PENN CENTRAL: WHAT PRICE GOVERNMENT AID?

Penn Central's trustees have recommended three alternative forms of government assistance: a) Subsidies until the railroad becomes viable; b) Joint venture involving conveyance of rail plant to public authority, government commitment to maintain and to improve plant, and proportionate sharing of user charges paid by private operating company; c) Government purchase or lease of right of way at fair market value with subsequent government operation by private company paying user charges.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/1586268
• Corporate Authors:

  Simmons-Boardman Publishing Corporation

  P.O. Box 350
  Bristol, CT  United States  06010
• Publication Date: 1973-2

Media Info

• Pagination: 1 p.
• Serial:
  • Railway Age
  • Volume: 174
  • Issue Number: 3
  • Publisher: Simmons-Boardman Publishing Corporation
  • ISSN: 0033-8826
  • Serial URL: http://www.railwayage.com

Subject/Index Terms

• TRT Terms: Subsidies
• Identifier Terms: Penn Central Transportation Company
• Subject Areas: Finance; Railroads;

Filing Info

• Accession Number: 00051935
• Record Type: Publication
• Files: TRIS
• Created Date: Apr 26 1974 12:00AM