| | Editorial Extra | Exhibition

Railnews 60
| | | |  | | |
The LMS had started business on 1 January 1923, having been formed as part of the ‘Grouping’ from many companies, the largest of these being the London & North Western Railway and the Midland Railway.
The other companies which were also absorbed included the Furness, Glasgow & South Western, Highland and North London Railways.
The acquisitions included several lines in Ireland as well as the London, Tilbury & Southend, all of which had been owned by the Midland Railway.
The Caledonian and North Staffordshire Railways also became part of the LMS, but not until 1 July 1923.
This rich heritage, when combined, resulted in the largest of the Big Four companies, and this wide territory was reflected in the LMS Magazine, which included several ‘slip’ editions with centre pages of local news from each area.
A combined edition, including all the local news pages, was also published for twopence rather than the penny charged for each slip edition.
This issue of the Magazine, dated September 1925, devoted most of page 322 to an explanation of changes to the ‘slip’ areas from the following month.
As before, a code letter on each front page would indicate the area covered.
| | | | |