The story
On 2 January 1854 the Newport, Abergavenny and Hereford Railway opened its main line. It was a north–south trunk route from Hereford, in fact connecting with the Monmouthshire Railway and Canal Company near Pontypool for the final approach to Newport. It was observed that an extensive and productive agricultural region lay nearby, east of the NA&HR route and the idea formed that a line from Monmouth through Raglan and Usk would be advantageous.
Building on that notion, attention was drawn to Coleford, considered one of the most important mineral-producing locations in the Forest of Dean. A railway line connecting Coleford through Monmouth to Pontypool would be able to convey iron ore and coal to the smelters of South Wales, specifically to Nantyglo. The ironmaster Crawshay Bailey was a prime mover in bringing the idea to fruition; it took shape as the Coleford, Monmouth, Usk and Pontypool Railway.
The proposed railway would, it was claimed, offer the most direct route for the lucrative coal traffic between South Wales and London. The line could form a junction with the Newport, Abergavenny and Hereford Railway near Little Mill, two miles north of Pontypool Road station.
Coleford already had a railway connection: the Monmouth Railway had joined it to some scattered pits to the east of the town, and connected to a terminus at May Hill, near Monmouth. However the Monmouth Railway was a 3ft 6in gauge horse-operated plateway, and by the 1850s it was technologically obsolescent and commercially moribund. The new railway would acquire the Coleford Railway and use some of the trackbed for its own new line.
From Wikipedia’s article on Coleford, Monmouth, Usk and Pontypool Railway, shared under CC BY-SA 4.0.3
