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When Did The Reading Railroad Shut Down?

The Reading Company (/ˈrɛdɪŋ/ RED-ing) was a Philadelphia-headquartered railroad that provided passenger and commercial rail transport in eastern Pennsylvania and neighboring states that operated from 1924 until its 1976 acquisition by Conrail. Why did the Reading Railroad fail? Without Morgan’s support, the Reading became insolvent, sparking an unprecedented stock market collapse. The events leading up …

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