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Blackwood's Edinburgh Magazine, Volume 63, No. 387, January, 1848

Note 12 — THIRTY YEARS OF LIBERAL LEGISLATION.

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The sum invested in railways from 1841 to 1845, was £154,716,937; of which £114,513,035 was subscribed capital, and £46,203,902 authorised to be borrowed. See Parl. Returns, Nos. 159, 1844; and 637, 1845. Since that time it has at least risen to £200,000,000, of which half may be considered productive.

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