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Pennsylvania Railroad in Indiana by William Watt w dust jacket 1999 indexed
The Pennsylvania Railroad in Indiana by William Watt
Railroads past and present series
Hard cover with dust jacket
Copyright 1999
indexed 193 pages
Table of Contents:
Preface Vii
Introduction: The Pennsy Led The Way 1
1."A Most Wonderful Thoroughfare" 3
2. Philadelphia Looks West 13
3. Forays West Of Pittsburgh 23
4. A Different Type Of Warfare 35
5. Corporate Raids And Consolidations 43
6. The Most Important Enterprise In The Nation 57
7. Two Decades Of Turmoil 67
8. The Standard Railroad Of The World 85
9. Crisis, Prosperity, And Depression 107
10. Serving The Arsenal Of Democracy 133
11. Vanishing Illusions 149
12. Merger-And Disaster 163
13. Aftermath 175
Select Bibliography 183
Index 187
BY THE TIME my work as an Indiana state government official brought me into frequent contact with the railroad industry, the Pennsylvania Railroad had been merged into Penn Central. I occupied a favorable vantage point during what amounted to Penn Central's funeral rites-a long-running, troubling, and frustrating affair which one hoped would come to an end when Conrail was activated in 1976.
It wasn't quite that tidy. What had been the world's largest bankruptcy reorganization naturally produced aftershocks. I recall battles to preserve former Pennsylvania lines that were falling out of Indiana's railroad map during an era of wrenching change. Amtrak passenger train cutbacks and reroutings brought other disputes and negotiating sessions. A decade later, state officials confronted issues relating to the privatization of Conrail. Only in 1999 can it be said that the convolutions that accompanied the Pennsy's merger into Penn Central finally are being resolved-and only then if the Conrail acquisition fulfills the buyers' expectations.
For more than 30 years, the effects of the Pennsylvania Railroad's decline-along with that of New York Central -have had important consequences for Hoosier public officials, freight customers, intercity travelers, the state's economy, and our quality of life. That a company's downfall would set off so many repercussions speaks volumes about the Pennsylvania's former stature. Over a span of 125 years, rail lines which became part of its system were essential to the state's economic well-being. Institutions of such impressive significance deserve to have their history remembered-and learned from.
I approached this fascinating undertaking in the manner of a journalist, because that is the working style I know. Journalists depend upon sources, and mine have proved to be of inestimable value.
During nearly three decades of professional involvement in railroad transportation and the public policy issues which relate to it, I have received valuable advice from many people
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