. . ice : Railway A andRailway B sent goods over each others line and settled up theiraccounts monthly. B, in due course, sent an account to A; the lat-ter on examining it found that certain back charges, or paidouts, which should be debited to A were so charged in the firstinstance, but by some curious process, the details of which Icannot now remember, the accountant of B again deducted theamounts from As account, thus cancelling the transaction. Thiswas pointed out to the secretary of A line, who chuckled, andsaid: Let B find it o
. . ice : Railway A andRailway B sent goods over each others line and settled up theiraccounts monthly. B, in due course, sent an account to A; the lat-ter on examining it found that certain back charges, or paidouts, which should be debited to A were so charged in the firstinstance, but by some curious process, the details of which Icannot now remember, the accountant of B again deducted theamounts from As account, thus cancelling the transaction. Thiswas pointed out to the secretary of A line, who chuckled, andsaid: Let B find it out; in the meantime, as our road is poor,we will hold on to the money and keep a credit account open ofthe moneys in favour of B in our books. The morality of thistransaction needs no comment. The blunder went on for twoor three years, by which time the total amount had reached avery large sum, when B line leased A line, and the accountant ofthe former came down to overhaul the latters books. On com-ing to the credit account in favour of B, he exclaimed: Whats. ^^^«»-v
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Keywords: ., bookcentury1800, bookdecade1890, bookidrailwaysothe, bookyear1894
