After this, the powerful businessmen including Shibusawa planned the disposal by the government of Japanese Imperial Government Railway in 1894 and tried to realize the railway management by the private sectors in one stroke, but the plan came to a deadlock with the outbreak of Sino-Japanese War.
続いて渋沢らは、1894年（明治27年）に官設鉄道払下計画を立案し、一挙に彼らの理想とする鉄道民営の実現を図ったが、日清戦争の勃発にともない、計画は頓挫している。