1958 - Rail Head Favors Consolidation of Lines
NW Mailing List
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Tue Mar 18 23:12:44 EDT 2008
Probably sounded crazy then. Look at the railroad map now! How about four
major systems with a half dozen smaller regionals?
Sam Putney
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Sent: Sunday, March 16, 2008 6:13 PM
Subject: 1958 - Rail Head Favors Consolidation of Lines
> Roanoke Times - March 13, 1958
> Rail Head Favors Consolidation of Lines
>
> CHICAGO, March 12 (AP) - A railroad president said today he favors
> consolidation of the nations 220,000 miles of railroads into a limited
> number of large systems, "no more than 20 as a maximum and preferably a
> much smaller number."
> John W. Barringer, president of the Pittsburgh & Lake Erie Railroad Co.
> said large-scale consolidations could save the country's railroads a
> billion dollars a year.
> Barringer told the annual meeting of the American Railway Engineering
> Assn. that the carries need a billion dollars extra a year "to modernize
> their plant and revitalize their services".
> He said with the large-scale consolidations, the composition of two or
> possible three railroads, could be provided at the principal centers,
> except possibly in New England.
>
> -----------------------------------
>
> - Ron Davis, Roger Link
>
>
>
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