With President Obama touring the American Not Really An
Empire But More A Sphere Of Influence In Africa, if only to remind China and
others as the British found out 132 years ago Egypt was always a place for
trouble to brew up. Then the ruler, the Khedive,
had run up unsustainable debts and had made too many promises. As the British, in The City, were the
bondholders, in those robust days it was not the British taxpayer who was to
stand the loss, Egypt was to be taken over in a hostile bid, new management
installed, Barings inevitably, and the money extracted from there.
What should worry us all is that if The President is on
tour who is following close behind to pick up on all those invaluable
contacts? Can Goldman Sachs and others
be far behind and to what purpose? As in
the old days we can expect a series of grand projects and very large schemes to
hit the media replete with promises of wonders to come. No doubt that as in the past the losses will
be large but largely disguised, the money men will take the cream and the
taxpayer told he or she must do their duty and foot the bills.
One Grand Project of the past was The Cape To Cairo
Railway. Indeed Africa did have scope
for many railway lines and connections, but Cairo to The Cape? With thousands of miles of track going
through country often with challenging terrain and limited or no real economic
opportunities? At a time when ships were
becoming bigger, faster, more reliable and rather more flexible in use?
The USA is so broke doubtless it needs to get its hands
on other people's money just as the British Empire did to get hold of whatever
treasure or primary resources could be found to keep the Empire show on the
road. Britain is now just as broke, if
not more. But it still cannot wean
itself off the need for big expensive schemes at any price to claim that
something is being done.
So we are told in one breath that serious economies must
be made along with sacrifice and restraint.
In the next, oh dear the HST2 Railway from London to the North of
England is now running late at over £40 billion and rising. Also, the Ministry of Transport costing of
economic benefit has a basic premise that people on trains do not work so any
time saved is worth any expense. Eh?
Back in the 1950's I along with others had no trouble reading and even
making notes on a journey. Amazingly, it
is easy to use a laptop as so many already do whenever I now travel.
The other part of all this is that if resources go in one
direction then they will not go in another.
If the HST2 does go ahead along with a Crossrail2 scheme for London and
other London works then there will not be much for the rest of the Network. The Coalition government is essentially
attracted by the "rental" benefits accruing to those near the lines,
that is the property effect in the South East.
So those in The far North and over the Border need to
take a closer look at all this. My guess
is that what nobody is saying is that one of the two West and East Coast lines
may be run down and became a secondary link with relatively limited
services. At the moment the signs are
that it could be the East Coast line which is going to need some serious work
in the foreseeable future.
Which is ironic given the latest celebration of the 75th
Anniversary of the world record for steam locomotives by "Mallard" a
Class A4 streamlined loco' of the former London and North Eastern Railway. It is now rested at York Railway Museum and
has been joined by others of this class that have been preserved, some still
running. There were 34 of them dedicated
to the East Coast Main Line, a tiny proportion of the total LNER stock.
Such were the needs of steam hauled trains at the time
that at any given time a few of them would have been in works for major work
with a number of others in their local engine sheds for routine maintenance and
preparation. Only about half would have
been available for running. Although
alleged to be for non stop services most were not and according to the
rostering of the period it was common to change loco's half way through a
journey.
Quite why Britain was not at the forefront of effective
electrification given its command of the relevant technology and skills and the
existence of the National Grid for electricity is one of those puzzles. The two major wars and Empire interests had a
lot to do with it but why the government that forced the great 1923
"rationalisation" into four major companies each with an effective
monopoly in its own areas did not demand more is one to debate.
But then as now the politicians where really only
interested in the Grand Projects and big headlines. The detail did not matter and nor did the
real costs of botched schemes and operations.
Minutes after breaking the world record
"Mallard" broke down and had to be towed to London.
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