The Leicestershire coalowners regarded these proposals with great uneasiness. They were then supplying Leicester with coal conveyed there by waggon or packhorse from the collieries on the other side of Charnwood Forest, and they foresaw that the proposed navigations would give the Derbyshire and Nottinghamshire coalowners a great advantage over them in the Leicester market. They accordingly offered a strong opposition to the schemes, and persisted until the projectors of the Loughborough Navigation undertook to make that Charnwood Forest Canal which, with its edge-railway at each end (see page [220]), would connect the Leicestershire coal-fields at Coleorton and Moira with Leicester, and so allow of the threatened competition from the north of the Trent being duly met.
The Loughborough Navigation and its Charnwood Forest extension were completed in 1798; but in the succeeding winter the Charnwood Forest Canal burst its banks, and the damage done was never repaired, the Loughborough Navigation trustees (who, though forced to construct the canal, did not consider themselves obliged to maintain it) finding it to their advantage, from a traffic point of view, to enable the Derbyshire and Nottinghamshire coalowners to have a virtual monopoly on the Leicester market. It was under these conditions that the Loughborough Navigation shares advanced, by 1824, from their original value of £142 17s. each to no less a sum than £4700.
The local waterway interests maintained their supremacy and were, indeed, complete masters of the situation for over thirty years; but the days of their 200 per cent dividends were then numbered. Influenced by what the traders of Liverpool and Manchester were doing to fight the canal and river monopolists there, the Leicestershire coalowners got, in 1830, an Act of Parliament authorising them to build a railway from Swannington to Leicester. This line would give them the facilities they wanted for their coal; but it was to be a "public," and not merely a private, railway. By one of the clauses of the Act it was provided that "all persons shall have free liberty to use with horses, cattle and carriages the said railway upon payment of tolls." These tolls were arranged alike for passengers and for goods and minerals, and they varied according to whether the travellers and traders provided their own conveyances or used those of the railway company. In the former case passengers were to pay twopence halfpenny each per mile, and in the latter case threepence per mile, the tolls for goods and minerals being in like proportion. In a later Act, however, passed in 1833, it was declared that "whereas the main line hath been constructed with a view to locomotive steam engines being used, it might be very injurious to the said railway and inconvenient and dangerous if horses or cattle were used," and the rights thus granted to the public under the first Act were now withdrawn.
Opened in 1832, the Leicester and Swannington Railway restored to the Leicestershire colliery-owners the advantage in the Leicester market of which the canal companies had enabled their north-of-the-Trent competitors to deprive them for so many years; and it was now the turn of the Nottinghamshire and Derbyshire coalmasters to consider what they should do to meet the new situation which had arisen. They first had conferences with the directors of the Loughborough, Erewash and Leicester Navigations, and sought to induce them to grant such reductions in tolls as would enable them to compete with the Leicestershire coal, now that this was no longer shut out from Leicester by the dry ditch in Charnwood Forest. But the only concessions the canal companies would make were regarded as wholly inadequate by the Nottinghamshire coalmasters, who, meeting at a little inn at Eastwood, on August 16, 1832, resolved that "there remained no other plan for their adoption" than to lay a railway from their collieries to the town of Leicester. They formed a Midland Counties Railway Company, obtained an Act, built their line, and so laid the foundations of the great system now known to us as the Midland Railway. Into that system the Leicester and Swannington was absorbed in 1846.
The position to-day of the waterways which for thirty years controlled more or less the transport conditions of the three counties in question, brought great wealth to their owners, and, by their sole regard for their own interests, forced the traders to resort to railways, is shown by the Fourth or Final Report of the Royal Commission on Canals and Waterways. From this one may learn that the Loughborough and Leicester Navigations, which follow the course of the Soar, are liable to floods and are, also, sometimes short of water, in consequence of the want of control over the supply of water to mills; and although, with the Grand Junction Canal, they offer "the most direct inland water route" to London for the traffic of Derby, Nottingham and Leicester and of the large coal districts, they serve at present, adds the Report, but an insignificant part of the traffic which travels by this route.
In effect, the very efforts made by the canal companies to preserve the monopoly they had so long and so profitably enjoyed were only a direct means of encouraging railway expansion; though few great institutions, destined to lead to a great social and economic revolution, have established their position in the face of more prejudice, greater difficulties, and less sympathetic support from "the powers that be" than was the case with the railways.
The traders of the country were naturally favourable to them, since the need for improved means of communication, following on the ever-expanding trade and industry of the land, was becoming almost daily more and more acute. But the vested interests, as represented alike by holders of canal shares, by turnpike road trustees and investors, and by the coaching interests, were against the railways; the Press of the country was to a great extent against them; leaders in the literary and the social worlds either ignored or condemned them; landowners first opposed and then blackmailed them; Governments sought to control and to tax rather than to assist them; and then, when the railways had proved that they were less objectionable than prejudiced critics had assumed, and were likely even to be a source of profitable investment, they were boomed by speculators into a popularity that led both to successive "railway manias" and to the whole railway system being still further burdened with an excessive capital expenditure which has been more or less to its prejudice ever since.
Some of the early denunciations by those who would have considered themselves, in their day, to be leaders of public opinion, if not of light and learning, afford interesting examples of the hostility which railways, in common with every innovation that seeks to alter established habits and customs, had to encounter.
In the article published in the "Quarterly Review" for March, 1825, in which proposals for making railways general throughout the country are condemned as "visionary schemes unworthy of notice," it is further said in reference to the Woolwich Railway:—
"It is certainly some consolation to those who are to be whirled at the rate of eighteen or twenty miles an hour, by means of a high pressure engine, to be told that they are in no danger of being sea-sick while on shore, that they are not to be scalded to death, nor drowned by the bursting of the boiler; and that they need not fear being shot by the scattered fragments, or dashed in pieces by the flying off or the breaking of a wheel. But, with all these assurances we should as soon expect the people of Woolwich to suffer themselves to be fired off upon one of Congreve's ricochet rockets as trust themselves to the mercy of such a machine, going at such a rate. Their property they may, perhaps, trust; but while one of the finest navigable rivers in the world runs parallel to the proposed railroad, we consider the other twenty per cent which the subscribers are to receive for the conveyance of heavy goods almost as problematical as that to be derived from the passengers. We will back old Father Thames against the Woolwich Railway for any sum."