The Railway Mania of the 1840s: Revision history

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8 October 2026

  • curprev 15:4915:49, 8 October 2026 Parijat talk contribs 732 bytes +732 Created page with "Britain’s railway boom of the 1840s was one of the first great infrastructure investment manias. Cheap money, rapidly falling construction costs, and the extraordinary success of the early railways triggered a frenzy of new companies and speculative investment. Thousands of miles of railway lines were proposed, often before there was any clear evidence that the traffic would justify them. The boom peaked around 1845, followed by a sharp collapse in railway share price..."