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Gentlemen: Let's evaluate Mr. Brown's study, and your extrapolations springing therefrom: Unless it can be demonstrated that Mr. Brown's study influenced the thinking of railroad managements, and changed the course of their financial history, it has no value other than to pique the imaginations of those who'd like to come along fifty years after the fact and try to plant a big "gotcha" on the railroad managements of the day. This has been my reaction from the start. I haven't studied Mr. Brown's work (and I don't really care how many initials he places after his name, although some of you obviously do) because I know the results. It had no effect. Now, we've spent 13 pages discussing it, and nobody has shown that there has been any value to it. So spend another 13 pages trying to plant your "gotcha"'s. You won't have any more effect on the world of railroading than you've already had. Your imaginations have been piqued, though - ad nauseum. Hooray. Old Timer
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