Abstract

Taken - by Train
Sherrill, Robert | June 29, 1970 issue

add to cart   close window

Out of respect for Richard K. Mellon, who had for years been a director of the Pennsylvania Railroad, other board members attended his funeral in Pittsburgh, Pennsylvania on June 5, 1970. The members decided to hold a meeting. The purpose of the meeting was to sell everyone present on the idea that the Pennsylvania Railroad, or rather the Pennsylvania Central, as it became with the merger in 1968 should be given a $200 million loan under the Defense Production Act. The Defense Production Act, normally has been used to give loans to small businesses that are needed for defense work and can't float large enough loans through normal channels.

See Also:

RAILROADS; LOANS; LEGISLATION; SMALL business; PITTSBURGH (Pa.); PENNSYLVANIA; UNITED States
ARCHIVE HOME
Pricing
Articles are sold in 'packs,' which are priced as follows:

1 for 2.95
4 for 9.95
10 for 19.95
50 for 34.95
300 for 149.95
Refund Policy
Sales of archive individual articles, full issues or article packs are final and no refunds will be issued.
Access for libraries
help
Search
Browse
Sample Article

My Articles

You must be logged in to view your articles.

User name

Password

I don't have a login.

I forgot my user name/password.
Advertisement
Advertisement

Blogs

» Editor's Cut

Filibuster Follies | "The filibuster has become a cancer growing inside the world's greatest deliberative body."
Katrina vanden Heuvel
49 Comments

» The Beat

Obama's "Finish the Job" Talk Sets Stage for Afghan Troop Surge | But Appropriations Committee chair Obey warns the move would "wipe out every initiative we have to rebuild our own economy."
John Nichols
114 Comments

» The Notion

Bad Black Mothers | For African American women, reproduction has never been an entirely private matter.
Melissa Harris-Lacewell
67 Comments

» Act Now!

Coal Country | Stunning film reveals new dimensions to the cost of America's over-reliance on coal.
Peter Rothberg
94 Comments

» The Dreyfuss Report

A Kingdom of Bicycles No Longer | China's ambassador for climate change speaks on the eve of the Copenhagen summit meeting.
Robert Dreyfuss
43 Comments

» Altercation

Slacker Friday | The "Second Amendment" sale; the raving paranoids of the right.
Eric Alterman