Word: railings
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Theroux had lived for eleven years in London, he writes ("I had come to dislike the city"), but knew little about the rest of England. He decided to travel around its coast and those of Northern Ireland, Scotland and Wales, going mainly by foot and rail, as is his custom, and avoiding cathedrals and castles on principle. The prem ise sounds delightful; the practice was catastrophic. Man was so vile that few prospects pleased. The author found defeated respectability at best, tackiness and decay as a matter of course, buildings meanly and cheaply made, people ignorant and dulled...
...cultural events in Europe. These tours, the agency's Don Fannon explains, "appeal to a lot of professional people who can afford to take one or two days off from work, but not a whole week." More Americans than ever are attracted to train travel: an American Express rail tour of Europe is sold out; at least 10% more vacationers have bought Eurailpass...
DIED. Dennis R. Barnhart, 40, president of Eagle Computer, Inc., a thriving young microcomputer firm that, partly through his skillful management, had doubled its sales every quarter since its May 1982 incorporation; of injuries suffered when his red Ferrari swerved out of control, tore through a guard rail, and crashed into a ravine, only hours after the company's first public stock offering made the paper value of his holdings $9 million; in Los Gatos, Calif...
When the Federal Government combined the bankrupt Penn Central railroad with five other failed lines to form the Consolidated Rail Corp. or Conrail in 1976, some experts predicted that the new enterprise would be a financial sinkhole. Sure enough, over the next six years Conrail cost the Government about $7 billion. But against heavy odds, Conrail has become profitable. It earned $39.2 million in 1981 and $174.2 million in 1982 on revenues of $3.6 billion. Last week the U.S. Railway Association, a Government agency that oversees Conrail's operations, reported to Congress that the rescue operation has been...
Slowly, however, a transformation has taken place. The Government spent nearly $3 billion to computerize rail yards, upgrade facilities and repair creaky tracks. With the passage of the Northeast Rail Service Act in August 1981, Conrail was permitted to halt traffic on 2,600 miles of uneconomical track, about 15% of its total route network. Some 22,000 freight-service employees, including 5,000 who had job or severance guarantees, were cut from the payroll at a cost of more than $130 million. Last January, Conrail handed its unprofitable commuter service in New York, New Jersey, Connecticut and Pennsylvania over...