The Life of Sir Rowland Hill and the

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4/6 APPENDIX J. (the service remaining the same) reduce this amount probably to about ;i 50,000. To obtain the concurrence of the companies it would be necessary, probably, for the Government to advance gradually, as the existing bonds fall due, about ^30,000,000 in the aggregate, or rather less than two-fifths of the present amount of railway debentures. This advance, taking the saving of the companies at only one per cent, on the average, would reduce their expenses by ^300,000. And as their receipts from the Post Office would be reduced, say by ^250,000, the balance would give a direct gain to the companies of ^50,000 per annum. But I am assured by gentlemen well informed on the subject, that the companies would also be benefited indirectly as regards the terms on which they would be enabled to raise the remainder of their loans. The question naturally arises, why, seeing that a larger advance (say of ^45,000,000 instead of ^30,000,000) would probably suffice to relieve the Post Office of all payments for railway service, I have not proposed the larger amount ? The reason is that I have not felt justified in asking Government to do more than is necessary to supply the defects of early legislation, by placing the Post Office in a position similar to that in which it would probably have stood, had its interests (and through it those of the public) received due attention from the legislature when railways were first established. It is unnecessary to add that, should Government feel disposed to extend the advances to railways beyond the limit I have proposed, the saving which would result from such extension might go to the further relief of the Post Office, or be carried direct to the credit of the general revenue of the state, as Government might determine. In arriving at this conclusion, I have not overlooked the importance of neutralising the unwillingness sometimes manifested by the companies now under agreement with the Post Office to afford additional service without additional pay. Against this inconvenience I con- sider the Post Office may be tolerably well secured by making the agreement terminable by the Government, without notice, in the event of the conditions not being fully performed by the company. I may add that advances, such as those now suggested (except that they were unfortunately unaccompanied by any stipulations as to the postal service), have already been made to several of the Irish railway companies. Should the above plan be adopted by Government, I have little doubt that almost every railway company would speedily avail itself of the advantages it affords ; and, if so, while both parties would be saved the trouble, expense, delay, and uncertainty of arbitrations,
APPENDIX J. 477 the Postmaster-General would be enabled, more effectually even than by the proposed bill, to grant many important postal facilities earnestly desired by the public, which he is now obliged to withhold, a most acceptable boon would be conferred on the railway companies, and a large saving estimated above at ,250,000 a year would be effected in the Post Office expenditure. R. H. 6th January, 1857.
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THE LIFE OF SIR ROWLAND HILL K.C.B.
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CONTENTS OF SECOND VOLUME. BOOK II.
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CONTENTS. Vll CHAPTER XIX. PARTIAL
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CONTENTS. ix CHAPTER XXVI. MISCELLA
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BOOK II. HISTORY OF PENNY POSTAGE.
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BOOK III. CONCLUSION. " He that die
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Page 453 and 454: APPENDIX A. 439 Some of the improve
Page 455 and 456: APPENDIX A. 441 opinions of parties
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Page 459 and 460: APPENDIX C [Seep. 105.] Lord Clanri
Page 461 and 462: APPENDIX D. 447 department ; second
Page 463 and 464: APPENDIX D. 449 and I should propos
Page 465 and 466: APPENDIX D. 451 serious complaint f
Page 467 and 468: APPENDIX E [See p. 126.] Letter to
Page 469 and 470: APPENDIX F. [Seep. 134.] Anonymous
Page 471 and 472: APPENDIX G. [See p. 164.] Letter to
Page 473 and 474: APPENDIX G. 459 This, however, cons
Page 475 and 476: APPENDIX H. 461 I was given to unde
Page 477 and 478: APPENDIX H. 463 arrears, and to pre
Page 479 and 480: APPENDIX H. 465 this is the result
Page 481 and 482: The amount of Government postage is
Page 483 and 484: APPENDIX I. 469 service, which expe
Page 485 and 486: APPENDIX I. 471 points affecting re
Page 487 and 488: APPENDIX I. 473 prepared with a vie
Page 489: APPENDIX J. 475 mail service. The r
Page 493 and 494: APPENDIX K. 479 public, whether at
Page 495 and 496: APPENDIX K. 481 15. The Panama rout
Page 497 and 498: APPENDIX L. 483 several days, as co
Page 499 and 500: APPENDIX M. 485 And here it may be
Page 501 and 502: APPENDIX M. 487 4th. As the power o
Page 503 and 504: APPENDIX M. 489 On the plan set for
Page 505 and 506: APPENDIX M. 491 Post Office propose
Page 507 and 508: APPENDIX N. 493 MEMORANDUM. A low a
Page 509: INDEX.
Page 512 and 513: 498 vol. ii. 388, 397, 41 1 ; budge
Page 514 and 515: 500 Commission, Lord Canning's (Pac
Page 516 and 517: 5O2 INDEX. Gibson, Mr. Milner, vol.
Page 518 and 519: 504 47; attends his father's school
Page 520 and 521: 506 mysterious allusion in Mr. Cobd
Page 522 and 523: 508 INDEX. INCOME-TAX Commissioners
Page 524 and 525: Map-making, vol. i. 79, 86 Marcet,
Page 526 and 527: 512 Piron, M., vol. i. 341, 377, vo
Page 528 and 529: Schuster, Mr., vol. ii. 285 Scotlan
Page 530: 5 i6 INDEX. Wallace, Mr. Robert, vo
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