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George Hudson - the eponymous Railway King - started his career with a stroke of luck, inheriting £27,000 (a fortune in 1827) from a distant relative. He invested successfully in the North Midland Railway, then formed his own Midland Railway, raising £5 million and bribing MPs along the way. But from his glory in 1845 he fell into disgrace, admitting corruption and selling land he did not own. He was eventually imprisoned in York Castle and died a broken man in 1871. His story provides an excellent insight into nineteenth-century politics and industrial progress, full of moral dilemmas and a testimony to the growth of the railways in Britain - a timely subject.
George Hudson was the greatest British railway entrepreneur of the 19th century. In 1848, he controlled over 1,000 miles of railway and, when it came to railway promotion, it seemed he could do no wrong. However, in early 1849 it came to light that some of his business methods had been less than ethical and he was forced to relinquish the chairmanship of each of his companies. His fall from grace was spectacular and his detractors, of whom there were many, were quick to denounce him as a fraudster, a charlatan and a crook. Even today, when the name George Hudson is mentioned, these same insults are often levelled at him. This new biography takes a fresh look at Hudson’s extraordinary life, from his humble beginnings as a farmer’s boy, to becoming Lord Mayor of York before catching the railway bug. He was MP for Sunderland between 1845 and 1859. After his fall from grace, Hudson endured a 20-year court battle with the York and North Midland Railway (subsequently the North Eastern Railway) for outstanding debts. Hudson made many mistakes in creating his railway empire, but did he deserve all the vitriol that still accompanies his reputation? In seeking to answer this question, Matthew Wells looks at the evidence, including what was said about Hudson during his lifetime and what Hudson himself had to say about the actions he took.
George Hudson - the eponymous Railway King - started his career with a stroke of luck, inheriting u27,000 (a fortune in 1827) from a distant relative. He invested succesfully in the North Midland Railway, then formed his own Midland Railway, raising u5 million and bribing MP's along the way. But from his glory in 1845 he fell into disgrace, admitting corruption and selling land he did not own. He was eventually imprisoned in York Castle and died a broken man in 1871."