Word: unrepaid
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Dates: during 1970-1979
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...company also inherits the nation's largest railroading headache. By far its biggest component is the bankrupt Penn Central line, which six years of effort and about $800 million in federal grants and unrepaid loans have not restored to health. ConRail also now owns the Reading, Erie Lackawanna, Central of New Jersey, Lehigh Valley and Lehigh & Hudson River lines. Altogether, the six lines lost almost $2 million a day last year. But they carried too much freight (20% of the nation's rail total) and too many passengers (428,000 a day) to be allowed...
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