Requiem for a Railroad. The Collapse of the Rock Island Gregory L. Schneider [email protected] Why Did the Rock Island Fail?. --Conventional Wisdom: Rock Island management was incompetent and allowed the railroad to decline;
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Source: Classic Trains Magazine, Spring 2011; personal collection of author
3. Mann-Elkins Act (1910)—expanded rate powers of ICC and created Commerce Court
4. WWI—railroads controlled by federal government (USRA)—returned to private control following the war
2. Authorized reduction in number of railroads and money from rich to poor railroads—never enacted—still being discussed into 1970s