The London and North-Western Railway Company an flounced last Saturday
that it had made a provisional agreement to purchase the Lancashire and Yorkshire Railway. The two companies have long worked in co-operation, and since the New Year they have had the same general manager. The amalgamation of the companies should conduce to economy in working and should benefit the great industrial district which they serve. All who have lived in the North know that the Lancashire and Yorkshire Railway has been exceptionally well managed and that it need not fear comparisons oven with the North-Western Railway, so that the purchasers are acquiring a valuable undertaking. Parliament will have to sanction the agreement, either by a private Bill or by a clause of the Railway Bill which Sir Erio Geddes is about to introduce. It is strange to be reminded that the two railways might have been amal- gamated half a century ago had not Parliament believed that competition between railways benefited the community.