Greater Greater Washington

Report a Comment

The auto was only part of the problem. A bad decision to force PEPCO to sell the streetcar system and unscrupulous owners were to blame as well:

In 1946, a decision by the United States Supreme Court in North American Company v. Security and Exchange Commission, the Supreme Court upheld the Public Utility Holding Company Act of 1935 and forced the North American Company, because it also owned the Potomac Electric Power Company, to sell its shares of Capital Transit. Buyers were hard to come by, but on September 12, 1949, Louis Wolfson and his three brothers purchased from North American 46.5% of the company's stock for $20 per share and the Washington Railway was dissolved.[46] For $2.2 million they bought a company with $7 million in cash. The Wolfson's began paying themselves huge dividends until, in 1955, the war chest was down to $2.7 million. During the same period, transit trips dropped by 40,000 trips per day and automobile ownership doubled.[35]

by David C on Dec 7, 2009 11:55 pm • linkreport

Does this comment violate Greater Greater Washington's comment policy? If so, you can report it using this form and an editor will take a look.

Which rules in the comment policy do you believe the comment violates?
Comment is spam.
Comment attacks other individuals personally.
Comment is name-calling or berates, belittles, or interrogates others.
Comment discourages others from posting their ideas.
Comment is getting into an aggressive argument with another.
Comment is trolling.
Comment is off topic.
Commenter is impersonating someone else or switching handles.
Comment uses profanity or abusive language.
Comment advocates violent acts or harm to another.
Comment was posted in multiple areas of the site.
Comment is arguing about the comment policy.

Enter any other information you think would be helpful to us:

Your name:
Your email:

To be sure you're not a spammer, please use the map below to answer this question:
What Metrorail station is between Rosslyn and Farragut West on the Blue, Orange, or Silver Line?   

This map contains the answer to the challenge question.
Click to see the larger map. Feel free to ignore station subtitles.
Administrator pagespam