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Railway mania - Definition and Overview |
| Related Words: Branch, El, Embankment, Feeder, Junction, Line, Metro, Monorail, Rail, Railroad, Roadway, Siding |
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Railway mania was the term given to the speculative frenzy in Britain in the 1840s. It followed a common pattern: as the price of railway shares increased, more and more money was poured in by speculators, until the inevitable collapse.
Unlike some stock market bubbles, however, there was actually a net tangible result from all the investment: a vast expansion of the British railway system, though perhaps at an inflated cost.
The line in Lewis Carroll's The Hunting of the Snark, "They threatened its life with a railway share" [1] (http://www.underthesun.cc/Classics/Carroll/snark/snark6.html), is a reference to the railway mania and those who lost money investing in it.
Railway mania can be compared with the similar craze in the 1990s, where a vast amount of fibre-optic telecommunications infrastructure was installed.
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Example Usage of Railway |
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nihon_bot: @Railway14190 …みかんのみ……いえ、なんでもありません。色々とありまして…。 |
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iGrace: Is up. Gotta get the lil stuff packed & get ready. The train time probably changed, so will be leaving for Railway station a bit early.. |
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kamiandcat: @moonriverseeker I got dragged along by some friend to a secret gothic party in an old Railway tunnel once and I have to say though it was.. |
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