements were frequent, to the great inconvenience of the public. "When, therefore, the interests of both the com panies and the public suggested unity of management, Par liament freely bestowed authority to consolidate. As the localities increased in population, additional rail roads were constructed, creating such active competition that the stronger companies found it expedient to buy up their rivals.
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