Incidentally, as we are speaking about high speed and the lack of cab signals in the UK, in the USA the maximum speed allowed without cab signals is 79mph. This has been a federal requirement since the late 1920s, so surprising the UK has not caught up 100 years later. The cab signals were thus quite widely installed on the later express passenger steam locomotives. At the opposite end of the scale there's still quite a proportion of the US mileage, including many smaller whole railroads, with no signals at all, still done on train orders. Maximum speed allowed there is 59mph.
Not 1920s, the ICC order was 1947 after the Naperville crash of 1946 and railroads were given time to comply. The Santa Fe had only until Oct 1952, but others such as the CB&Q were given until the late-1950s.
Also the maximum is not 79mph, the order gives speeds as:
- Cab signals, automatic train stop, or automatic train control wherever passenger trains are operated at speeds of 80 miles per hour or higher
- A block signal system wherever passenger trains operated at speeds of 60 miles per hour or higher
- A block signal system wherever freight trains operated at speeds of 50 miles per hour or higher.
Railroads could set their own limits within these criteria. Simply that 79 happened to be the highest full mph within the block signal requirement but without cab signalling is why 79 became the typical limit.
However, just to emphasise the fact it was by no means set in stone - the Wabash set a 78mph limit for its passenger trains, the Central of Georgia on its dark territory set a 59.9mph limit for its Diesel Streamliner.
79 is simply an arbitrary figure that fits within the less than 80 requirement.
I am familiar with US signalling, principles and practice, and although you may get four reds one above the other
Do you ever get 4? Three reds certainly, which would mean all routes blocked but 4 red signal heads?