March 2021 REVISED DRAFT Watkin’s Struggle at the S.E.R. Board 1876–79, and R.W. Perks By Owen E. Covick* * An earlier version of this paper was presented to a seminar at the Flinders Business School, Flinders University, Adelaide, Australia, in May 2014 Telephone: 61 8 8272 2693 Email:
[email protected] Abstract Becoming a trusted confidante to Sir Edward Watkin was a key step in the business career of Sir Robert William Perks (1849–1934): a career that included the financially successful ‘rescue’ of the Barry Railway during 1887–1889; the rather less financially successful rescue of the Lancashire, Derbyshire & East Coast Railway from 1894; and securing the commitment of C T Yerkes and his backers to the expansion and electrification of the London Underground from 1900. How did Perks become Watkin`s right-hand man? The 1909 biography of Perks by ‘Denis Crane’ (pen-name of Walter T Cranfield, 1874–1946) tells us that the trigger was a telegram from Watkin received by Perks as he sat eating Christmas dinner in 1878 with his wife of eight months, at his father-in-law’s house in Banbury. Crane tells us that Perks cut short his family festivities and travelled to meet Watkin at 6.00 p.m. that same day in London. But Crane is evasive about what the ‘important business’ was that Watkin wanted to see Perks about with such urgency. All we get is: ‘From that day forward for fourteen years Sir Robert was by Sir Edward Watkin`s side in all his battles’ (pp 72–73).