The keepers of the horse stations may contract each for the supply of horses required at his station at —— per mile.
In disposing of the shares, a preference to be given to those who would make frequent use of the coaches, especially to those who travel to London daily, as their influence would materially promote the interests of the concern.
A personal right to go to or from town daily, by the same coach, to be sold for a period, say a week, at a considerably reduced rate, or a month at a still lower rate.
Proprietors to be entitled to similar privileges at five per cent. less than others.
Transferable tickets, giving the holder a right to travel by any coach in either direction on a particular road, to be sold (say twenty at a time) at a slightly reduced rate.
All the carriages to be painted alike, and so as readily to distinguish them from those not belonging to the Company.
An establishment on an extensive scale, such as is described in the foregoing sketch, would possess many decided advantages over the little independent establishments now existing. It would be more economically managed; the necessary publicity would be more easily given to its arrangements; the responsibility of the servants would be more efficient; and the extent and permanence of the undertaking would justify the most watchful attention to exact punctuality, to a proper speed, to the safety and comfort of the passengers, and, in short, to all circumstances conducive to a high reputation with the public.
Economy.—This would manifestly result from the great division of labour, and the wholesale demand for every article of expenditure. Also from the power of transferring coaches from any road on which there was less to one on which there was more travelling than usual.
The system of contracts and sub-contracts could not be introduced with advantage into a small concern.