Note 98 — XX THE PROBLEM OF TRANSIT AND TRANSPORT IN IRELAND

We have taken the Act of 1844 as the basis referred to by the Commissioners, though it is very doubtful (having regard to the great variety of railway share and loan capital), if the terms of sect. 2 are now suitable; moreover sect. 4 requires a special Act of Parliament to be passed to raise the money, and settle the special conditions of the purchase option.