Summary

Portrait of Edwin A. Pratt Edwin A. Pratt A History of Inland Transport and Communication in England… (1912)

If, notwithstanding these conditions, the company earns a moderate profit, it is accused of striving only after dividends to the prejudice of the public. If non-success of the enterprise follows, then the company is accused of being over-capitalised and mismanaged, and it has come to be considered an impertinence for a company to offer ever so mild a protest.
Source: Wikisource

Portrait of Edwin A. Pratt Edwin A. Pratt A History of Inland Transport and Communication in England… (1912)

The motor-omnibus requires no special track, no overhead wires, no power station and sub-stations, and no costly widenings of streets and roads or rebuilding of bridges. Consequently, the capital expenditure involved in the provision of a large stock of motor-omnibuses is far less, in proportion, than that entailed by electric tramways providing an equivalent service. The motor-omnibus, too, has greater freedom in a busy thoroughfare—and is thus quicker in its movements—than the tramway car, limited to a fixed track and much more liable to be detained by blocks of traffic.
Source: Wikisource

Portrait of Edwin A. Pratt Edwin A. Pratt A History of Inland Transport and Communication in England… (1912)

If, in the result, private enterprise, thus driven to adopt new expedients in locomotion, should so far perfect a motor-omnibus, or any other alternative service, that the electric tramway will not only have a powerful competitor but be largely superseded, the position of the municipalities which first sought to exclude or to exploit private enterprise and then invested large sums in speculative tramway undertakings of their own will be sufficiently serious.
Source: Wikisource

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