Companies to abolish the "privilege" system and admit all cabs to their termini. It was, however, shortlived and unsuccessful.
On January 1, 1870, a new regulation, compelling all cab proprietors to display inside their vehicles a list of fares, came into force. Four-wheelers were to have them fixed or painted on their doors; hansoms, facing the passengers. By the same Act the cost of licences was reduced from £19 and £17 to £2 2s.
In the same year the Cab-drivers' Benevolent Association was founded, to make some provision for deserving aged or infirm cabmen unable to earn their living. The late Marquis of Townshend, a staunch friend of cabmen, took an active part in establishing it, and for many years it was known among cabbies as "The Marquis's Society." The objects of the Association, of which His Majesty the King is patron, are (1) to give annuities of £20 each to aged cab-drivers who from infirmity are unable to earn their living; (2) to grant loans, without interest, to members requiring such aid, and to give temporary assistance to those who may be in distress through unavoidable causes; (3) to give legal assistance to members