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The cost of the Wallsend coal on board the ship may be stated at 10s. 6d. per ton; to this must be added the charge at coal-market of 2s. 8d., freight say 5s. 9d., profit 7s. 6d., so that a ton of coal of this kind will cost in your cellar in London the sum of £1, 6s. 5d.
Stephenson was considerably ahead of his time; and although he did not live to see his anticipations fully realised as to the supply of the London coal-market, he was nevertheless the first to point out, and to some extent to prove, the practicability of establishing a profitable coal trade by railway between the northern counties and the metropolis.
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