Arakan, Past – Present – Future a résumé of two campaigns for its development (1892)
written by: John Ogilvy Hay
(“listed-as-Arakan-related Doc” no. – 119 – )
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1892 edition.
Excerpt: “… that the railways should be in the hands of the public. Though the returns are so favourable, there are great complaints of the inefficiency of the railway service on the Mandalay line–see last week’s ‘Pioneer’–and this raises the question, Does this arise from deficiency of rolling stock, this not having been increased to keep pace with the extension of the line? If so, the capital outlay is less than it should be for the traffic, and hence the returns show more favourably than they should. It appears as, if the working were in the hands of a company, this would soon be inquired into and remedied. Sir Charles Elliott said the Government wish a few large companies, and not a number of small ones. This could be better worked in Burmah than in any other part of India–it being, so to speak, so “selfcontained “–and the company I am promoting would be prepared to take it all up as a whole. Sir Charles Elliott spoke as if he expected the public to be so philanthropic as to make the railways without any inducement but the traffic returns, because the Government would raise money at 3 per cent, and the railways might return 6 per cent. The public won’t do this, and will not embark money without considerably more inducement. Doubtless Government can raise loans, as they have done just now, at 3 per cent; but what is this but giving indirectly the guarantee the public want, but which the Government say they won’t give directly?–I am, &c. Reply. 1th May 1890. Many thanks for your interesting papers and letter. I understand that your proposals have been sent out to the Government of India, and they will, I feel sure, not be overlooked when the time comes for deciding the matter. The printed papers you handed me are.very interesting, and …”
Bibliographic information
| Title | Arakan; Past–Present–Future. a Résumé of Two Campaigns for Its Development |
| Author | John Ogilvy Hay |
| Publisher | |
| ISBN | 1230403833, 9781230403830 |
| Length |
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