I've been reading this topic but it's no longer open for replies and would like to ask something...
I have never really understood why after the 1921 Railways Act did the L&Y and the L&NW companies merge together just prior to becoming part of the LMS to form a new L&NW company?
Both companies were profitable (or so I think) so why merge?
Would it give the shareholders and workers more power / influence in the new LMS?
Thanks,
Andy.
I have never really understood why after the 1921 Railways Act did the L&Y and the L&NW companies merge together just prior to becoming part of the LMS to form a new L&NW company?
Both companies were profitable (or so I think) so why merge?
Would it give the shareholders and workers more power / influence in the new LMS?
Thanks,
Andy.