National Railroad Consolidation and the Van Sweringen Merger

Archive Report

National Railroad Consolidation and the Van Sweringen Merger

A distinct impetus has been given to the movement for general railroad consolidation, as contemplated in the Transportation Act of 1920 by the proposed Van Sweringen merger of the New York, Chicago & St. Louis, the Chesapeake & Ohie, the Hocking Valley, the Erie and the pere Marquette for unified operation. An actual corporate consolidation of these properties into one system cannot be undertaken until the Interstats Commerce Commission has promulgated its final consolidation plan for the grouping of all roads, but the Van Sweringen plan Will effect what amounts to a consolidation for all practical purposes, in advance of the Commission's final announcement.

The Van Sweringen merger is the first independent attempt at grouping railroads, hitherto unaffiliated, ...

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