__NOTOC__ The Piccadilly, City and North East London Railway (PC&NELR) was a tube railway in London proposed in 1902. The railway was to run from Southgate to

Hammersmith Hammersmith is a district of West London, England, southwest of Charing Cross. It is the administrative centre of the London Borough of Hammersmith and Fulham, and identified in the London Plan as one of 35 major centres in Greater London. It ...

and

Shepherd's Bush Shepherd's Bush is a suburb of West London, England, within the London Borough of Hammersmith and Fulham west of Charing Cross, and identified as a major metropolitan centre in the London Plan. Although primarily residential in character, its ...

via Palmers Green,

Tottenham Tottenham (, , , ) is a district in north London, England, within the London Borough of Haringey. It is located in the Ceremonial counties of England, ceremonial county of Greater London. Tottenham is centred north-northeast of Charing Cross, ...

Stoke Newington Stoke Newington is an area in the northwest part of the London Borough of Hackney, England. The area is northeast of Charing Cross. The Manor of Stoke Newington gave its name to Stoke Newington (parish), Stoke Newington, the ancient parish. S ...

Dalston Dalston () is an area of East London, in the London Borough of Hackney. It is northeast of Charing Cross. Dalston began as a hamlet on either side of Dalston Lane, and as the area urbanised the term also came to apply to surrounding areas i ...

Shoreditch Shoreditch is an area in London, England and is located in the London Borough of Hackney alongside neighbouring parts of Tower Hamlets, which are also perceived as part of the area due to historic ecclesiastical links. Shoreditch lies just north ...

, the

City of London The City of London, also known as ''the City'', is a Ceremonial counties of England, ceremonial county and Districts of England, local government district with City status in the United Kingdom, city status in England. It is the Old town, his ...

, the West End and

Kensington Kensington is an area of London in the Royal Borough of Kensington and Chelsea, around west of Central London. The district's commercial heart is Kensington High Street, running on an east–west axis. The north-east is taken up by Kensingt ...

. The PC&NELR was formed from the combination of three earlier railway schemes proposed in 1901; the Piccadilly and City Railway and the North East London Railway and part of the London United Electric Railway (LUER). The railway was supported by American financier

J. P. Morgan John Pierpont Morgan Sr. (April 17, 1837 – March 31, 1913) was an American financier and investment banker who dominated corporate finance on Wall Street throughout the Gilded Age and Progressive Era. As the head of the banking firm that ...

and

London United Tramways London United Tramways Company Limited was an operator of trams and trolleybuses in the western and southern suburbs of London, UK, from 1894 to 1933, when it passed to the London Passenger Transport Board. Origins The company was formed in 189 ...

(LUT), whose network of tram routes in west London would provide passengers for the railway at Hammersmith. Although looked on favourably in Parliament, consideration of the PC&NELR's bills was delayed while they and a number of other tube railway bills were evaluated. During the delay, Morgan's representatives fell out with the LUT over the division of the ownership of the group, and, in September 1902, Sir George White, chairman of the LUT, sold the company to Speyer Brothers, a finance house led by Edgar Speyer. Speyer Brothers was one of the backers of the rival underground railway schemes being developed by

Charles Yerkes Charles Tyson Yerkes Jr. ( ; June 25, 1837 – December 29, 1905) was an American financier. He played a part in developing mass-transit systems in Chicago and London. Philadelphia Yerkes was born into a Quaker family in the Northern Libertie ...

Underground Electric Railways Company of London The Underground Electric Railways Company of London, Limited (UERL), known operationally as the Underground for much of its existence, was established in 1902. It was the holding company for the three deep-level "tube"A "tube" railway is an un ...

(UERL). In a message to his London representative, Sir Clinton Dawkins, Morgan described the transaction as "the greatest rascality and conspiracy I ever heard of." With the LUT and the LUER portions of the PC&NELR route under its control, Speyer Brothers withdrew the bill to construct the western LUER portion of the PC&NELR route, which duplicated part of the route of the UERL's Brompton and Piccadilly Circus Railway. The withdrawn section of the route was critical to the construction of the PC&NELR as a whole, and Morgan's representatives attempted to get permission from Parliament to proceed with the remaining part of the line, but this was denied and the PC&NELR's bills were withdrawn. The PC&NELR scheme was not revived, although the UERL, which took control of the LUT, did use the tram network to feed passengers into its own Great Northern, Piccadilly and Brompton Railway at Hammersmith when that opened in December 1906.

Notes and references

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Bibliography

* * {{DEFAULTSORT:Piccadilly, City And North East London Railway Transport in the London Borough of Camden Transport in the City of London Transport in the London Borough of Enfield Transport in the London Borough of Hackney Transport in the London Borough of Hammersmith and Fulham Transport in the London Borough of Haringey Transport in the Royal Borough of Kensington and Chelsea Transport in the City of Westminster Abandoned underground railway projects in London Railway companies established in 1902