"That it should be declared that the law with regard to increased charges applies to passenger fares and other charges made for the conveyance of traffic by passenger trains."

These proposals are, no doubt, inspired by a genuine desire to protect the public interests; yet the effect of carrying them out would be effectually to destroy the small amount of elasticity that is still left in the relations between the railway companies and the public. If, in addition to having to "justify" the increase of any rate for goods or minerals, the companies were required to run the risk of having to "justify" the taking off of any train they found no longer necessary, or even the slightest increase in any of the now often extremely low railway fares, the result would be to tie their hands still further in the making of experimental concessions, and, in the result, the travelling public, as is the case already with the traders, would stand to lose through a policy nominally designed to protect their interests.

Whatever course may be actually taken in regard to these particular aspects of the question, the trend of events in the railway world will probably be more and more in the direction of continuing the policy of agreements and amalgamations on lines which, while giving the fullest transport facilities to the public, should check wasteful competition and ensure all practicable economy in the matter of working expenses.

That the trade of the country would suffer, in consequence, is hardly to be anticipated. Assuming that three railway companies, who had already agreed as to the rates they would charge, had each been conveying goods between A and B, and that they arranged for the consignments entrusted to all three to be taken in one train by one route, instead of in three trains by separate routes, a clear economy would be effected without any detriment to the traders, since the goods would reach B all the same, while savings in the working expenses should render the companies better able to meet the wishes of traders in other directions.

In regard to the possibility (as already told on page [448]) of an increase in railway rates to enable the companies to meet increases of wages or other betterment of the positions of their staffs, any general increase might well occasion uneasiness, and even alarm, to traders who already find it difficult enough to meet foreign competition, and to whom greater cost of transport might be a matter of no little concern. On the other hand there is an undoubted anomaly in the fact that whilst the burdens on railway companies have greatly, if not enormously, increased of late years, and whilst other commercial companies are free to pass on to the consumer increased costs of production or heavier working expenses, including, especially, a much heavier taxation, the statutory standard for railway companies' rates and charges should still be that of the last day of December, 1892.

A further result of the railway strikes in the autumn of 1911 was to revive the agitation in favour of railway nationalisation. In some quarters it was argued that an effective guarantee against the recurrence of railway strikes would be found in State ownership; but this theory is certainly not confirmed by the actual experiences of Holland, Hungary, Victoria, Italy and France. There is no suggestion that, if the railways were owned by the State, the railwaymen would voluntarily abandon the right to strike; but State ownership is favoured by the Amalgamated Society of Railway Servants (which passed a resolution approving thereof at the annual conference at Carlisle on October 4, 1911), in the expectation (1) that, under these conditions, the unions would be certain to get "recognition"; (2) that they would then be able to bring such pressure to bear on the Government that they would be sure to get what they wanted without having to strike; and (3) that, owing to the economies to which State operation would lead, the Government would be in a position to give the railway workers higher pay and shorter hours. Here, however, the questions arise whether the country would be willing to allow the railway unions practically to control alike the Government and the economic situation; whether the assumed "economies" under State ownership and operation of the railways would really be effected; and whether any such changes in railway service conditions as those that were demanded in the National All-Grades Programme could be conceded even under a nationalisation system without imposing on the railway users greater burdens in the way of higher rates and fares than they might be disposed to tolerate.

On the other hand there is the consideration that if the working expenses of the railway companies are to be swollen to still greater proportions by heavier wages bills, abnormal taxation, public demands for greater facilities, and State requirements in equipment or operation; if, at the same time, the companies are to be subjected to statutory restrictions in regard to the charges they may impose for the services they render; and if, also, the danger of strikes and of outside control or interference is to be increased, the day may conceivably come when transfer of the railways to the State, under, presumably, fair and equitable conditions, would be the only effectual means of relieving the railways themselves from what might then be an otherwise hopeless position.

While the outlook for the future has various elements of uncertainty, and, in regard to matters of detail, gives rise to some degree of concern, a review of the conditions under which trade, industry and communication have been developed throughout the ages leads to the conclusion that the country may, at least, regard with feelings of profound thankfulness and generous appreciation the efforts of that long succession of individual pioneers, patriots and public-spirited men to whose zeal, foresight and enterprise we are so materially indebted for the advantages we now enjoy.

AUTHORITIES

The following books, pamphlets, and reports have, among others, been consulted in the preparation of the present work: