For the railways of Britain the rot set in after the General Strike of 1926 with a short reprieve during the Second World War.
With the writing on the wall, it was of no importance who penned the Beecing report for railway restructuring as the faltering British economy had to claw back by what ever means the cash won by working men over many austere years of strife.
In reality any back room accounts clerk could have come up with the same drastic pruning plan for the railways as Beeching did.
The main problem is that the Beecing report was based primarily on cost cutting by identifying lines that were struggling to turn a profit, with scant regard to the economic importance for many of the condemned lines being integrated into future potential transport strategies, such as those discussed in the Restructuring of the Railways pre Beeching.
I believe the following snapshot sums up the whole economic and investment situation for the railways that took hold of our economy post 1926;
In the five years that followed, Churchill’s early
liberalism survived only in the form of
advocacy of rigid
laissez-faire economics; for the rest he appeared, repeatedly, as the leader of the diehards. He had no natural gift for financial administration, and though the noted economist
John Maynard Keynes criticized him unsparingly, most of the advice he received was orthodox and harmful. His first move was to restore the
gold standard, a disastrous measure, from which flowed deflation, unemployment, and the miners’ strike that led to the
general strike of 1926. Churchill offered no remedy except the cultivation of strict economy, extending even to the armed services. Churchill viewed the general strike as a quasi-revolutionary measure and was foremost in resisting a negotiated settlement. He leaped at the opportunity of editing the
British Gazette, an emergency official newspaper, which he filled with
bombastic and frequently inflammatory
propaganda.