to have received a welcome stimulus from railway demand but in Scotland they were not dependent on the orders of Scottish
railways. It is possible to conclude that domestic railways alone took under 10 per cent of pig-iron output between 1835 and
1869 and were dominant for only a short time in the 1840s.
Railway construction stimulated demand for other products, notably coal, timber and building materials and engineering
products. In terms of total production, railway’s impact on the coal industry was small. In the peak years of 1844–51 between
6 and 10 per cent of coal output went into making iron for railway uses. The rail network required locomotives, rolling stock
and signalling equipment. In the late 1830s and 1840s about 20 per cent of the industry’s output was in the form of railway
rolling stock. Towns grew up round the established engineering centres at Swindon, Crewe, Rugby and Doncaster. The brick-
making industry expanded as the result of the numerous bridges, stations, aqueducts, viaducts and embankments being built.
By 1845 some 740 million bricks had been used in the fifteen years since the opening of the Liverpool-Manchester
Railway and in the 1840s between 25 and 30 per cent of brick production went into railways.
How much did the railways really contribute to British economic growth after 1830? Contemporaries did not hesitate in
assuming a direct relationship between the growth of the railway network and economic growth, but historians today are more
cautious. The notion that railways rescued Britain from a serious investment crisis in the 1830s and 1840s—a ‘crisis of
capitalism’—is seen as an exaggeration. G.R.Hawke concluded, on slim evidence, that in 1865 railway services represented a
social saving of between 7 and 11 per cent of the net national income of England and Wales. His conclusions have not been
accepted uncritically and there is a need for further research into the impact of railways on engineering and retail trading,
general communications and business skills and technological change and industrial location in what Sir John Clapham
17
termed
The Early Railway Age’. His certainty is not as acceptable today. Railways did not occupy the central place in Britain’s
industrialization of the mid-nineteenth century and were not indispensable to economic growth. But their impact was greater
than that of any other single innovation in the period and they were seen by contemporaries as tangible proof of the spirit of
‘progress’. Railways represented the confidence of industrialization.
NOTES
1 An American writing, in 1870, on the impact of the Liverpool-Manchester Railway.
2 Francis Egerton, Duke of Bridgewater made this statement around 1800.
3 John Ruskin Seven Lamps of Architecture, London, 1849.
4 The development of railways is examined in M.J.T.Lewis Early Wooden Railways, London, 1970.
5 On the development of steam locomotion to 1830 see P.S.Bagwell The Transport Revolution from 1770, Batsford, 1974, pp. 90–2,
H.J.Dyos and D.H.Aldcroft British Transport, Leicester University Press, 1969, pp. 111–18 and H.Perkin The Age of the Railway,
Panther, 1970, pp. 70–2.
6 The central role of the Stephensons is explored in L.T.C.Rolt George and Robert Stephenson: the Railway Revolution, 1960 and in
R.H.G.Thomas The Liverpool and Manchester Railway, Batsford, 1980. See also L.T.C.Rolt Isambard Kingdom Brunel, 1957.
7 Dyos and Aldcroft op. cit. pp. 118–26 gives a more detailed account of developments in the 1830s.
8 On the railway mania in the 1840s see ibid. pp. 126–32.
9 There are many studies of the regional history of railways and histories of individual railway companies. Many are listed in the
bibliographies in P.S. Bagwell op. cit. and Dyos and Aldcroft op. cit.
10 On investment in railways see P.S.Bagwell op. cit. pp. 95–8 and Dyos and Aldcroft op. cit. pp. 189–94. T.R.Gourvish Railways and
the British Economy 1830–1914, Macmillan, 1980, pp. 9–26 gives an up-to-date survey of the literature. More detailed studies can be
found in S.Broadbridge Studies in Railway Expansion and the Capital Market in England 1825–1873, 1970 and M.C.Reed
Investment in Railways in Britain 1820–1844, 1975. Several articles, cited in T.R.Gourvish op. cit., are also of use especially
T.R.Gourvish and M.C. Reed on financing Scottish lines, and G.R.Hawke and M.C.Reed’s survey of financing throughout the
nineteenth century. See also J.Lee ‘The Provision of Capital for Early Irish Railways’, Irish Historical Journal, 16, (1968).
11 W.T.Jackman The Development of Transportation in Modern England, new edn, edited by W.L.Chaloner, Cass, 1962, p. 584.
12 A.G.Kenwood ‘Railway Investment in Britain 1825–1875’, Economica, 32, (1965), B.R.Mitchell ‘The Coming of the Railway and
United Kingdom Economic Growth’, Journal of Economic History, 24 (1964) and G.R.Hawke and M.C.Reed ‘Railway Capital in the
United Kingdom in the Nineteenth Century’, Economic History Review, 22 (1969).
13 On the construction of railways and the role of navvies see T.Coleman The Railway Navvies, Penguin, 1968 and H.Perkin op. cit. pp.
77–95.
14 On the role of the state and the development of the railway see Dyos and Aldcroft op. cit. pp. 156–65 and P.Bagwell op. cit. pp. 169–
98. H.Parris Government and the Railways in Nineteenth Century Britain, Routledge & Kegan Paul, 1965 is a more detailed study
though his thesis on the role of government should be examined in relation to A.J.Taylor Laissez-faire and State Intervention in
Nineteenth Century Britain, Macmillan, 1972.
15 The effects of railways are best approached through Dyos and Aldcroft op. cit. pp. 178–200, P.Bagwell op. cit. pp. 107–37 and
H.Perkin op. cit. pp. 96–150. J.R.Kellett Railways and Victorian Cities, Routledge & Kegan Paul, 1969 looks at the effect of railways
on urban development using five case studies.
16 G.R.Hawke Railways and Economic Growth in England and Wales 1840–1870, Oxford University Press, 1970, p. 245.
SOCIETY AND ECONOMY IN MODERN BRITAIN 1700–1850 143