The World S First Railway System

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The World's First Railway System

The British railway network was a monument to Victorian private enterprise. Its masterpieces of civil engineering were emulated around the world. But its performance was controversial: praised for promoting a high density of lines, it was also criticised for wasteful duplication of routes. This is the first history of the British railway system written from a modern economic perspective. It uses conterfactual analysis to construct an alternaive network to represent the most efficient alternative rail network that could have been constructed given what was known at the time - the first time this has been done. It reveals how weaknesses in regulation and defects in government policy resulted in enormous inefficiency in the Victorian system that Britain lives with today. British railway companies developed into powerful regional monopolies, which then contested each other's territories. When denied access to existing lines in rival territories, they built duplicate lines instead. Plans for an integrated national system, sponsored by William Gladstone, were blocked by Members of Parliament because of a perceived conflict with the local interests they represented. Each town wanted more railways than its neighbours, and so too many lines were built. The costs of these surplus lines led ultimately to higher fares and freight charges, which impaired the performance of the economy. The book will be the definitive source of reference for those interested in the economic history of the British railway system. It makes use of a major new historical source, deposited railway plans, integrates transport and local history through its regional analysis of the railway system, and provides a comprehensive, classified bibliography.
Nothing Like It In the World

Author: Stephen E. Ambrose
language: en
Publisher: Simon and Schuster
Release Date: 2001-11-06
The story of the men who build the transcontinental railroad in the 1860's.
China

Author: Gordon Edgar
language: en
Publisher: Artist's and Photographers' Press
Release Date: 2008
China was the last country in the world to build steam locomotives. The final main line engines emerged from Datong workshops in December 1988 and production of steam locomotives for industrial use continued until 1999. The final few steam locomotives were withdrawn from service in 2003, making China the last country to use steam on its main lines. Total eradication of China's steam programme is set to coincide with the Olympic games in 2008. When this happens, it will be the end of the last mecca for fans of real steam. This is a photo essay detailing the end of this era.