From all that has been stated, it will be apparent that, with our present knowledge, considerable inclines are fatal to the profitable performance on a railway, and even small inclinations are attended with great inconvenience.[29]

(97.) To obtain from the locomotive steam engines now used on the railway the most powerful effects, it is necessary that the load placed on each engine should be very considerable. It is not possible, with our present knowledge, to construct and work three locomotive engines of this kind, each drawing a load of 30 tons, at the same expense and with the same effect as one locomotive engine drawing 90 tons. Hence arises what must appear an inconvenience and difficulty in applying these engines to one of the most profitable species of transport—the transport of passengers. It is impracticable, even between places of the most considerable intercourse to obtain loads of passengers sufficiently great at each trip to maintain such an engine working on a railway.[30] The difficulty of collecting so considerable a number of persons, at any stated hour, to perform the journey, is obvious; and therefore, the only method of removing the inconvenience is to cause the same engine which transports passengers also to transport goods, so that the goods may make up the requisite supplement to the load of passengers. In this way, provided the traffic in goods be sufficient, such engines may start with their full complement of load, whatever be the number of passengers.

(98.) In comparing the extent of capital, and the annual expenditure of the Liverpool and Manchester line, and adopting it as a modulus in estimating the expenses of similar undertakings projected elsewhere, there are several circumstances to which it is important to attend. I have already observed on the large waste of capital in the item of locomotive engines which ought to be regarded as little more than experimental machines, leading to a rapid succession of improvements. Most of these engines are still in good working order, but have been abandoned for the reasons already assigned. Other companies will, of course, profit by the experience which has been thus purchased at a high price by the Liverpool Company. This advantage in favour of future companies will go on increasing until such companies have their works completed.

A large portion of the current expense of a line of railway is independent of its length; and is little less for the line connecting Liverpool and Manchester, than it would be for a line connecting Birmingham with Liverpool or London.

The establishments of resident engineers, coach and wagon yards, &c. at the extremities of the line, would be little increased by a very great increase in the length of the railway; and the same observation will apply to other heads of expenditure.

It has been the practice of the canal companies between Liverpool and Manchester to warehouse the goods transported between these towns, without any additional charge beyond the price of transport. The Railway Company, in competing with the canals, were, of course, obliged to offer like advantages: this compelled them to invest a considerable amount of capital in the building of extensive warehouses, and to incur the annual expense of porterage, salaries, &c. connected with the maintenance of such storage. In a longer line of railway such expenses (if necessary at all) would not be proportionally increased.

(99.) The comparison of steam-transport with the transport by horses, even when working on a railway, exhibits the advantage of this new power in a most striking point of view. To comprehend these advantages fully, it will be necessary to consider the manner in which animal power is expended as a means of transport. The portion of the strength of a horse available for the purpose of a load depends on the speed of a horse's motion. To this speed there is a certain limit, at which the whole power of the horse will be necessary to move his own body, and at which, therefore, he is incapable of carrying any load; and, on the other hand, there is a certain load which the horse is barely able to support, but incapable of moving with any useful speed. Between these two limits there is a certain rate of motion at which the useful effect of the animal is greatest. In horses of the heavier class, this rate of motion may be taken on the average as that of 2 miles an hour; and in the lighter description of horses, 2-1/2 miles an hour. Beyond this speed, the load which they are capable of transporting diminishes in a very rapid ratio as the speed increases: thus, if 121 express the load which a horse is able to transport a given distance in a day, working at the rate of four miles an hour, the same horse will not be able to transport more than the load expressed by 64, the same distance, at 7 miles an hour; and, at 10 miles an hour, the load which he can transport will be reduced to 25. The most advantageous speed at which a horse can work being 2 miles an hour, it is found that, at this rate, working for 10 hours daily, he can transport 12 tons, on a level railway, a distance of 20 miles; so that the whole effect of a day's work may be expressed by 240 tons carried 1 mile.

But this rate of transport is inapplicable to the purposes of travelling; and therefore it becomes necessary, when horses are the moving power, to have carriages for passengers distinct from those intended for the conveyance of goods; so that the goods may be conveyed at that rate of speed at which the whole effect of the horse will be the greatest possible; while the passengers are conveyed at that speed which, whatever the cost, is indispensably necessary. The weight of an ordinary mail-coach is about two tons; and, on a tolerably level turnpike road, it travels at the rate of 10 miles an hour. At this rate, the number of horses necessary to keep it constantly at work, including the spare horses indispensably necessary to be kept at the several stages, is computed at the rate of a horse per mile. Assuming the distance between London and Birmingham at 100 miles, a mail-coach running between these two places would require 100 horses; making the journey to and from Birmingham daily. The performance, therefore, of a horse working at this rate may be estimated at 2 tons carried 2 miles per day, or 4 tons carried 1 mile in a day. The force of traction on a good turnpike road is at least 20 times its amount on a level railroad. It therefore follows, that the performance of a horse on a railroad will be 20 times the amount of its performance on a common road under similar circumstances. We may, therefore, take the performance of a horse working at 10 miles an hour, on a level railroad, at 80 tons conveyed 1 mile daily.

The best locomotive engines used on the Liverpool railway are capable of transporting 150 tons on a level railroad at the same rate; and, allowing the same time for stoppage, its work per day would be 150 tons conveyed 200 miles, or 30,000 tons conveyed 1 mile; from which it follows, that the performance of one locomotive engine of this kind is equivalent to that of 7500 horses working on a good turnpike road, or to 375 horses working on a railway. The consumption of fuel requisite for this performance, with the most improved engines used at present on the Manchester and Liverpool line, would be at the rate of eight[31] ounces of coke per ton per mile, including the waste of fuel incurred by the stoppages. Thus the daily consumption of fuel, under such circumstances, would amount to 15000 lbs. of coke; and 2 lbs. of coke daily would perform the work of one horse on a good turnpike road; and 40 lbs. of coke daily would perform the work of one horse on a railway.

In this comparison, the engine is taken at its most advantageous speed, while horse-power is taken at its least advantageous speed, if regard be only had to the total quantity of weight transported to a given distance. But, in the case above alluded to, speed is an indispensable element; and steam, therefore, possesses this great advantage over horse power, that its most advantageous speed is that which is at once adapted to all the purposes of transport, whether of passengers or of goods.