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HARVARD COLLEGE LIFEARY
1874, April 3.5. Bequest of Hon. Pics Slimmer, Chos. of Boston. ((H. U.1830)
THE Invention of the Locomotive Engine and its application to the working of Railways, is one of the most remarkable events of the present century.
Within a period of about thirty years, railways have been adopted as the chief means of internal communication in all civilised countries.
The expenditure involved in their construction has been of an extraordinary character. In Great Britain alone, at the end of the year 1856, not less than 308,775,8947. had been raised and expended in the construction of 8,635 miles of railway, which were then open for public traffic.
This great work has been accomplished under the eyes of the generation still living; and the vast funds required for the purpose have been voluntarily raised by private individuals, without the aid of a penny from the public purse.
The system of British Railways, whether considered in point of utility or in respect of the gigantic character and extent of the works involved in their construction, must be regarded as the most magnificent public enterprise yet
35, 514 £.