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Re: (erielack) What shoulda been

On 1/31/09 7:13 PM, "Jim Guthrie" <jguthrie_@_pipeline.com> wrote:

> Michael writes:
> 
>> The N&W  did not want to take the EL or the D&H, they were ordered to by
>> the
>> ICC as a price for the approval of the N&W-NKP merger. The Dereco
>>> mechanism was to keep the EL and D&H at arm's length. The Penn Central's
>>> inclusion of the NYNH&H on January 1st, 1969, was similarly the result of
>> an >ICC order.  Since the ICC ordered it, it must have been OK.  The ICC,
>> after all, is
> 
> Mike -- Can you cite any evidence that the ICC ordered this on its own
> initiative or in an arbitrary and capricious manner, inventing these orders
> out of thin air?
> 
> Thanks!
> 
> Cheers,
> Jim Guthrie 
> 
> 
> The Erie Lackawanna Mailing List
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I think Jack Fishwick dreamt up Dereco.  N&W didn't want any part of the EL
debt.
    Bill H


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