FREE BOOKS

Author's List




PREV.   NEXT  
|<   298   299   300   301   302   303   304   305   306   307   308   309   310   311   312   313   314   315   316   317   318   319   320   321   322  
323   324   325   326   327   328   329   330   331   332   333   334   335   336   337   338   339   340   341   342   343   344   345   346   347   >>   >|  
staff of 11,587 persons, employed upon works which have been variously described as 'works worse than idleness;' by the yeomanry of Ulster as 'public follies;' and by the Inspector of the Government himself, Colonel Douglas, as 'works which will answer no other purpose than that of obstructing the public conveyances.'" The calamity was great, but he did not, he said, despond. "We, who at one period of the war were expending, upon an average, for three years, L103,000,000 sterling a-year, will not be downhearted at having to provide for a deficiency and for a disaster that may be estimated at L10,000,000." He quoted the two Commissions above referred to, and said that railway Acts had been passed for 1,523 miles of railway, whilst at the moment he was speaking only 123 miles were completed, 164 miles being in course of construction. There must, he thought, be some weakness in Ireland up to this, as 2,600 miles of railway had been constructed in England and Scotland, and Acts passed for 5,400 miles more--8,000 miles in all. The denseness of population, said his lordship, is in favour of Ireland as against England and Scotland. "But, Sir," he continued, "perhaps you will tell me this may be a very good argument as far as population is concerned, but what is the use of population if they have no means of paying for their conveyance by railways? Sir, my friend, who sits beside me (Mr. Hudson) will tell you that in all railway speculation population is held to be the first element of success--property second," He then went on to show that the traffic upon the Irish railways already opened, was greater than upon the English and Scotch lines. This argument met the assertions of some persons, who said that if money were advanced to make Irish railways they would never pay; and it would be asked, if they are paying, why not have them done by private enterprise? Lord George confessed that he could not answer this question satisfactorily, but English capitalists would not come forward, partly, he thought, through distrust, and partly through ignorance, whilst the calamity of the Famine had, of course, a great effect in preventing the small amount of Irish capital which did exist from coming forward. The prejudice which English capitalists had against investing in Irish undertakings, is strikingly illustrated by a fact stated by Lord George in the course of his speech. It was this: the Great Southern and Western Railway of Ireland
PREV.   NEXT  
|<   298   299   300   301   302   303   304   305   306   307   308   309   310   311   312   313   314   315   316   317   318   319   320   321   322  
323   324   325   326   327   328   329   330   331   332   333   334   335   336   337   338   339   340   341   342   343   344   345   346   347   >>   >|  



Top keywords:
railway
 

population

 

Ireland

 

English

 

railways

 

capitalists

 

persons

 
England
 

whilst

 
thought

paying

 

passed

 

Scotland

 

George

 

partly

 
answer
 

calamity

 
argument
 

public

 

forward


property

 
friend
 

conveyance

 

opened

 

greater

 

Hudson

 

Scotch

 
success
 

speculation

 

element


traffic
 

enterprise

 
coming
 

prejudice

 

capital

 

amount

 

Famine

 

effect

 

preventing

 

investing


undertakings

 

Southern

 

Western

 
Railway
 
speech
 

strikingly

 
illustrated
 

stated

 

ignorance

 

distrust