As the nation's two largest railroads, the New York Central and the Pennsylvania are fierce competitors. But in one operation they are partnersand not too happy about it. Together they control the tiny Central Indiana Railroad, which runs one freight train a day from Anderson, Ind. to the freight yards at Lebanon, 44 miles away. Central Indiana has lost money steadily for the past 51 years. Last week the New York Central and the Pennsy had a new partner in their money-losing venture: 45-year-old Ike Duffey, a self-made millionaire, retired meat packer, and a train buff since he was a boy.
Ike...
To continue reading:
or
Log-In
