Re: PC: Another Penn Central Book.

["Steve Hipes" <sthipes@xxxxxxxxxxx>]

Bryan wrote ...

>>On the other hand, without the PC failure it is possible that the 
>>government would not have >>been forced into making sweeping reforms and 
>>the entire railroad industry would have failed.


Good point.  Look at the Rock Island, look at the Milwaukee Road.  The 
disease was spreading.  Deregulation turned things around.  Conrail's 
success proved (to a certain degree) that Penn + Central was right idea.  
It's just that Conrail had the legal tools that PC didn't to make the idea 
work.

Steve Hipes
Columbus, Ohio

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