"Railways add enormously to the national wealth. More than twenty-five years ago it was proved to the satisfaction of the House of Commons, from facts and figures which I then adduced, that the Lancashire and Yorkshire railway, of which I was the engineer, and which then formed the principal railway connection between the populous towns of Lancashire and Yorkshire, effected a saving to the public using the railway of more than the whole amount of the dividend which was received by the proprietors. These calculations were based solely on the amount of traffic carried by the railways and on the difference between the railway rate of charge and the charges by the modes of conveyance anterior to the railways. No credit whatever was taken for the saving of time, though in England pre-eminently time is money. Considering that railway charges on many items have been considerably reduced since that day, it may be safely assumed that the railways in the British Isles now produce, or, rather, save to the nation, a much larger sum annually than the gross amount of all the dividends payable to the proprietors, without at all taking into account the benefit arising from the saving of time. The benefits under that head defy calculation, and cannot with any accuracy be put into money; but it would not be at all over-estimating this question to say that in time and money the nation gains at least what is equivalent to 10 per cent on all the capital expended on railways."

Sir John Hawkshaw, it will be seen, arrived at this result on the basis of the saving in rates and charges and in speed; but one must further allow for those various supplementary services on which the railways enable the traders to effect savings in the carrying on of their business.

Nor have the political and social results of the railway system been in any degree less remarkable than the economic.

Politically, the railway has been a factor in the rise of Democracy.

The construction of railways, by giving employment to large numbers of navvies in various parts of the country, to which they moved freely as occasion required, did much to break down the restrictions to which the labouring classes had so long been subjected under laws of settlement now found to be no longer operative; and this greater freedom of movement, combined with the wider opportunities opened out to them, had effects on the workers far beyond the results accruing to them from an industrial standpoint alone.

Under, again, the influences following on the spread of railways throughout the country, England ceased to be simply a collection of isolated communities, and attained to a greater degree of national life. Better communication helped to make men better acquainted with one another, to broaden their sympathies, to spread a better knowledge of public events at home and abroad and to establish closer links between town life and country life.

Then the railways which rendered this closer communication possible proved to be among the greatest of social levellers. The claims of the third-class passenger were recognised in course of time, in spite of the unwillingness of the pioneer companies to make them due acknowledgment; and the day was to come when the artisan would go by the same express train as the noble lord, arrive at his destination just as soon, and, though not having quite so luxurious a seat, be afforded facilities of travel greater far than those that could once be commanded even by kings and princes. Cheap excursion trains gave to artisan and agriculturist the opportunity of visiting great towns or pleasure resorts to which, in the old coaching days, the well-to-do would alone have thought of travelling. In the same way the advantages of a concentration of life, of thought and of movement in the capital were spread by the easier means of communication to country districts, and brought the population in general into closer touch with the leaders of public opinion. The railways were the greatest disseminators of intelligence through the newspapers or books carried by train or by the post, itself no less dependent, in turn, on the railway for the facilities it conferred on the country. Without the railway a cheap and widely distributed newspaper press, such as exists to-day, would have been impossible.

So the tendency of the railway was not only to advance trade, travel and transport, but to open men's minds, to broaden the intellectual outlook of the artisan and the labourer, to place them more on a level with their social superiors, and to make them better fitted for the exercise of greater political powers.

Socially, too, the railway system constitutes a paramount factor in the national life.

Thanks to the greater facilities the railways afforded for the distribution of commodities, and thanks, also, to the greater division of labour following on the changed economic conditions, there was no need in the Railway Age for householders to practise the same domestic arts that had been more or less obligatory in the case of their forefathers. There was no longer the same necessity for each family to brew its own ale, to bake its own bread and make its own cloth, or to provide stores of salt beef and other supplies in the autumn as if for a winter siege. When the railway enabled the village shopkeeper to satisfy promptly all local requirements, in winter as readily as in summer, the whole conditions of rural life were changed.