The Nation - News from April 30, 1986
The Administration’s plan to sell Conrail to Norfolk Southern Corp. for $1.2 billion is “mired in a hopeless swamp†and must be abandoned in the public interest, the chairman of the House Energy and Commerce Committee demanded. Rep. John D. Dingell (D-Mich.) ripped into the proposal after weeks of study, issuing a surprise statement that called for a new transaction to preserve the government-owned freight rail carrier as an independent entity.
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