A “Fallacious” Argument.

The argument frequently advanced that the introduction of the motor brought about a world transport revolution comparable with that effected by the Railways a century ago, was recently characterised as “fallacious” by Professor Henry Clay—one of the Empire's leading economists. In an article in “The Economic Journal,” Professor Clay says: “The Railways effected a revolution because they made possible a speed and volume of transport which were impossible before; the motor does nothing of the sort. All it does is slightly to increase the convenience of certain kinds of transport. A country does not grow rich by transferring its suburban population from perfectly adequate trains to omnibuses, or its parcels from railway vans to motor lorries.”