RAILROADS: Traffic Down, Rates Up

"The general public has substantially abandoned its use of trains for other modes of travel." So said Baltimore & Ohio Railroad President Howard E. Simpson last week as the B. & O. petitioned the public service commissions of Maryland, Delaware and Pennsylvania for permission to drop its Baltimore-New York City passenger service, once esteemed as the "prestige run." Simpson, himself one of the few top railroaders to rise through the passenger department, had good reason to request a cutback. Of the B. & O.'s $34 million passenger deficit last year, $5,000,000 came from the six daily Baltimore-New York round...

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