Contractors' Bounties or Due Consideration?: Evidence on the Commercial Nature of The Royal Mail Steam Placket Company's Mail Contracts, 1842-1905
Contractors' Bounties or Due Consideration?: Evidence on the Commercial Nature of The Royal Mail Steam Placket Company's Mail Contracts, 1842-1905
This essay discusses the negotiation of postal contracts between the government and the private sector, and asks whether the state provided private sector shipping companies with excess returns. The essay also describes the operation of Royal Mail’s mail contracts and the development of its non-contract revenues; its commercial and financial returns, and finally compares its results with financial returns in the second half of the 19th century.
Keywords: 19th Century British Government, 19th Century Private Sector, Maritime Business, British Economic Growth, Maritime Government Relationship
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