In 1794 the
Monkland Canal was completed, enabling the cheap transport of coal from the Monklands coalfields, south of Airdrie, to the households and industries of Glasgow. Advantageous at first, in time the canal was accused of exploiting its monopoly, and in 1824 the
Monkland and Kirkintilloch Railway (M&KR) was opened, connecting the coalfields to the
Forth and Clyde Canal at Kirkintilloch; onward conveyance by canal barge from there to Glasgow and Edinburgh was possible. Ironstone was also smelted on a small scale at first, and from 1828
James Beaumont Neilson developed the
hot blast process of iron smelting, and iron manufacture quickly became a huge industry, centred on Coatbridge, and the found itself at the centre of this massive industry, connected at first to all the local sources of coal and iron, and to the ironworks. Coal was already extracted on a small scale in New Monkland, north and east of Airdrie and not directly accessible to the , and
Thomas Grainger, the engineer of the , prepared a pamphlet proposing a railway from the New Monkland pits to connect with the . Construction was promised to be cheap, and the ''''
(7 Geo. 4. c. xlviii) of 5 May 1826 authorised the construction by a new company, the Ballochney Railway Company'', with share capital of £18,425 and borrowing powers of £10,000. The Ballochney Railway was to connect the pits to the at an end-on junction at Kipps, between Coatbridge and Airdrie. Money was scarce at the time, and the Forth and Clyde Canal company had agreed to subscribe for stock in February 1826. £3,300 was subscribed by English investors. As was usual, the act laid down maximum toll rates for the railway: "For all Goods, Wares, , Coal and other Things: 3d per Ton, per Mile. For passing up or down any one of the Inclined Planes, or for any part of one, and for every Inclined Plane, 6d in addition." had been authorised in the Ballochney Railway Act 1826, but it was not made at this time. from the
Cromford and High Peak Railway Birkinshaw's patent malleable rails were ordered, as used on the . These had been a considerable technological advance on the cast iron rails used previously. The rails were and long, but there was a subsequent change to and long. This change may reflect improvements in manufacturing capability, which must have been at its technical limit at the time. ==Opening==