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PC: Re: L&HR was What killed PC?

This makes sense, and with PC having it's own routes between south PA and
Albany/Boston both from the NYC and the New Haven, it could run plenty of
traffic other ways and the L&HR be dammned -

Bill K.

> From: Jim Homoki <JHOMOKI -AT- mbakercorp.com>
> To: penn-central -AT- smellycat.com
> Subject: PC: L&HR was What killed PC?
> Date: Wednesday, January 06, 1999 8:46 AM
> 01/05/99 05:52pm >>>
> >There is no evidence of PC diverting traffic away from LHR. PC owned 
> >the LHR through LV. PC needed the LHR traffic from the LV to reach 
> >New England markets from Central PA area.
> PC Fans:
> Discussing what brought down PC always brings out a lot of diverse
> views, but I must attempt to straighten out the record here,
> as the above statements are strictly opinion.
> First, the PC did not own the L&HR.  There were 5 owners:  PC,
> EL, CNJ, RDG, and LV (22%).  If this is incorrect, or if someone has
> the % ownerships, please let me know.
> Everything I have ever read points to PC looking to close the Maybrook
> gateway.   Vol. 12, No. 2 of Flags Diamonds and Statues
> ( the ARHS publication) includes an excellent article
> containing a convention address by Gifford Moore, the last President
> of the L&HR.  Among historical aspects of the railroad, he spoke
> specifically of how the PC attempted to kill the L&HR and discusses
> the issue of the burning of the Poughkeepsie Bridge.
> PC, among other railroads, promoted single road service.  After all,
> isn't that what mergers should provide?  If it took longer for freight
> to go through the Albany area on the way to and from New England,
> then so be it, as long as the shippers tolerate it.  I'm not saying
> that is the way it should be, just that that is how is was (and is).
> Jim

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