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RE: (erielack) What shoulda been



It's my understanding, Jim, that the EL did insist that they would be irreparably harmed by the
inclusion of the NKP in the N&W, and that they should be included in the combination.  This would be
in the minutes of the ICC hearings, I'd imagine.  Naturally, N&W (Fishwick) was dead set against
that, I expect because of the commuter issues.  So, DERECO was a way to mollify . . . somebody . . .
and to NOT take in the EL.  Or the D&H.

I doubt that the ICC "ordered" N&W to take on the EL or anything like that.  But I also think that
the N&W proposed the DERECO "solution" to give the ICC a way to avoid a Rock Island duration series
of hearings.  Essentially it was a way to box up a "problem" so it could be basically ignored.  They
agreed to ignore the elephant in the corner of the room.

SGL

> > I think Jack Fishwick dreamt up Dereco.  N&W didn't want any part of the
> > EL
> > debt.
> 
> Same challenge as to Michael:
> 
> Find some record that the ICC decided this should happen of its own
> initiative or in an otherwise arbitrary and capricious manner.
> 
> Mike cited William White -- but that's already thinking on some other lines,
> like maybe EL was insistent on being included **in some manner** in the
> NW-NKP-Wabash merger.
> 
> That's a far cry from the ICC simply "ordering" something because with was
> "presiding over the destruction of the railroads."
> 
> So -- I'm always open to learning new things, not otherwise covered in the
> history books.
> 
> Cheers,
> Jim
> 
> 
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