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Conrail skates on thin ice amid federal subsidies shift
Conrail, the nation s second largest railroad created by Congress, faces pressure to end federal subsidies. President Reagan seeks to dismantle and privatize profitable routes while Crane, its leader, argues with reform it can turn profitable. Congress to decide future funding and structure.
MENTIONED IN THIS ARTICLE
Philadelphia
Mississippi River
New England
Pacific
Detroit
Boston
Pennsylvania
Conrail
Congress
Northeast
Reagan
Dole
L. Stanley Crane
Southern Railway
Crane
Southern
Penn Central
Consolidated Rail Corp
Stephen Berger
U.S. Railway Association