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Updated: May 29, 2025
If the charge be anything under L.5000 per mile, there is a certainty of its doing well, even if the line be carried through a poorly-populated district; and up to L.20,000 per mile is allowable in great trunk-thoroughfares; but when the outlay reaches L.50,000 or L.100,000 per mile, as it has done in some instances, scarcely any amount of traffic will be remunerative.
It is gratifying to know, that the small German powers which border on France have been most active in providing themselves with railways; not only for their own accommodation, but to join the lines of other countries; so as to make great trunk-thoroughfares through their dominions.
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