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Volpe urges US aid to railroads amid Penn Central case
Transportation Secretary John A. Volpe told Congress that government guaranteed loans are the only alternative to nationalizing railroads as Penn Central seeks reorganization. He noted one fifth of freight moves on Penn Central and warned a shutdown would hit workers and industries nationwide.
MENTIONED IN THIS ARTICLE
Washington
UPI
John A. Volpe
Congress
Volpe
House Commerce Committee
Penn Central Railroad
Penn Central