Act of Parliament 1921
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The Railways Act of 1921, also known as the Grouping Act, was an enactment by the British government of David Lloyd George intended to stem the losses being made by many of the country's 120 railway companies, move the railways away from internal competition, and to retain some of the benefits which the country had derived from a government-controlled railway during and after the Great War of 1914-1918.
When there was talk, post WW1, of merging the Railway companies into massive operators, the Festiniog was originally included in the section that would have become part of the GWR.
However, at a late point a motion was made, in August 1921, by Lord Clwyd, to have it removed, and this was agreed to, by the Earl of Lytton.
- English Wikipedia on the Railways Act 1921
- Site giving text of Act
- Associated Railways, Gauge, Standard
- Legal Agreements Etc.