Edit post

Edit your reply below.

Post Body
Enter your post below.
Well, the freight railroads very nearly did lose their traffic 100% to trucks.... right now, they only survive on captive traffic that cannot be easily moved to truck, such as grain and coal, and on traffic that is hard won against trucking... by competition. <br /> <br />As for land grants.... one could argue this proves the point of a partially privatized system, with a private operator and a public financier... however, even so, not all railroads received these land grants. It should be noted that during the financial panic of 1893, every major rail player went bus- but one: James Hill's Great Northern, which had not taken a dime in grant or subsidy.......
Tags (Optional)
Tags are keywords that get attached to your post. They are used to categorize your submission and make it easier to search for. To add tags to your post type a tag into the box below and click the "Add Tag" button.
Add Tag