Business & Finance: State & Stakeholders

(See front cover)

Dissatisfaction with a state-owned transportation system was what launched the Pennsylvania R. R. 86 years ago. Stretching from Philadelphia to Pittsburgh (at the head of navigation on the Ohio River) was an extraordinary series of state-owned railways, canals and skidways over the Alleghenies, built to compete with New York's booming Erie Canal. Canal boats, constructed in sections, were trundled through the streets of Philadelphia on low-wheel trucks, hauled to a railway, then chuffed, towed, pushed and slid over the 395 mi. of "State Works" to Pittsburgh. In winter when canals...

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