cover image: The Asiatic Review  October 1916

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The Asiatic Review October 1916

1916

If after two years careful study of the present struggle Roumania is able to peer through the haze and see the Sun of Victory shining in spite of Germany's untiring efforts to catch and blind her soul it will not be long before the sympathies of other neutrals gravitate to the side of the Allies who are the Trustees of Civilization. [...] It was laid down as an axiom that " the State should divest itself of the task of working railways " ; and although it was admitted that this (policy was "by no means good for the State in a financial point of view it was believed that the " superior fitness of joint-stock companies would so improve the incoine of the railways as to prevent any important loss_ of_ the share of the profits reserve [...] The assumption that has been made respecting the efficiency of the agency of Joint Stock Companies and the inefficiency of that of the State entirely ignores the past history of railways in India.* Lord 'Lawrence in his sable Minute wrote as follows—January 9 1869 : The history of the actual operations of Railway Companies in India gives illustrations of management as bad and extravagant as a [...] Clearly the proper policy of the State is to dezelop the resources of the country by the lowest possible rates of carriage and it might amply repay a Government in some instances to suffer some loss in railway working provided that by the adoption of low rates the trade of a district could be stimulated. [...] A company will naturally object to the extension of their system to branch lines the remunerative character of which may be doubtful ; and it will not repay the State to make such branches because the indirect returns from them as feeders will pass to the owners of the lines they feed ; whereas if the line so fed were in the ownership of the State the indirect as well as the direct returns toge
government politics public policy
Published in
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Segment Pages Author Actions
The Floundering of China
263-269 unknown view
Thoughts About India
270-275 H.W.B. view
The Roumanians at Home And at War
276-280 Oliver Baineridge view
Yougoslavs and Panslavism
281-287 V.R. Savitch view
Proceedings of the East India Association Indian Railway Policy
288-302 Guilford Molesworth view
Discussion on the Foregoing Paper
303-313 unknown view
Annual Meeting
314-320 unknown view
The Forty-Ninth Annual Article of the East India Association
321-328 unknown view
Supplement Education in East and West
329-332 T.W. Dunn view
Our Review of Books Russia in Asia
333-352 M.A. Czaplicka view
Commercial Notes After the War
353-361 unknown view
Official Notifications
362-362 unknown view
Correspondence
363-363 unknown view
Where East and West Meet
364-370 unknown view
Document Manifesto Issued by the Independent Pro-Entente Party
371-372 F.R. Scatcherd view