phrase is. Chiefly by the exertions of one newspaper, the "Boston Railway
Times," railway companies were shamed into giving their reports in such
form as to distinguish the expenses per mile run, for fuel, oil, repairs of
road, machines, etc., etc. This gave a common standard of comparison; and,
as we have seen, it was made use of to discover in what particular
departments English railways were worked more economically than our
own. This has led, as we have also seen, to a great reduction in the cost
of operating; and the revival of railways, as an investment, dates from
that time, 1857-8.

But there is something more wanted yet. As we have said, railway men are
not out of the reach of temptation. Let the various officers of a railway
manage it so as not to exceed the average expense of other roads of their
State, and their reputation stands high. Let them reduce their expenses
below the average, and their power is despotic. If they are men of ability,
they can do all this,--operate their road for less than many others, run
their trains regularly and without accident, even treat the public with
civility, and make themselves rich, in a few years, by percentages and
commissions on the cost of supplies, and by other modes, which, perhaps,
had better not be referred to here. If any one doubt this, let him take
pains to inquire how large a proportion of railway-men get rich in a few
years on salaries of from one to two thousand dollars per annum. Nor can
this be prevented; for every new check is only a transfer of power from
intelligent to ignorant hands; and ignorance, however honest, is a more
expensive manager and easier victim than knavery. There is but one remedy.
Make it for men's interest to reduce the expenses of operating to a
minimum. Make it for their interest to do so, by allowing them to share in
the profits, and then the question is solved, and you have a thousand
vigilant guardians of your property day and night. Let all supplies be
furnished by public competition under sealed tender, as is done in the army