(erielack) EL vs. PC

["Fred Stratton" <erief7_@_msn.com>]

Keep in mind when talking about the EL and PC, it took the EL 16 years to fall while it took the PC only 872 days. Much of the EL's financial woes were not the mismanagement of money, although at times some practices were questionable. However the fall of the PC in part involved not puting finances back into the physical plant. This is verified in the book " wreck of the Penn Central." They were more interested in other ventures and let the RR go to H _ _ _ in a handbasket.



Fred Stratton

MP. 7.2 NS Asheville line

Salisbury, NC
  


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