On this page
-
Text (3)
-
' <B [. . OXU;.ej-g 08 ; »_at liaB-AjUBM...
-
. . OXU; , AWOBD TO OUR TOURISTS. Bt thi...
-
HALLWAY MANAGEMENT AND :. .-;.ii ' REVEN...
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
-
-
Transcript
-
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
Additionally, when viewing full transcripts, extracted text may not be in the same order as the original document.
' <B [. . Oxu;.Ej-G 08 ; »_At Liab-Ajubm...
' < B [ . . OXU ; . ej-g 08 »_ at liaB-AjUBM Nd ^ iS ^ &&&&&&& *
. . Oxu; , Awobd To Our Tourists. Bt Thi...
, AWOBD TO OUR TOURISTS . Bt this time a multitude bf our upper clashes , and not a fewr of the middle classes too , are © itf the Continent . They will probably firstspend a week in Paris , tortoring the nerves of i > keh !& mpeKid i < aRTyiwSrftttog : - ' bher Eng-_ si £ _ t __ tossador , iana sityjjikyiftg subjects for _^ ri € at _ i 4 e 3 ^—not , alaa ! to the Cfiarivdri , hilt perhaps to some English humonrist who has not yet grinned delight afc the ' door of ImperialgreaihedB . A « er the tribute to the entente cor Male , the Rhine , Switzerland , and
Italy will receive their annual ahoala . We ^ wish that abdut three ^ fourtbs bf these tourists would remember ^ for their own sake and the credit <> f their country , that touring through beautiful sceneryor places of historic miterest is an intellectual pleasure , and can anly be dnjoyed by people of some refinement offeefing- and some cultivation of mind . _ fc great deal of money would be safed which cannot convenientlyj perhaps not honestly , be spent , and the real tourist , the man of
taste and cnlta * a'feidii , wonld be seated many a painful scene and much that mars and alinosfr- ^ destroy * his pleasure . ' We do not want to confine touringto the ricli—we are exe ^ diaijglyglad that it is i & ot eonfinecl to the " in \ t >_ t tve da-wish' ^ o confine it to the educated , because the educated alone can derive * from it _ ny real benefit or enjoyment . The mind finds everywhere that which it brniffs . ** ? I ? o Newton and Newton * a dog , "
_ & ys GABlfTLE , " what a different pair of universes f Yet \ $ he linage bn the retina of both was the js _ me . * OBui ; SFewton ' b dog ^ d ^ dt expect the 3 tars fo make him astronbmical ^ asr 'buV ' tourists ' ^ xjiect tke i _ L $ ps tb Wa ^ e ' feni Weninne ^ at ; Oan yb < i feel a # m _ feet ^ ~ Then ' you-may feel scenery . Have J yoii ! a - ia _ ste for history ? Then you may -appreciate historic p laces : If ydu have no senttTneiifc anil . have read nothing , or read irip ^ hmg but y ^ onr s < jhool-bobks and the newspaperi » Ci * ; ^ in Vaiti that- " you < ' post through 'Eurbne , '" ^ JVfitrraV' * - in - handl seeing kll the JUUIUUV ) , _ LJJL * U Jl AY -IJLi AJMIVAU ^ MVVIU ^ M ** *«* --v {
'ortfcoftbi tnmg & HxH br fine ; by day or ffi "night ; tb . isa ^ ybuhave seen them . In -vain ; ' you do jour Shine , your ' Alps > ¦ your -Goino ^^ ottr Venice ; jimr Oapitibl ~_ o > your Parthenon even , or your Pyramids --- you & mie ttfck ^ great 7 deal poorer , arid - _« yt \& bit D ^ ter than you set . out . . Better in no way , ftbt even : in health . " In having hd real intel-Secfcal interest , you think of nothing but . ^ he table * d ' n 6 te , and the miscellaneous elating ; 'drjrikrng ' cQuntfet-Ctr the _ benefit Iriiich H / oili' Wealth ' migWt derive ^ om'ffie increase of ^ keri & seV ' : ' 111 : w ' . - " - ¦"• " ¦ : •¦; ¦ ¦ ¦ *¦¦ ¦ ¦ - ¦/¦> ¦
' "' It is difficult to say ( wh y touring is so -fdVourit ^ an ftm iiSfetn ent with Englishmen , -w-iether intell € Jctual or ' noti Oar insular jwfeitibn , r ^ Ircilfabl ^' , - reacts upon ' usj stim „ - ^ kUxig bur ietiribsity to visit the Continent . * h ^ middle cljisses ape 4 lie higher' Wealth , w ^ ttip tffe ^ ork or' sertse- ' of Muty , finds it ¦ bleAsfciJtet " . to lounge' away life abroad than ' at' home , fteeil ' ffrdm ^ tlre reaWamts of Eng * iishs ^ cietyi ' a ^ d' enjoying f 6 r t \ U time the ; rights of property ^ wit / Hbat the atatioynrice of its' cWfcies . flttt ' . there hpatiit be ' a reatlessneBS 1
in ' the''IBrfglish ' 'teni ^ eranTtent , begbist ^ n perhaps ' partly "W the ' nniious and ineejaattilt kinHJiihV'bf Mitt ' , ti ^ ich rendeiatJhe whirl'and aJstj ^ a ' cttori ^ of ' tkvBlling ^ b ' ' grateful : - ' •! A certaitt tJbttM liaeil % ht- oaytliat DS 4 igli «( hwttx always ^ eelfte ^ d io ' MiA ' tb bomb ^ thertt notto ttee < " > iJh 6 "XJa [ k &' , bttt 'td clatbh th ^ ektwiierk r'Aiidt fid ifcCiia , 'They J ) 6 a « ' atonft' ftk Jf' they e _ i-• We ^ teti ; bj ^ ' tttWfelling' fast' J euc > g » i / ' I * ^ rtm 'Wai 'frfdhV' thfeiiid ^ lV § 9 . J ! 1 j _ e # 't 4 lem takip *^ lesson from thfe ^ MegWtttib Crbntinttnta'l , WhbBe ^ ari ^ f ^ Wgy Vh ^ y fdeapiaeVbtit wlibfftt i ^ uie ^; ' aiid torit ^ nfc ^ d jtAhd li « 6 ' nsfcfeHgth lof jka ' own e W 4 iH M . to"taofc , 'ftn'd ^ tatitea '/ whatJthG ( y 1 ' 6 ltt ^ oil ^ te ; I th ^ Wcatiurea of . repbtiei ii > ¦¦ ¦ ¦ " i I
- In three cases but of four ,- tho < best-advice to persons about to make tours would be that which -Bunch gave tb' persons about to marry ^ - _ % n / . But if they will go they may at least forbear to make their country odious and ridiculous ;; ' though - ¦ they cannot benefit themselves . They may learn ¦ a little of the
language before they start , ; sb as not to be enturely reduced to paritominiie gesture . They may learn , inspect for the people among whom they are ^ and avoid parading- the Englishman abroad " as they affect the foreigner at home ' . They may remember the trouble their helplessness and their strange habits give , and learn to be civil to those who attend on
them . They may try to hide their selfish arrogance ; if they cannot get rid of it . Then we will forgive them for wasting their own money . ' ¦¦ ¦¦ - / j i : ; - ; -:- ¦• • . ¦ •¦• . ¦ .-.
Hallway Management And :. .-;.Ii ' Reven...
HALLWAY MANAGEMENT AND :. .- ; . ii ' REVENUE .: ^ •' ¦ *? y - A iaeqe amount of railway property i » at present in a state which tnust challenge tlite attention of many people to its management , and we may tell shareholders that they ate at present paying the penalty of violating certain ¦ principles of government and economy . Many men of businea ^ we know-, % ill assure them that they are losing their money befmiAA fcVww have not chosen directors who are cause they have not chosen directors who are
sufficiently vigilant , officers whb are not properly economical ; and tnat is true , but not in the sense' in which the words are used At the meeting of the North-Western Ballway Company items in ! the account were pointed' out as proving that directors had been too lavish , or that they-did no £ watch their outgoings with sufficient . care . - Ii is objected that the large railways arrange loans in the Board Boom * and so i pay 4 ^ or 5 per cent , where , if they were to advertise
for tenders in 'the more « om _ abn and humble way , they might obtain the money at 4 ^ per cent ? . ¦ Thi & oia ^ a lban of ¦ 1 ^ , 000 / ., av hich the © reat Western contracted in' order -to carry out a particular extension , would make a difference of 4750 / ., ot £ 50 € > # . ^ iu tho outlay ; but not one-tenth of tbe dividend 4 ost ! to the shareholders , which is occasioned by the whole outlay of the 1 , 900 , 000 ^ Those who have property in the company have a perfect rig ht tb ask whether , that outlav was justified at t ill . " ' ' ¦ ' ¦ ¦¦ ¦• ¦ ¦¦ '¦ ' ¦ " - ¦ " ¦ ••• : - ¦ ' ' ¦ -
' There is another species of' extl-avagnntco of which the directors fittyc been guilty ; it is extraVagauee in the livesr atid liiiibs of her Majesty ' s lieges i and' xm & er the- < law ofooiriperisatibn this may be a heavy item if railway ihanagers are not careful . ' Th ' o cbMpensation awarded to the parties injured by .
the'Groydbn accident , amounted ' -to 18 , 000 / i , of wliich tho Brighton Company had to ¦ ipay 85 per cent ., nnd the' South-Eastern 15 ; each cpmpany had to , pny half thp : ' expehseB of tho 'arbitration ^ 4-50 / . ; and the damage to its own rolling stock , ' raising the sum considerably above 20 , 000 / . ' This is much more than the difference in interest for loans * But istill
it' i & ' not the \ Vholo cost . The traffic htta Ml _ ti off cm the line arid although'that may 'lie accounted fov in part 1 by J tho cbmple ^ ion # f works , by the s e vere ' ' wdather , or the double 'inebmeftax' 'during the w ar * -it iff ihoroiithwn prabahlQ that ' the fr'ightfal scene 'enacted' at Crttydbn lias kept tra-ffic off tho line . ' m 11 The riretertce" that witt ! and "^ atagnution * 6 f
trade" ^ becnWimi'the" decline m > owilwaV dividendfe ^ wei'have aliend ^ ^ hbsvn ' to'rbe-obeufd . Itr 'mbet ' caaed ^ even' 'in . ' Hftxtoav- oi ' » th _« Hmos- 'A 6 dtfribtislyd-magodi'tHe gi' 0 fe # feafiii » e » 6 f ' ilftd rai & wtilfa 1 hkwe beto dhniniwheld buVi hlightly , ' if * Vb alii 'bb tho jBrightdu lino , the t ? ' « irio has not' i declined upon- 'phetf yonvs ^ - buvb- ' onlyi iin vomptitlkon < with itho ^ groaiblytindroased traffi ^ ot ? thte ' laat ^ VefWfi' OA mobtjo ^ tlMf oh | e £ / liti 8 S (
the goods ti'affic has actually increased ^ which alone would disprove'the * ullbged to ( stagnation of trade . " , The true oausea whieh > ihave xmi away with railway ) dividends are > moafcnakedly confessed in-the most glaring instance of de ^ oliiiG ~ iu the < Great ^ Western . ? There ifae extension bf ¦ tho Wbrce ' steri ; Birmingham , and ; Wdlverhampton line ; accounts i . fop ' -V && per cent , gone ; the" guaranteed ) dividends to
the nnsuccessfui Shrewsbuiyrlines' account far the other bne per centi ¦ i Out of every lOOi ! . that a man \ Vas 'recseiviwg ; for his prjoi perty > invested in » ¦ thei ¦ Gireafct Western Railway last year , ho ha * now irat'SOi ., not be * cause companies have beenj gi ^ mg : » little too much per cent , for ioans , but -because they have been indulging in cfighting ; extensions and'fighting-lilies ' . - ; ? •' ' v ;•
In many i of these tjnses the outlay is necessarily a loss , for a time at'leasti if not for an indefinite peridd ; > but it almost always happens that thp company irl-ich undertakes extraneous workj in th « nature , of an extent sion or a guarantee , is ; "venturing ^ _ pon a ground not included in its original design , and that it must ' be less familiar i with the ground than the coriipariy superseded was . JPritnd facie , it is probable that the Great
Western Company know Iqss about the Shrewsbury district than the Shrewsbury Company . If anything eould induce the Shrewsbury directors to be as' attentive as possible , in order- to repair the essential imperfectioiis of their own . ^ enterprise , it would have been the factthat thby might ultimately obtain a profit' ioutof their scheme , ; jand , _ t all events , while they worked it they must have done their beat to dhninish the loss
As soon , however * as , they obtaux a quasiamiexatiou to the-larger company , and a guarantee of their divideiids at ai fixed rate , virtually they Are exonerated 'firdinf pains and penalties , which are transferred to-tho alien company . In niany caaos tliis occupation of aa extended ground is ¦ ' ¦ dictated : solely Jzy the apprehension , that some' other company will approach the * groundy and ¦ w ilL . compete for the traffic . Thus , to avoid a future and contingent loss , arising fj ? om > competition by way
of Sjarewsbary , the Greiit-Wesfern Company have incurred a present and certain loss of one per centi' on ; theii ? - ; already declining dividends ; lAgaiay in 1 order , to comjjeto with the ¦ NorthwWcatern Gbtnpnny ? s traffic to Birroiiighamy they have inaaer on extension in that line , wliichy besides previous inflictions upon them , has : this year ; . entarled a loss of
another' one per cent . ; so that to damage ( fche"NortlilfWe _ tern , in ; which probably they have i succeeded , they , i ihavb' damaged themselves . Miistake * of tliia kind , we say , arc not to be tested 'by an , 'o rdinary examirtation of the accounts and a petty ) auditing to lind out wlveihcv ! a humlrea |) ounda have been given . beyond tho markeib : price here and ' there . mi .- . ¦< ,, ¦ . ¦ ,. > i ¦ > i \ ¦ t . - . < h ;> ir ¦ i ¦ ,. ¦
: Tlie very nature of i railway .- < ondortakinrs removes i thorn to a certain extent from common trading ruleaj and places them hi an into ^ meditvto B tat o betwoen trading and Govommeiat . Hailivnya have . to a great extent superseded . the . common relations of « Upf ) ly and demand * ; They have volunteered it mipply which lihsi created ita own doinand . Whenonco established , ' ao long- na the } ' arc maintained at all ^ they oiroj for 'n largo part of ltheir >! tniflfi 6 , / cXclu'dedi froth tlve common standard * which dunned t cdmnaorcial
value-ithb : " higglmg'O ^ thowHjrlciet . Vr . iIt is efirango that they should bo so muohuni ! droiwl ot competition , and ahow . ^ uoh ~ ii-groodiiH . ' . sd i . i > infliqfci ji \ , yt ) twi ta-. ; . c < pnsid ) ey (^ lo > spanfo pf their ma ^ i ageqii oftt ,. ia . cpmn ^ e ^ ly ^ p ^ t ^ t ^ d ^ gwinp t flQ ^ W ^^ wnrrf ^ pr ^ Tww ^ vfir , t hpyhnvo Bhqwn faVWy ionperf «| ct . ( intpyjganc <}^ n worlui ^ g jl > ut
-
-
Citation
-
Leader (1850-1860), Aug. 25, 1855, page 12, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/cld_25081855/page/12/
-