Anonymous ID: 944068 Aug. 15, 2018, 6:59 p.m. No.2620479   🗄️.is 🔗kun

"Vanderbilt's Folly"

>Banker J. P. Morgan, who was the New York Central's principal banker and a Vanderbilt ally, was also concerned about the financial effects of competition. He brokered an agreement in which the New York Central bought the West Shore Railroad, halted construction on the South Pennsylvania (including a bridge over the Susquehanna River at Harrisburg), and agreed to sell its right-of-way to the Pennsylvania. However, legal action prevented the Pennsylvania from taking control of the line, and the South Pennsylvania remained in limbo for almost 20 years. In the meantime, two short sections, including the Quemahoning Tunnel, were later used for local short line railroads (the Pittsburgh, Westmoreland and Somerset Railroad among them), but the majority of the line, including several unfinished tunnels, remained unused. It eventually came to be known as "Vanderbilt's Folly".[1]