Excerpt from Lectures on Indian Railway Economics, Vol. 1The debentures are guaranteed by the Secretary of State for India. So the debenture-holders have a greater security than even the mortgage of the Railway property. Th have the security of the Secretary of State for India, consequently of India and her resources.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.