Abolition
By the late 1950s the BTC was in serious financial difficulties, which were largely due to the economic performance of the railways. It was criticised as an excessively bureaucratic system of administering transport services which had failed to develop an integrated transport system (such as integrated ticketing and timetabling). It was abolished by Harold Macmillan's Conservative government under the Transport Act, 1962. This replaced the LTE with the London Transport Board, which was directly accountable to the Ministry of Transport.
Read more about this topic: London Transport Executive
Famous quotes containing the word abolition:
“I am gradually drifting to the opinion that this Rebellion can only be crushed finally by either the execution of all the traitors or the abolition of slavery. Crushed, I mean, so as to remove all danger of its breaking out again in the future.”
—Rutherford Birchard Hayes (1822–1893)
“Woman—with a capital letter—should by now have ceased to be a specialty. There should be no more need of “movements” on her behalf, and agitations for her advancement and development ... than for the abolition of negro slavery in the United States.”
—Marion Harland (1830–1922)
“I have no concern with any economic criticisms of the communist system; I cannot enquire into whether the abolition of private property is expedient or advantageous. But I am able to recognize that the psychological premises on which the system is based are an untenable illusion. In abolishing private property we deprive the human love of aggression of one of its instruments ... but we have in no way altered the differences in power and influence which are misused by aggressiveness.”
—Sigmund Freud (1856–1939)