Penn Central's 1974 plea for federal help

This is a fascinating look at just how bad the American rail system had become in the early 1970s before deregulation:

Penn Central was created by a merger of the former Pennsylvania Railroad and the New York Central system in 1968, in an attempt to save both of those lines. Eventually, the federal government took over PC and other bankrupt northeastern railroads to form Conrail.

H/T to Jason A. Ciastko.