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Rewind: The Destruction of Penn Station

The Bowery Boys: New York City History

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Pennsylvania Railroad

By the late fifties, industry had taken a hit in the northeast and interstate trucking had become more popular. But there's still a big american company, so they must have had some ideas about turning this thing around. And i think you just brought up another good point to remember here, which is that the pennsylvania railroad was a massive private company. They weren't funded by the government, they had investors to please, and they needed to turn a profit.

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