Specific Item Information: Car #A with White 'N'
Road Name History: The New York, New Haven and Hartford Railroad (reporting mark NH), commonly known as the New Haven, was a railroad that operated in New England from 1872 to 1968, dominating the region's rail traffic for the first half of the 20th century.
Beginning in the 1890s and accelerating in 1903, New York banker J. P. Morgan sought to monopolize New England transportation by arranging the NH's acquisition of 50 companies, including other railroads and steamship lines, and building a network of electrified trolley lines that provided interurban transportation for all of southern New England. By 1912, the New Haven operated more than 2,000 miles (3,200 km) of track, with 120,000 employees, and practically monopolized traffic in a wide swath from Boston to New York City.
This quest for monopoly angered Progressive Era reformers, alienated public opinion, resulted in high prices for acquisitions, and increased construction costs. Debt soared from $14 million in 1903 to $242 million in 1913, even as the advent of automobiles, trucks and buses reduced railroad profits. Also in 1913, the federal government filed an anti-trust lawsuit that forced the NH to divest its trolley systems.
The line became bankrupt in 1935, was reorganized and reduced in scope, went bankrupt again in 1961, and in 1969 was merged with the Penn Central system, formed a year earlier by the merger of the also bankrupt New York Central Railroad and Pennsylvania Railroad; Already a poorly conceived merger, Penn Central proceeded to go bankrupt in 1970, becoming the largest bankruptcy in the U.S. until the Enron Corporation superseded it in 2001. The remnants of the system now comprise Metro-North Railroad's New Haven Line, (parts of) Amtrak's Northeast Corridor, Shore Line East, parts of the MBTA, and numerous freight operators such as CSX and the Providence and Worcester Railroad. The majority of the system is now owned publicly by the states of Connecticut, Rhode Island, and Massachusetts.
Read more on Wikipedia and New Haven Railroad Historical and Technical Association, Inc.
Beginning in the 1890s and accelerating in 1903, New York banker J. P. Morgan sought to monopolize New England transportation by arranging the NH's acquisition of 50 companies, including other railroads and steamship lines, and building a network of electrified trolley lines that provided interurban transportation for all of southern New England. By 1912, the New Haven operated more than 2,000 miles (3,200 km) of track, with 120,000 employees, and practically monopolized traffic in a wide swath from Boston to New York City.
This quest for monopoly angered Progressive Era reformers, alienated public opinion, resulted in high prices for acquisitions, and increased construction costs. Debt soared from $14 million in 1903 to $242 million in 1913, even as the advent of automobiles, trucks and buses reduced railroad profits. Also in 1913, the federal government filed an anti-trust lawsuit that forced the NH to divest its trolley systems.
The line became bankrupt in 1935, was reorganized and reduced in scope, went bankrupt again in 1961, and in 1969 was merged with the Penn Central system, formed a year earlier by the merger of the also bankrupt New York Central Railroad and Pennsylvania Railroad; Already a poorly conceived merger, Penn Central proceeded to go bankrupt in 1970, becoming the largest bankruptcy in the U.S. until the Enron Corporation superseded it in 2001. The remnants of the system now comprise Metro-North Railroad's New Haven Line, (parts of) Amtrak's Northeast Corridor, Shore Line East, parts of the MBTA, and numerous freight operators such as CSX and the Providence and Worcester Railroad. The majority of the system is now owned publicly by the states of Connecticut, Rhode Island, and Massachusetts.
Read more on Wikipedia and New Haven Railroad Historical and Technical Association, Inc.
Brand/Importer Information: Micro-Trains is the brand name used by both Kadee Quality Products and Micro-Trains Line. For a history of the relationship between the brand and the two companies, please consult our Micro-Trains Collector's Guide.
Manufacturer Information: Micro-Trains Line split off from Kadee Quality Products in 1990. Kadee Quality Products originally got involved in N-Scale by producing a scaled-down version of their successful HO Magne-Matic knuckle coupler system. This coupler was superior to the ubiquitous 'Rapido' style coupler due to two primary factors: superior realistic appearance and the ability to automatically uncouple when stopped over a magnet embedded in a section of track. The success of these couplers in N-Scale quickly translated to the production of trucks, wheels and in 1972 a release of ready-to-run box cars.
Micro-Trains Line Co. split off from Kadee in 1990 to form a completely independent company. For this reason, products from this company can appear with labels from both enterprises. Due to the nature of production idiosyncrasies and various random factors, the rolling stock from Micro-Trains can have all sorts of interesting variations in both their packaging as well as the products themselves. When acquiring an MTL product it is very important to understand these important production variations that can greatly enhance (or decrease) the value of your purchase.
Please consult our Micro-Trains Collector's Guide
Micro-Trains Line Co. split off from Kadee in 1990 to form a completely independent company. For this reason, products from this company can appear with labels from both enterprises. Due to the nature of production idiosyncrasies and various random factors, the rolling stock from Micro-Trains can have all sorts of interesting variations in both their packaging as well as the products themselves. When acquiring an MTL product it is very important to understand these important production variations that can greatly enhance (or decrease) the value of your purchase.
Please consult our Micro-Trains Collector's Guide
Commissioner Information:
Desiring to bring a creative and artistic approach to model railroad cars, Lowell Smith Signature Series was born in 1994. The first special run car commemorated the Sesquicentennial (150th anniversary) of the Golden Spike - "Wedding of the Rails". Since 1994, Lowell Smith Signature Series has continued to produce over one hundred and thirty-five unique cars or train locomotives to date.
A native of Portland, Oregon, Lowell Smith married his church choir sweetheart Barb in 1978. After a lifetime of rail-fanning, Lowell and Barb ventured out in 1992 to launch a new business in Portland, Oregon.
Following Lowell's passion of model trains, The Hobby Smith was built to be the community center for model railroaders - operators and collectors alike. Located in the Hollywood District of Portland, The Hobby Smith was the place to learn and to enjoy the camaraderie of others with the same passion.
A native of Portland, Oregon, Lowell Smith married his church choir sweetheart Barb in 1978. After a lifetime of rail-fanning, Lowell and Barb ventured out in 1992 to launch a new business in Portland, Oregon.
Following Lowell's passion of model trains, The Hobby Smith was built to be the community center for model railroaders - operators and collectors alike. Located in the Hollywood District of Portland, The Hobby Smith was the place to learn and to enjoy the camaraderie of others with the same passion.
Item created by: CNW400 on 2021-04-29 20:14:06. Last edited by grothe77 on 2023-11-17 16:48:50
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