In reference to SP spending $22 million on the 78 mile Palmdale cut-off.
Railway Man ... and left out the CTC and most of the sidings, and ran it as a train-order operation, because it was so cash-poor already.RWM
... and left out the CTC and most of the sidings, and ran it as a train-order operation, because it was so cash-poor already.
RWM
Funny things was that the SP was doing well in comparison to most other railroads at that time. Does say something of the return on investment for the industry in the 1960's (i.e. dismal).
My point in bringing that up was not to dispute the cost estimate for the project that started this thread, but to emphasize how much costs have gone up over the years. In a similar vein, the original 75 route mile BART system came in at 1.4 billion, shudder to think how much it would cost to build now.
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