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GM&O/IC Merger
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<P>At the time of the merger, the Interstate highway had become the new player in the markets served by these railroads. The GM&O was cobbled together from the Alton, spun off by B&O in 1949, and the GM&N, the route of the Rebel. While Alton was the main player in the Chicago-St.Louis market they still competed with IC and Wabash there, in the south, the Rebel was a motor bus for it's last years. All of the mergers of this period dealt with a vastly overbuilt system 70% of the traffic was on 30% of the system. IC cherry picked the best of the GM&O freight traffic and either abandoned or sold off whatever was left. </P>
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