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Hi im a new guy to the forum, i hope my post is of some use. Although im not a resident of the US I have been reading the background prior to Conrail, and one thing hasnt been said: Vanderbilt's Folly Morgan (PRR) and Vanderbuilt (NyC) both wanted to connect Pittsburgh (or Pittsburg, I cant remember) to New York, but niether wanted to have joint ownership of the line. Morgan started first, backed buy six bussinessmen from Eire PA. Vanderbilt put up an equal amount from his own pocket and surveyed his own route, but this was longer, and had more tunnels and bridges to construct. After costs rose by x10 Morgan borrowed money, Vanderbuilt fled to a hotel he owned in NJ. after about 3 years of living there in secrecy ( as the police were after him) he recived a note form Morgan offering a truce and joint ownership of the line. So with the line abandoned for about 80/100 years the US goverment put into practice the road building techneques they learnt from the Germans during WW2. They find a route already half built, Vanderbuilt's and finish it off to open the first highway in the US. Hope this story makes some sense, quite amazing to show how Vanderbilt helped tp cause his own railroad/successor to fail. Oh and 10% of PC's property was hotels, car dealerships etc, I read that somewhere ;) Feel free to flame ;)
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