This book, first published in 1932, provides a survey of the subject of railway economics as a whole, including the theory and practice of railway charging; State regulation and ownership; railway amalgamation; railway capital; railway organization and labour problems. In addition a critical examination is made of the economic questions involved in electrification, train speeds, railway-owned road transport and other problems.
1. Introduction 2. The Regulation of Railways by the State 3. The Internal Organization of a Railway 4. Railway Capital and Expenditure 5. Railway Labour 6. Railway Amalgamation and Combination 7. The Railway Clearing House 8. The Development of Rates and Fares 9. The Railways Act 1921 10. Theory of Railway Charges 11. Railway Rates in Practice 12. Passenger Fares and Rates for Traffic Carried by Passenger Train 13. Economics of Railway Working 14. Economics of Railway Electrification 15. The Railways and their Road Transport Services 16. State Ownership of Railways 17. The Present Position and Future Prospects of British Railways