8 MAY 1886, Page 3

The " interests "have not much strength in the new

Parliament On Thursday night, Mr. Mundella proposed the second reading of the new Bill creating a Commission to revise railway rates, and though the Companies are furious, they did not venture to divide. They will fight bard in Committee against the 24th clause, which allows the Commission to alter the maxima of rates ; but the disposition of the House is obviously to accept any arrangement which increases the power of the oorn,manity over capitalists. In this instance, as the railways are statutory monopolists, Parliament is entirely within its right; but we expect, if the present feeling lasts, to see the principle pushed far. There will be a bad qua* ç ;n hoar, for instance, for patentees Lefore long.