1845... The railway age is in full swing in Britain. Robert Stephenson is completing the line between London and Edinburgh. Brunel is extending his line into Cornwall and is tinkering with the atmospheric railway. New railway companies are springing up, and contractors are working all over England. There is money to be made, directly and indirectly from building new lines. In America the network east of the Mississippi is growing and there is talk about accessing the harvests of the prairies with railways.
If there is a railway boom in England, and there is money to be made by exploiting the agricultural potential of America, are there not opportunities for investment in other parts of the world? What about that backward little colony at the foot of Africa? It’s apparently bankrupt, but it does produce wheat and fruit and make wine, and could perhaps trade in wool and meat as well, and it's comparatively well placed for trade with Europe. Pity about the lack of a proper harbour, and the appalling roads, though. But it might be worth the investing one of these new-fangled railways to solve the transport problem!
And so in 1845 a committee met in London to form a company to promote railways in South Africa.
Things were looking up in the colony. The new Colonial Secretary, John Montagu, had sorted out the financial mess and was turning his attention to roads. He even had a plan to solve the labour problem by putting convicts to carry out...