In the first place allowance must be made for the several economies in management occasioned by the amalgamation of the whole railway systems in one and with the Post Office as already mentioned, and of which the following is a brief list, viz.:—

Abolition of,

(a) The Clearing House,

(b) Separate boards of directors and clerical staffs,

(c) Legal and Parliamentary expenses,

(d) Advertisements,

(e) Book-keeping, printing and booking clerks now required for differential fares and rates.

Economies by avoiding,

(a) Competing Receiving Offices, Post Offices or stations in same localities,

(b) Competing trains,